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Sarah Mitchell

CNESRESABR

Compass Real Estate · Pennsville, NJ

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Pennsville, NJ(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Pennsville, NJ Housing Market & Real Estate

Balanced market-3.8% YoY

Housing market overview · Updated monthly ·

$255,000median sale price

How is the Pennsville, NJ housing market right now?

The median home sale price in Pennsville, NJ is $255,000, down 3.8% year-over-year. Homes sell in an average of 35 days with 52 active listings. The market is currently a balanced 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 Pennsville a buyer's or seller's market?

Balanced market3.1 months of supply35 avg. days on market

Pennsville, NJ is currently a balanced market, based on 3.1 months of supply and homes selling in about 35 days. How we determine this →

Homes sold

17

Last 12 weeks

Days on market

35

Average pace

Active listings

52

3.1 months supply

Sale-to-list

99.0%

Below asking

What does the Pennsville housing market data show?

Current housing market statistics for Pennsville, NJ
MetricValue
Median sale price$255,000
Median list price$299,950
Year-over-year price change-3.8%
Average days on market35 days
Active inventory52 listings
Months of supply3.1 months
Sale-to-list price ratio99.0%
Median price per sq ft$201/sq ft
Homes sold (latest month)17
New listings (latest month)18
Listings with a price cut25.0%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Pennsville by property type?

How the Pennsville, NJ market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Pennsville, NJ
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$255,000$201/sq ft1735 days
Townhouse$280,000$154/sq ft145 days

Source: Redfin · Updated monthly

The Pennsville housing market is currently classified as a balanced market with a median sale price of $255,000. Prices have fallen 3.8% compared to last year, with homes spending an average of 35 days on market, indicating 3.1 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 3.7x provides context for how home values compare to local earning capacity.

Homes for sale in Pennsville

There are currently 52 homes listed for sale in Pennsville, New Jersey. The median listing price is $300K.

Active listings

52

Homes on market

Median list price

$300K

Avg. days on market

35

Days until sale

New this week

18

Newly listed

Price drops:25.0%of listings
Sale-to-list:99.0%

Who lives in Pennsville?

Population

12,238

Median income

$75,162/yr

Median age

40.7 years

Owner-occupied

77.3%

College grads

21.0%

Avg commute

24.8 min

Source: U.S. Census Bureau ACS

What are homes worth in Pennsville?

Zillow home value

$280,666

Price-to-income

3.7x

Source: Zillow Research

What is it like to live in Pennsville?

Pennsville is a community of approximately 12K residents with a median age of 40.7 years.The median household income is $75,162, which reflects a relatively affluent area with strong earning potential. 21.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 77.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Pennsville offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Pennsville?

5 schools tracked · 1,826 students

The largest public schools serving Pennsville, 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.

Pennsville Memorial High School

Grades 9-12 · 481 students

Public

Pennsville Middle School

Grades 6-8 · 453 students

Public

Valley Park Elementary School

Grades PK-1 · 381 students

Public

Penn Beach Elementary

Grades 3-5 · 277 students

Public

Central Park Elementary School

Grades K-3 · 234 students

Public

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 Pennsville, NJ?

Want a head-to-head view? Compare Pennsville side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Pennsville?

The median home sale price in Pennsville is $255,000, down 3.8% from last year.

How long do homes stay on market in Pennsville?

Homes typically spend 35 days on market before going under contract.

What is the median income in Pennsville?

The median household income is $75,162 per year.

Is Pennsville a buyer's or seller's market?

With 3.1 months of supply, Pennsville is currently a balanced market.

What is the Zillow home value estimate for Pennsville?

The Zillow Home Value Index (ZHVI) for Pennsville is $280,666, representing the typical home value in the area.

How much does a single-family home cost in Pennsville?

The median single-family home price in Pennsville, NJ is $255,000 (about $201 per square foot).

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