Cumberland County, NJ Home Values & Market Trends
The median home price in Cumberland County, NJ is $229,805.85. There were 2,078 home sales in Cumberland County, NJ over the past 12 months. The median residential Cumberland County, NJ home value for transactions over the previous year is $159,841.357. The number of current listings in Cumberland County, NJ is 159, and the percentage of properties for sale is 159.00%. The county has 916 foreclosures, 19 bank owned properties, 72 headed for auction, and 159 properties for sale.
Cumberland County, NJ Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Millville | $ 180,600 $ 127/sqft | Cedarville | $ 41,080 $ 38/sqft |
| Vineland | $ 249,100 $ 164/sqft | Fortescue | $ -- $ -- |
| Bridgeton | $ 213,100 $ 136/sqft | Dividing Creek | $ -- $ -- |
| Newport | $ 264,550 $ 161/sqft | Delmont | $ -- $ -- |
| Leesburg | $ -- $ -- | Heislerville | $ -- $ -- |
| Port Norris | $ -- $ -- | Dorchester | $ -- $ -- |
| Greenwich | $ 250,450 $ 136/sqft | Port Elizabeth | $ -- $ -- |
| Mauricetown | $ -- $ -- | Rosenhayn | $ -- $ -- |
| Shiloh | $ 247,400 $ 127/sqft |
Housing Market Summary for Cumberland County, NJ
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $239.9K | $200.6K | -16.40% |
| Median Sold Price | $190K | $200.6K | 5.55% |
| Homes For Sale | 108 | 167 | 54.63% |
| Homes Sold | 974 | 856 | -12.11% |
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 Cumberland County, NJ
Browse Homes in Cumberland County, NJ
Cumberland County, NJ home values range from $28,540 to $474,000. Greenwich is the priciest city with a median listing home price of $410,000, and Cedarville is most affordable with average house prices of around $19,000.
- Pre-ForeclosurePre-foreclosure homes account for 1.96% of all residential properties in Cumberland County, NJ with Vineland containing 323 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 17 cities within Cumberland County, NJ; of those cities, the estimated home value for pre-foreclosure homes ranges from $517,900 in Shiloh to the lowest home value of $57,410 in Bridgeton.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Cumberland County, NJ ranges from the highest value of $316,800 in Vineland to the lowest value of $127,100 in Bridgeton. Bank owned homes and properties account for 0.05% of properties in Cumberland County, NJ. There are 17 cities within Cumberland County, NJ; Vineland containing 10 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsMillville has 24 auction properties, the highest number of properties going to auction in a single city in the state of Cumberland County, NJ. Auction homes and other auction properties account for 0.17% of all properties in Cumberland County, NJ. There are 17 cities within Cumberland County, NJ; of those cities, the median estimated home value for homes going to auction ranges from $407,900 in Newport to the lowest value of $85,630 in Newport.
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More Real Estate Resources for Cumberland County, NJ
Guide for Cumberland County, NJ
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