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Featured local agent — Pennsauken, NJ
Sarah Mitchell
Compass Real Estate · Pennsauken, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Pennsauken, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$330,000median sale price
How is the Pennsauken, NJ housing market right now?
The median home sale price in Pennsauken, NJ is $330,000. Homes sell in an average of 33 days with 62 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 Pennsauken a buyer's or seller's market?
Pennsauken, NJ is currently a seller's market, based on 2.7 months of supply and homes selling in about 33 days. How we determine this →
Homes sold
23
Last 12 weeks
Days on market
33
Average pace
Active listings
62
2.7 months supply
Sale-to-list
102.1%
Above asking
What does the Pennsauken housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $330,000 |
| Median list price | $360,000 |
| Average days on market | 33 days |
| Active inventory | 62 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 102.1% |
| Median price per sq ft | $225/sq ft |
| Homes sold (latest month) | 23 |
| New listings (latest month) | 33 |
| Listings with a price cut | 17.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Pennsauken by property type?
How the Pennsauken, 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 | $360,000 | $224/sq ft | 17 | 38 days |
| Condo / Co-op | $287,500 | $223/sq ft | 2 | 18 days |
| Townhouse | $275,000 | $240/sq ft | 3 | 33 days |
Source: Redfin · Updated monthly
The Pennsauken housing market is currently classified as a seller's market with a median sale price of $330,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 33 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Pennsauken
There are currently 62 homes listed for sale in Pennsauken, New Jersey. The median listing price is $360K.
Active listings
62
Homes on market
Median list price
$360K
Avg. days on market
33
Days until sale
New this week
33
Newly listed
What are homes worth in Pennsauken?
Zillow home value
$318,414
Zillow rent index
$2,369/mo
Price-to-rent ratio
11.2x
Source: Zillow Research
Which public schools serve Pennsauken?
10 schools tracked · 5,335 students
The largest public schools serving Pennsauken, 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.
Pennsauken High School
Grades 9-12 · 1,558 students
Howard M. Phifer Middle School
Grades 6-8 · 1,010 students
Camden County Technical School-Pennsauken
Grades 9-12 · 769 students
Pennsauken Intermediate School
Grades 4-5 · 645 students
Benjamin Franklin Elementary School
Grades PK-3 · 373 students
G.H. Carson Elementary School
Grades PK-3 · 359 students
George B. Fine Elementary School
Grades PK-3 · 285 students
Roosevelt Science Technology Engineering and Mathematics (ST
Grades K-7 · 162 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 Pennsauken, NJ?
Want a head-to-head view? Compare Pennsauken side-by-side with any other U.S. city using our market-comparison tool.
Is Pennsauken a good real estate investment market?
For investors evaluating Pennsauken, the price-to-rent ratio of 11.2x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 0.0% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Pennsauken's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Pennsauken's median home price.
Frequently asked questions
What is the average home price in Pennsauken?
The median home sale price in Pennsauken is $330,000, down 0.0% from last year.
How long do homes stay on market in Pennsauken?
Homes typically spend 33 days on market before going under contract.
Is Pennsauken a buyer's or seller's market?
With 2.7 months of supply, Pennsauken is currently a seller's market.
What is the Zillow home value estimate for Pennsauken?
The Zillow Home Value Index (ZHVI) for Pennsauken is $318,414, representing the typical home value in the area.
What is the median condo price in Pennsauken?
The median condo/co-op sale price in Pennsauken, NJ is $287,500, compared to $360,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Pennsauken?
The median single-family home price in Pennsauken, NJ is $360,000 (about $224 per square foot).
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