Pennsville, NJ

Buyer's market-18.4% YoY

Housing market overview · Updated weekly

$216,250median sale price

Homes sold

6

Last 12 weeks

Days on market

90

Average pace

Active listings

49

8.2 months supply

Sale-to-list

99.0%

Below asking

The Pennsville housing market is currently classified as a buyer's market with a median sale price of $216,250. Prices have fallen 18.4% compared to last year, with homes spending an average of 90 days on market, indicating 8.2 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Pennsville

There are currently 49 homes listed for sale in Pennsville, New Jersey. The median listing price is $299K.

Active listings

49

Homes on market

Median list price

$299K

Avg. days on market

90

Days until sale

New this week

9

Newly listed

Price drops:26.5%of listings
Sale-to-list:99.0%

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Frequently asked questions

What is the average home price in Pennsville?

The median home sale price in Pennsville is $216,250, down 18.4% from last year.

How long do homes stay on market in Pennsville?

Homes typically spend 90 days on market before going under contract.

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

With 8.2 months of supply, Pennsville is currently a buyer's market.

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