Gloucester County real estate market in New Jersey showed resilient performance during April, with steady activity across communities like Washington Township, Deptford, and Monroe Township. The month brought balanced conditions as buyers and sellers adjusted to evolving market dynamics throughout this growing South Jersey region.
View Full Gloucester County Market Report (PDF)
What April Meant for Buyers in Gloucester County
Gloucester County recorded 281 closed sales in April, down 6.6% from the 301 transactions completed in April 2024. Buyers found homes taking slightly longer to sell, with the average days on market increasing to 14 days from 12 days the previous year. This modest uptick in marketing time suggested a more measured purchasing environment compared to the rapid pace of recent years.
Supply conditions showed mixed trends during April. New listings totaled 355 homes, representing a 25.7% decrease from April 2024’s 478 new properties. Despite fewer new options, active inventory averaged 602 homes throughout the month, up 13.3% year-over-year. This inventory growth provided buyers in areas like Mantua, Elk Township, and Harrison Township with improved selection, even as the pace of new listings slowed.
Seller Highlights from April in Gloucester County
Sellers in Gloucester County achieved positive results during April, with the median sales price reaching $341,000 – a solid 6.2% increase from April 2024’s median of $321,000. This steady price appreciation reflected continued buyer interest across the county’s diverse housing inventory and desirable suburban locations.
Market competition remained strong for appropriately priced homes, as 51.2% of properties sold above their listing price during April, compared to 50.8% the previous year. An additional 17.4% of homes sold exactly at their asking price, demonstrating that realistic pricing strategies continued to attract multiple offers. Communities like Woodbury, Sewell, and Glassboro each contributed to these competitive selling conditions throughout the month.
Key Takeaways:
- Median sales price rose 6.2% year-over-year to $341,000, showing consistent appreciation
- Active inventory increased 13.3% compared to last year, providing buyers more choices
- Just over half (51.2%) of homes sold above asking price, maintaining competitive dynamics
Related Market Reports:
Compare Gloucester County’s performance with other South Jersey markets:
- Burlington County Market Recap for April 2025
- Camden County Market Recap for April 2025
- Cumberland County Market Recap for April 2025
- Salem County Market Recap for April 2025
See how the market has evolved: Gloucester County Market Recap for March 2025
