Gloucester City, NJ

Buyer's market+14.9% YoY

Housing market overview · Updated weekly

$281,500median sale price

Homes sold

6

Last 12 weeks

Days on market

28

Average pace

Active listings

46

7.7 months supply

Sale-to-list

97.6%

Below asking

The Gloucester City housing market is currently classified as a buyer's market with a median sale price of $281,500. Prices have risen 14.9% compared to last year, with homes spending an average of 28 days on market, indicating 7.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Gloucester City

There are currently 46 homes listed for sale in Gloucester City, New Jersey. The median listing price is $260K.

Active listings

46

Homes on market

Median list price

$260K

Avg. days on market

28

Days until sale

New this week

11

Newly listed

Price drops:28.3%of listings
Sale-to-list:97.6%

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Frequently asked questions

What is the average home price in Gloucester City?

The median home sale price in Gloucester City is $281,500, up 14.9% from last year.

How long do homes stay on market in Gloucester City?

Homes typically spend 28 days on market before going under contract.

Is Gloucester City a buyer's or seller's market?

With 7.7 months of supply, Gloucester City is currently a buyer's market.

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