Penns Grove, NJ
Housing market overview · Updated weekly
$185,000median sale price
Homes sold
7
Last 12 weeks
Days on market
73
Average pace
Active listings
15
2.1 months supply
Sale-to-list
101.7%
Above asking
The Penns Grove housing market is currently classified as a seller's market with a median sale price of $185,000. Prices have risen 51.0% compared to last year, with homes spending an average of 73 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Penns Grove
There are currently 15 homes listed for sale in Penns Grove, New Jersey. The median listing price is $168K.
Active listings
15
Homes on market
Median list price
$168K
Avg. days on market
73
Days until sale
New this week
4
Newly listed
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Frequently asked questions
What is the average home price in Penns Grove?
The median home sale price in Penns Grove is $185,000, up 51.0% from last year.
How long do homes stay on market in Penns Grove?
Homes typically spend 73 days on market before going under contract.
Is Penns Grove a buyer's or seller's market?
With 2.1 months of supply, Penns Grove is currently a seller's market.
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