#NJSA2013130, Joseph E. Venello Jr., Listing office: American Dream Realty of South Jersey
Penns Grove Housing Market Report May 2025•Salem County, New Jersey
Housing Prices in Penns Grove, NJ
How much do homes in Penns Grove, NJ cost?
Median List Price
Based on all homes listed in May 2025
The list price of homes in Penns Grove has remained the same since April.
Summary: The median home list price in Penns Grove was $250,000 in May 2025, the same as the previous month, and the median price per square foot was $179.
Median List Price By Cities
City | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
Carneys Point Township | $300K | $330K | +10.0% |
Wilmington | $275K | $294.9K | +7.3% |
Penns Grove | $250K | $250K | 0.0% |
Median List Price By Bedrooms
Beds | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
11 Bedroom | $74.9K | $112K | +49.3% |
22 Bedrooms | $180K | $182.4K | +1.4% |
33 Bedrooms | $265K | $265K | 0.0% |
44 Bedrooms | $289K | $349.5K | +20.9% |
55+ Bedrooms | $250K | $369K | +47.6% |
Summary: Penns Grove housing price by bedroom type for May 2025, compared to the previous month. The home price for 1 bedroom homes increased by +49.3%. The home price for 2 bedroom homes increased by +1.4%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes increased by +20.9%. The home price for 5 bedroom homes increased by +47.6%.
How does Penns Grove, NJ compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Penns Grove, NJ
Housing supply in Penns Grove, NJ
How many homes are available in Penns Grove, NJ?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
56Last MonthMay 2025 | ||
352 months agoApr 2025 | +60.0 % Change MoMApr – May |
Summary: The Penns Grove real estate market had 56 homes for sale in May 2025, a 60.0 % increase compared to Apr 2025.
Homes For Sale By Bedroom Count
Beds | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 3 | +200.0% |
22 Bedrooms | 3 | 6 | +100.0% |
33 Bedrooms | 19 | 26 | +36.8% |
44 Bedrooms | 9 | 16 | +77.8% |
55+ Bedrooms | 3 | 5 | +66.7% |
Summary: Penns Grove housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +200.0%. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +36.8%. The inventory for 4 bedroom homes increased by +77.8%. The inventory for 5 bedroom homes increased by +66.7%.
Days on Market for Penns Grove, NJ
How long does it take to sell a home in Penns Grove, NJ?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Most homes in Penns Grove are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2025, 1 homes were sold in Penns Grove; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Listing Age
Last Month | 1 month ago | Change MoM |
---|---|---|
63 DaysLast MonthMay 2025 | ||
79 Days1 month agoApr 2025 | -19.6 % Change MoMApr – May |
Summary: Homes in Penns Grove had an average listing age of 63 days in May 2025, down by 19.6% compared to the previous month.
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Newest Listings in Penns Grove, NJ
What homes are available in Penns Grove, NJ?
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MLS Disclaimers and Copyright
Based on information from BrightMLS, South Jersey Shore Regional MLS, and Garden State MLS for the period 04/01/2025 - 06/01/2025

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/27/2025, 5:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/27/2025, 5:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.
Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/27/2025, 1:55:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.