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Featured local agent — Gloucester City, NJ
Sarah Mitchell
Compass Real Estate · Gloucester City, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Gloucester City, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$210,000median sale price
How is the Gloucester City, NJ housing market right now?
The median home sale price in Gloucester City, NJ is $210,000, down 12.7% year-over-year. Homes sell in an average of 61 days with 38 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Gloucester City a buyer's or seller's market?
Gloucester City, NJ is currently a buyer's market, based on 6.3 months of supply and homes selling in about 61 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
61
Average pace
Active listings
38
6.3 months supply
Sale-to-list
90.6%
Below asking
What does the Gloucester City housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $210,000 |
| Median list price | $249,839 |
| Year-over-year price change | -12.7% |
| Average days on market | 61 days |
| Active inventory | 38 listings |
| Months of supply | 6.3 months |
| Sale-to-list price ratio | 90.6% |
| Median price per sq ft | $154/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 18 |
| Listings with a price cut | 13.2% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Gloucester City by property type?
How the Gloucester City, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $115,000 | $154/sq ft | 2 | 12 days |
| Townhouse | $215,900 | $158/sq ft | 4 | 109 days |
Source: Redfin · Updated monthly
The Gloucester City housing market is currently classified as a buyer's market with a median sale price of $210,000. Prices have fallen 12.7% compared to last year, with homes spending an average of 61 days on market, indicating 6.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.4x provides context for how home values compare to local earning capacity.
Homes for sale in Gloucester City
There are currently 38 homes listed for sale in Gloucester City, New Jersey. The median listing price is $250K.
Active listings
38
Homes on market
Median list price
$250K
Avg. days on market
61
Days until sale
New this week
18
Newly listed
Who lives in Gloucester City?
Population
11,465
Median income
$70,942/yr
Median age
33 years
Owner-occupied
56.9%
College grads
21.1%
Avg commute
21.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Gloucester City?
Zillow home value
$243,103
Price-to-income
3.4x
Source: Zillow Research
What is it like to live in Gloucester City?
Gloucester City is a community of approximately 11K residents with a median age of 33 years.The median household income is $70,942, which represents a working-class community with solid middle-income opportunities. 21.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 56.9%, showing a blend of owner and renter-occupied properties. The average commute time is 21.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Gloucester City offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Gloucester City?
3 schools tracked · 2,389 students
The largest public schools serving Gloucester City, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Cold Springs School
Grades PK-3 · 854 students
Gloucester City Middle School
Grades 4-8 · 804 students
Gloucester City High School
Grades 9-12 · 731 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Gloucester City, NJ?
Want a head-to-head view? Compare Gloucester City side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Gloucester City?
The median home sale price in Gloucester City is $210,000, down 12.7% from last year.
How long do homes stay on market in Gloucester City?
Homes typically spend 61 days on market before going under contract.
What is the median income in Gloucester City?
The median household income is $70,942 per year.
Is Gloucester City a buyer's or seller's market?
With 6.3 months of supply, Gloucester City is currently a buyer's market.
What is the Zillow home value estimate for Gloucester City?
The Zillow Home Value Index (ZHVI) for Gloucester City is $243,103, representing the typical home value in the area.
How much does a single-family home cost in Gloucester City?
The median single-family home price in Gloucester City, NJ is $115,000 (about $154 per square foot).
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