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PENNS GROVE, NJ 08069

Real Estate Market Report  ·  Salem County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
72
⇧ 60% vs 45 last year
Pending
27
38% pending ratio
Median Price
$259,000
⇧ 15.8% vs $223,700 last year
Average Price
$283,372
⇧ 6.2% vs $266,756 last year
Days on Market
76
⇧ 22.6% vs 62 days last year

Market Context

Population: 13,402  ·  Density: 324.7/mi²  ·  Median household income: $62,911

Typical home value: $163,208  ·  Homeownership: 56.2%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The PENNS GROVE, NJ real estate market (08069) currently shows 72 active listings, with 27 pending sales. Homes are averaging 76 days on the market before going under contract.

Inventory has increased compared to last year, with 27 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 76 days on market compared to 62 days last year.

The median listing price has risen 15.8% year-over-year, from $223,700 to $259,000.

Whether you are buying or selling in PENNS GROVE, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 72 this year vs 45 last year
  • Days on market: 76 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $259,000 (+15.8% YoY)
  • Average: $283,372 (+6.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.4 miles — 546 listings ($259,584,045 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
08069Penns Grove, NJ 080690.0 mi72$20,402,784$259,000$283,372
08067Pedricktown, NJ 080673.2 mi6$1,808,280$315,000$301,380
19801Wilmington, DE 198015.4 mi65$16,192,280$211,495$249,112
08070Pennsville, NJ 080706.2 mi61$19,903,019$299,000$326,279
19806Wilmington, DE 198067.3 mi41$17,952,670$402,475$437,870
08098Woodstown, NJ 080987.7 mi24$10,448,040$369,900$435,335
19803Wilmington, DE 198038.3 mi42$73,576,020$579,750$1,751,810
19061Marcus Hook, PA 190618.7 mi49$14,200,200$224,950$289,800
19720New Castle, DE 197209.2 mi86$30,119,608$319,000$350,228
19060Garnet Valley, PA 1906010.5 mi19$14,193,950$617,000$747,050
19807Wilmington, DE 1980710.9 mi15$23,519,250$1,387,500$1,567,950
08079Salem, NJ 0807911.0 mi58$13,524,208$189,000$233,176
08001Alloway, NJ 0800111.4 mi8$3,743,736$299,900$467,967

Frequently Asked Questions

How many homes are for sale in PENNS GROVE, NJ 08069?

As of January 2026, there are 72 active listings in PENNS GROVE, NJ (zip code 08069), compared to 45 the prior year.

What is the median home price in PENNS GROVE, NJ 08069?

The median listing price in PENNS GROVE, NJ 08069 is $259,000 as of January 2026, a 15.8% increase from $223,700 the prior year.

How long do homes stay on the market in PENNS GROVE, NJ?

Homes in PENNS GROVE, NJ 08069 spend an average of 76 days on the market before going under contract, compared to 62 days the prior year.

Is it a seller's or buyer's market in PENNS GROVE, NJ 08069?

Based on current inventory and days-on-market data as of January 2026, PENNS GROVE, NJ 08069 is currently a Buyer's Market. Inventory has increased compared to last year, with 27 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 76 days on market compared to 62 days last year.

How much can I save on real estate commission in PENNS GROVE, NJ?

With SELL123.com's maximum 3% commission, sellers in PENNS GROVE, NJ 08069 save an estimated $5,180 compared to a typical 5% commission on the median listing price of $259,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.