Pennsauken, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 437 transactions over the past year in Pennsauken. The median value for residential home transactions that occurred over the previous year is $265,488.47. The number of current listings in Pennsauken is 27, and the percentage of properties for sale in the city is 27.00%. Pennsauken, NJ currently has 260 properties in foreclosure, 1 bank owned properties, 12 properties headed for auction, and 27 properties for sale.
Pennsauken, NJ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 08110 | $ 235,950 $ 169/sqft |
Housing Market Summary for Pennsauken, NJ
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $239K | $257.9K | 7.91% |
| Median Sold Price | $230K | $257.9K | 12.13% |
| Homes For Sale | 29 | 30 | 3.45% |
| Homes Sold | 265 | 243 | -8.30% |
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 Pennsauken, NJ
Browse Homes in Pennsauken, NJ
Pennsauken home values range from $64,190 to $673,000. The median estimated value of a home in Pennsauken is $265,488.47. The median list price of a home is 310,000, and the total count of properties in the city is 11,466.
- Pre-ForeclosurePre-foreclosure homes account for 2.15% of all residential properties in Pennsauken, NJ with 08110 containing 136 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Pennsauken, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $326,800 in 08110 to the lowest home value of $139,200 in 08110.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Pennsauken, NJ ranges from the highest value of $236,300 in 08110 to the lowest value of $236,300 in 08110. Bank owned homes and properties account for 0.01% of properties in Pennsauken, NJ. There is 1 zips within Pennsauken, NJ; 08110 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions08110 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Pennsauken, NJ. Auction homes and other auction properties account for 0.10% of all properties in Pennsauken, NJ. There is 1 zips within Pennsauken, NJ; of that zips, the median estimated home value for homes going to auction ranges from $265,100 in 08110 to the lowest value of $176,700 in 08110.
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Guide for Pennsauken, 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.
