Housing in Penns Grove, NJ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$182,500
Median List Price
$250,000
Price Per Sq Ft
$217
Days on Market
227
Active Inventory
17
Months of Supply
8.5
Buyer's market
Zillow Home Value
$191,938
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
33.3%
Sale-to-List Ratio
100.0%
Seller's market
Market Activity
Source: RedfinHomes Sold
2
New Listings
3
Pending Sales
3
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$217
Median List $/SF
$172
Penns Grove vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Penns Grove is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$170,100
Median Rent
$1,031
Total Housing Units
1,838
Vacancy Rate
16.2%
Owner Occupied
38.2%
Renter Occupied
61.8%
Median Property Tax
$4,529
per year
Monthly Cost (w/ Mortgage)
$1,193
Housing Types
The current median sale price in Penns Grove, NJ is $182,500 according to Redfin data. Homes spend a median of 227 days on the market. 0.0% of homes sold above asking price. The market has 8.5 months of supply. The median price per square foot is $217. The median rent is $1,031 per month (Census ACS). About 38.2% of housing units are owner-occupied. The median year homes were built is 1956. There are 1,838 total housing units.