$2,256 Closing Credit*
$189,999
896 SqFt
3 Beds
•1 Full Bath
Erica A Cosgrove, Listing Office: Innovate Realty
Is Paulsboro, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Paulsboro was a Buyer's Market.
Key Takeaway
Paulsboro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Paulsboro, NJ
How much do homes in Paulsboro, NJ cost?
Median Sold Price
$225,000
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$26,500(+13.4%)
Key Takeaway
Homes in Paulsboro have sold for 13.4% more than they did a year ago.
Summary: The median home sold price in Paulsboro was $225,000 in October 2024, up 13.4% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $84.9K | - | N/A |
| 2 Bedrooms | $199.9K | $190K | -5.0% |
| 3 Bedrooms | $191.4K | $225K | +17.6% |
| 4 Bedrooms | $220K | $250K | +13.6% |
| 5+ Bedrooms | $175K | $211.5K | +20.9% |
Summary: Paulsboro housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 20.9%.
Median Sold Price Compared To Nearby Cities
| Thorofare | $295K | $342.5K | +16.1% |
| Greenwich Township | $260K | $300K | +15.4% |
| Gibbstown | $262.5K | $302.5K | +15.2% |
| Paulsboro | $198.5K | $225K | +13.4% |
| Clarksboro | $385K | $425K | +10.4% |
Housing Supply in Paulsboro, NJ
How many homes are available in Paulsboro, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 30 | +3.4% |
Summary: The Paulsboro real estate market had 30 homes for sale in October 2024, a 3.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 14 | 16 | +14.3% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Paulsboro housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 9 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Paulsboro, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Paulsboro in October 2024, up by 200.0% month-over-month. Of the 9 sold homes, 11% were sold under asking, 33% were sold at asking, and 56% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 34 Days | +142.9% |
Summary: Homes in Paulsboro had an average of 34 days on market in Oct 2024, up by 142.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 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 October 2024, 9 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.
