Is Paulsboro, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Paulsboro is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Paulsboro was a Seller's Market.

Key Takeaway

Paulsboro is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Paulsboro, NJ

How much do homes in Paulsboro, NJ cost?

Median Sold Price

$216,000

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$17,500(+8.8%)

Key Takeaway

Homes in Paulsboro have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in Paulsboro was $216,000 in September 2024, up 8.8% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $84.9K-
N/A
2 $177K$190K
+7.3%
3 $191.4K$218K
+13.9%
4 $220K$239K
+8.6%
5+ $175K$247K
+41.1%

Summary: Paulsboro housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 41.1%.

Median Sold Price Compared To Nearby Cities

Thorofare
+23.2%
Greenwich Township
+17.2%
Gibbstown
+15.4%
Paulsboro
+8.8%
Clarksboro
+3.1%

Housing Supply in Paulsboro, NJ

How many homes are available in Paulsboro, NJ?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2628+7.7%

Summary: The Paulsboro real estate market had 28 homes for sale in September 2024, a 7.7% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 34
+33.3%
3 1114
+27.3%
4 109
-10.0%
5+ 10
-100.0%

Summary: The Paulsboro housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 27.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Paulsboro, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Paulsboro in September 2024, down by 71.4% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

Sep 2023Sep 2024CHANGE
21 Days17 Days-20.3%

Summary: Homes in Paulsboro had an average of 17 days on market in Sep 2024, down by 20.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Paulsboro are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 2 homes were sold in Paulsboro; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 7 Days Ago

Newest Listings in Paulsboro, NJ

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