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Featured local agent — Merchantville, NJ
Sarah Mitchell
Compass Real Estate · Merchantville, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Merchantville, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$405,000median sale price
How is the Merchantville, NJ housing market right now?
The median home sale price in Merchantville, NJ is $405,000, up 12.5% year-over-year. Homes sell in an average of 10 days with 15 active listings. The market is currently a seller'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 Merchantville a buyer's or seller's market?
Merchantville, NJ is currently a seller's market, based on 5.0 months of supply and homes selling in about 10 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
10
Fast-moving
Active listings
15
5.0 months supply
Sale-to-list
104.5%
Above asking
What does the Merchantville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $405,000 |
| Median list price | $344,950 |
| Year-over-year price change | +12.5% |
| Average days on market | 10 days |
| Active inventory | 15 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 104.5% |
| Median price per sq ft | $158/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 8 |
| Listings with a price cut | 6.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Merchantville by property type?
How the Merchantville, 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 | $405,000 | $158/sq ft | 3 | 10 days |
| Condo / Co-op | $110,000 | $220/sq ft | 1 | 59 days |
| Townhouse | $300,000 | $214/sq ft | 1 | 6 days |
Source: Redfin · Updated monthly
The Merchantville housing market is currently classified as a seller's market with a median sale price of $405,000. Prices have risen 12.5% compared to last year, with homes spending an average of 10 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.0x provides context for how home values compare to local earning capacity.
Homes for sale in Merchantville
There are currently 15 homes listed for sale in Merchantville, New Jersey. The median listing price is $345K.
Active listings
15
Homes on market
Median list price
$345K
Avg. days on market
10
Days until sale
New this week
8
Newly listed
Who lives in Merchantville?
Population
3,815
Median income
$91,607/yr
Median age
36.8 years
Owner-occupied
62.1%
College grads
37.0%
Avg commute
27 min
Source: U.S. Census Bureau ACS
What are homes worth in Merchantville?
Zillow home value
$365,183
Price-to-income
4.0x
Source: Zillow Research
What is it like to live in Merchantville?
Merchantville is a community of approximately 4K residents with a median age of 36.8 years.The median household income is $91,607, which reflects a relatively affluent area with strong earning potential. 37.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 62.1%, showing a blend of owner and renter-occupied properties. The average commute time is 27 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Merchantville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Merchantville?
1 schools tracked · 396 students
The largest public schools serving Merchantville, 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.
Merchantville Elementary School
Grades PK-8 · 396 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 Merchantville, NJ?
Want a head-to-head view? Compare Merchantville side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Merchantville?
The median home sale price in Merchantville is $405,000, up 12.5% from last year.
How long do homes stay on market in Merchantville?
Homes typically spend 10 days on market before going under contract.
What is the median income in Merchantville?
The median household income is $91,607 per year.
Is Merchantville a buyer's or seller's market?
With 5.0 months of supply, Merchantville is currently a seller's market.
What is the Zillow home value estimate for Merchantville?
The Zillow Home Value Index (ZHVI) for Merchantville is $365,183, representing the typical home value in the area.
What is the median condo price in Merchantville?
The median condo/co-op sale price in Merchantville, NJ is $110,000, compared to $405,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Merchantville?
The median single-family home price in Merchantville, NJ is $405,000 (about $158 per square foot).
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