Housing Market Trends

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Merchantville, NJ is a great place to buy a home. Homes sold within the month of December 2022 and show a median list price of $315K and sales price of $321K. Last year at this time the median list price was $195K and

sales price was $205K. The statistics below provide an up-to-date snapshot of the listed inventory as of January 6, 2023. There are currently 5 homes for sale in town with a median list price of $339K and three homes under contract ranging in price from $304K to $450K. These statistics highlight key market indicators for Merchantville, New Jersey with median days on market a good indicator of the average length of time the current inventory has been on the market. The high price, low price, and median price provide context for the prices buyers and sellers can expect to encounter in this area.