Cumberland County, NJ Home Values & Market Trends
The median home price in Cumberland County, NJ is $229,790.14. There were 2,078 home sales in Cumberland County, NJ over the past 12 months. The median residential Cumberland County, NJ home value for transactions over the previous year is $159,841.357. The number of current listings in Cumberland County, NJ is 158, and the percentage of properties for sale is 158.00%. The county has 913 foreclosures, 18 bank owned properties, 71 headed for auction, and 158 properties for sale.
Cumberland County, NJ Real Estate Market Overview
City | Median Est. Value | City | Median Est. Value |
---|---|---|---|
Vineland | $ 249,100 $ 158/sqft | Cedarville | $ 41,080 $ 38/sqft |
Millville | $ 186,150 $ 119/sqft | Fortescue | $ -- $ -- |
Bridgeton | $ 213,100 $ 136/sqft | Dividing Creek | $ -- $ -- |
Newport | $ 264,550 $ 161/sqft | Delmont | $ -- $ -- |
Port Norris | $ -- $ -- | Heislerville | $ -- $ -- |
Leesburg | $ -- $ -- | Dorchester | $ -- $ -- |
Greenwich | $ 250,450 $ 136/sqft | Port Elizabeth | $ -- $ -- |
Mauricetown | $ -- $ -- | Rosenhayn | $ -- $ -- |
Shiloh | $ 247,400 $ 127/sqft |
Housing Market Summary for Cumberland County, NJ
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $239.9K | $200.6K | -16.40% |
Median Sold Price | $190K | $200.6K | 5.55% |
Homes For Sale | 108 | 167 | 54.63% |
Homes Sold | 974 | 856 | -12.11% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Cumberland County, NJ
Browse Homes in Cumberland County, NJ
Cumberland County, NJ home values range from $28,540 to $474,000. Greenwich is the priciest city with a median listing home price of $410,000, and Cedarville is most affordable with average house prices of around $19,000.
- Pre-ForeclosurePre-foreclosure homes account for 1.95% of all residential properties in Cumberland County, NJ with Vineland containing 322 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 17 cities within Cumberland County, NJ; of those cities, the estimated home value for pre-foreclosure homes ranges from $517,900 in Shiloh to the lowest home value of $57,410 in Bridgeton.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Cumberland County, NJ ranges from the highest value of $280,800 in Vineland to the lowest value of $127,100 in Bridgeton. Bank owned homes and properties account for 0.04% of properties in Cumberland County, NJ. There are 17 cities within Cumberland County, NJ; Vineland containing 9 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsMillville has 24 auction properties, the highest number of properties going to auction in a single city in the state of Cumberland County, NJ. Auction homes and other auction properties account for 0.17% of all properties in Cumberland County, NJ. There are 17 cities within Cumberland County, NJ; of those cities, the median estimated home value for homes going to auction ranges from $407,900 in Newport to the lowest value of $85,630 in Newport.
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More Real Estate Resources for Cumberland County, NJ
Guide for Cumberland County, NJ
The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.
The Jersey City real estate market continues to show robust growth with prices rising to an average of $595,000 per property and $394 per square foot in February 2024.
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.