Is Paulsboro, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$205,137
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Paulsboro was $205,137 in April 2024, up 19.6% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $110K | $59.9K | -45.5% |
2 Bedrooms | $160K | $183.5K | +14.7% |
3 Bedrooms | $169.4K | $202.5K | +19.5% |
4 Bedrooms | $217.4K | $223.2K | +2.7% |
5+ Bedrooms | $140K | $175K | +25.0% |
Summary: Paulsboro housing prices by bedroom type for April 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 19.5%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 25%.
Median Sold Price Compared To Nearby Cities
Paulsboro | $171.5K | $205.1K | +19.6% |
Thorofare | $260.5K | $310K | +19.0% |
Greenwich Township | $250K | $285K | +14.0% |
Gibbstown | $253K | $288K | +13.8% |
Clarksboro | $397.5K | $385K | -3.1% |
Housing Supply in Paulsboro, NJ
How many homes are available in Paulsboro, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 27 | -10.0% |
Summary: The Paulsboro real estate market had 27 homes for sale in April 2024, a 10.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 4 | -42.9% |
3 Bedrooms | 14 | 15 | +7.1% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Paulsboro housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 42.9%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Paulsboro in April 2024, down by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
19 Days | 34 Days | +76.6% |
Summary: Homes in Paulsboro had an average of 34 days on market in Apr 2024, up by 76.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Paulsboro; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.