$2,256 Closing Credit*
$190,000
1,312 SqFt
3 Beds
•1 Full Bath
Kelli L Ewing, Listing Office: Coldwell Banker Realty
Is Paulsboro, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Paulsboro has remained a Seller'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
$210,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$20,000(+10.5%)
Key Takeaway
Homes in Paulsboro have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in Paulsboro was $210,000 in August 2024, up 10.5% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $84.9K | - | N/A |
| 2 Bedrooms | $160K | $190K | +18.8% |
| 3 Bedrooms | $188K | $210K | +11.7% |
| 4 Bedrooms | $219.9K | $239K | +8.7% |
| 5+ Bedrooms | $175K | $247K | +41.1% |
Summary: Paulsboro housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 41.1%.
Median Sold Price Compared To Nearby Cities
| Thorofare | $272.5K | $330K | +21.1% |
| Greenwich Township | $255K | $300K | +17.6% |
| Gibbstown | $255.5K | $300K | +17.4% |
| Paulsboro | $190K | $210K | +10.5% |
Housing Supply in Paulsboro, NJ
How many homes are available in Paulsboro, NJ?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 24 | 26 | +8.3% |
Summary: The Paulsboro real estate market had 26 homes for sale in August 2024, a 8.3% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Paulsboro housing inventory by bedroom type for August 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 10%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Paulsboro, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Paulsboro in August 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 24 Days | 30 Days | +24.1% |
Summary: Homes in Paulsboro had an average of 30 days on market in Aug 2024, up by 24.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 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 August 2024, 5 homes were sold in Paulsboro; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
