$3,266 Closing Credit*
$275,000
1,780 SqFt
3 Beds
•1 Full Bath
Ronald A Bruce Jr., Listing Office: BHHS Fox & Roach-Mullica Hill South
Is Paulsboro, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Paulsboro was a Seller's Market.
Key Takeaway
Paulsboro is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Paulsboro, NJ
How much do homes in Paulsboro, NJ cost?
Median Sold Price
$225,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,100(+12.6%)
Key Takeaway
Homes in Paulsboro have sold for 12.6% more than they did a year ago.
Summary: The median home sold price in Paulsboro was $225,000 in November 2024, up 12.6% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $84.9K | - | N/A |
| 2 Bedrooms | $199.9K | $175K | -12.5% |
| 3 Bedrooms | $199.2K | $225K | +12.9% |
| 4 Bedrooms | $215K | $265K | +23.3% |
| 5+ Bedrooms | $175K | $211.5K | +20.9% |
Summary: Paulsboro housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 23.3%, and 5+ bedroom homes increased by 20.9%.
Median Sold Price Compared To Nearby Cities
| Gibbstown | $263K | $305K | +16.0% |
| Greenwich Township | $261K | $300K | +14.9% |
| Thorofare | $300.5K | $338.7K | +12.7% |
| Paulsboro | $199.9K | $225K | +12.6% |
| Clarksboro | $387K | $399.5K | +3.2% |
Housing Supply in Paulsboro, NJ
How many homes are available in Paulsboro, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 32 | +6.7% |
Summary: The Paulsboro real estate market had 32 homes for sale in November 2024, a 6.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Paulsboro housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 5 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Paulsboro, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Paulsboro in November 2024, down by 50.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 76 Days | +147.1% |
Summary: Homes in Paulsboro had an average of 76 days on market in Nov 2024, up by 147.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Paulsboro are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Paulsboro; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
