Is Paulsboro, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Paulsboro was a Seller's Market.
Housing Prices in Paulsboro, NJ
How much do homes in Paulsboro, NJ cost?
Median Sold Price
$207,637
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Paulsboro was $207,637 in March 2024, up 22.1% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $110K | $59.9K | -45.5% |
2 Bedrooms | $160K | $183.5K | +14.7% |
3 Bedrooms | $161K | $205.2K | +27.5% |
4 Bedrooms | $217.9K | $220K | +0.9% |
5+ Bedrooms | $140K | $175K | +25.0% |
Summary: Paulsboro housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.5%, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 27.5%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 25%.
Median Sold Price Compared To Nearby Cities
Paulsboro | $170K | $207.6K | +22.1% |
Thorofare | $259K | $315K | +21.6% |
Greenwich Township | $253K | $284.9K | +12.6% |
Gibbstown | $256K | $285K | +11.3% |
Clarksboro | $400K | $385K | -3.8% |
Housing Supply in Paulsboro, NJ
How many homes are available in Paulsboro, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
45 | 48 | +6.7% |
Summary: The Paulsboro real estate market had 48 homes for sale in March 2024, a 6.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 21 | 21 | 0.0% |
4 Bedrooms | 12 | 14 | +16.7% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Paulsboro housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Paulsboro in March 2024, the same as the previous month. Of the 6 sold homes, 17% were sold under asking, 67% were sold at asking, and 17% were sold over asking.
Days on Market for Paulsboro, NJ
How long does it take to sell a home in Paulsboro, NJ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
54 Days | 29 Days | -45.5% |
Summary: Homes in Paulsboro had an average of 29 days on market in Mar 2024, down by 45.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Paulsboro; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.