All Home Types
Penns Grove, NJ Housing Market
What is the housing market like in Penns Grove today?
In October 2024, Penns Grove home prices were up 57.9% compared to last year, selling for a median price of $199K. On average, homes in Penns Grove sell after 72 days on the market compared to 46 days last year. There were 4 homes sold in October this year, up from 3 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$199,000
+57.9% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Penns Grove, NJ
$199,000
+57.9%
United States
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Penns Grove Migration & Relocation Trends
In Sep '24 - Nov '24, 27% of Penns Grove homebuyers searched to move out of Penns Grove, while 73% looked to stay within the metropolitan area.
- Across the nation, 2% of homebuyers searched to move into Penns Grove from outside metros.
- New York homebuyers searched to move into Penns Grove more than any other metro followed by Los Angeles and St. Louis.
Where are people moving to Penns Grove from?
- 73% of Penns Grove homebuyers searched to stay within the Penns Grove metropolitan area.
- Washington was the most popular destination among Penns Grove homebuyers followed by Boston and Salisbury.
Where are people from Penns Grove moving to?
Number of People Moving to Penns Grove
least
most
People are moving to Penns Grove from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 4,074 | ||
| 2 | 416 | ||
| 3 | 319 | ||
| 4 | 120 | ||
| 5 | 58 | ||
| 6 | 45 | ||
| 7 | 45 | ||
| 8 | 17 | ||
| 9 | 15 | ||
| 10 | 13 | ||
People are leaving Penns Grove for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 2,327 | ||
| 2 | 1,911 | ||
| 3 | 1,482 | ||
| 4 | 1,241 | ||
| 5 | 1,135 | ||
| 6 | 643 | ||
| 7 | 507 | ||
| 8 | 441 | ||
| 9 | 381 | ||
| 10 | 304 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Penns Grove.
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