Gloucester County, NJ Home Values & Market Trends
The median home price in Gloucester County, NJ is $334,512.79. There were 3,707 home sales in Gloucester County, NJ over the past 12 months. The median residential Gloucester County, NJ home value for transactions over the previous year is $288,757.358. The number of current listings in Gloucester County, NJ is 283, and the percentage of properties for sale is 283.00%. The county has 1,654 foreclosures, 32 bank owned properties, 138 headed for auction, and 283 properties for sale.
Gloucester County, NJ Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Williamstown | $ 278,100 $ 169/sqft | Newfield | $ 300,300 $ 157/sqft |
| Sewell | $ 375,500 $ 192/sqft | National Park | $ 237,950 $ 191/sqft |
| Woodbury | $ 225,500 $ 172/sqft | Mickleton | $ 611,000 $ 207/sqft |
| Swedesboro | $ 420,250 $ 185/sqft | Woodbury Heights | $ 397,900 $ 212/sqft |
| Glassboro | $ 325,400 $ 168/sqft | Mount Royal | $ 412,800 $ 210/sqft |
| Mullica Hill | $ 529,900 $ 201/sqft | Gibbstown | $ 301,100 $ 162/sqft |
| Wenonah | $ 320,300 $ 190/sqft | Clarksboro | $ 409,050 $ 198/sqft |
| Franklinville | $ 301,150 $ 183/sqft | Malaga | $ 294,400 $ 113/sqft |
| Clayton | $ 260,800 $ 180/sqft | Grenloch | $ -- $ -- |
| Paulsboro | $ 183,400 $ 150/sqft | Thorofare | $ -- $ -- |
| Mantua | $ 279,000 $ 180/sqft | Bridgeport | $ -- $ -- |
| Pitman | $ 356,800 $ 185/sqft | Harrisonville | $ -- $ -- |
| Westville | $ 239,750 $ 157/sqft |
Housing Market Summary for Gloucester County, NJ
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $299.9K | $304.8K | 1.63% |
| Median Sold Price | $274.6K | $304.8K | 10.99% |
| Homes For Sale | 221 | 249 | 12.67% |
| Homes Sold | 1,883 | 1,802 | -4.30% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Gloucester County, NJ
Browse Homes in Gloucester County, NJ
Gloucester County, NJ home values range from $108,000 to $700,600. Mullica Hill is the priciest city with a median listing home price of $745,950, and Paulsboro is most affordable with average house prices of around $190,000.
- Pre-ForeclosurePre-foreclosure homes account for 1.55% of all residential properties in Gloucester County, NJ with Williamstown containing 264 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 25 cities within Gloucester County, NJ; of those cities, the estimated home value for pre-foreclosure homes ranges from $664,700 in Clarksboro to the lowest home value of $120,400 in Paulsboro.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Gloucester County, NJ ranges from the highest value of $379,700 in Mullica Hill to the lowest value of $165,200 in Williamstown. Bank owned homes and properties account for 0.03% of properties in Gloucester County, NJ. There are 25 cities within Gloucester County, NJ; Williamstown containing 10 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsWilliamstown has 26 auction properties, the highest number of properties going to auction in a single city in the state of Gloucester County, NJ. Auction homes and other auction properties account for 0.14% of all properties in Gloucester County, NJ. There are 25 cities within Gloucester County, NJ; of those cities, the median estimated home value for homes going to auction ranges from $483,000 in Mickleton to the lowest value of $130,200 in Mickleton.
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More Real Estate Resources for Gloucester County, NJ
Guide for Gloucester County, NJ
The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.
The Jersey City real estate market continues to show robust growth with prices rising to an average of $595,000 per property and $394 per square foot in February 2024.
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.
