The Gloucester County real estate market in New Jersey showed solid performance during May 2025, with communities like Washington Township, Deptford, and Mantua Township maintaining strong buyer interest. The market demonstrated resilience with steady sales activity and continued price appreciation.
View Full Gloucester County Market Report (PDF)
What May Meant for Buyers in Gloucester County
Gloucester County attracted consistent buyer activity in May 2025, with 322 homes sold compared to 329 in the previous year, representing a modest 2.1% decline. Popular areas like Woodbury, Monroe Township, and Pitman continued to draw buyers seeking suburban communities with easy access to Philadelphia. The median sales price increased to $365,000, up 7.4% from May 2024, reflecting strong demand across the county.
Properties moved quickly, averaging just 14 days on market, slightly up from 13 days last year. Competition remained robust, particularly in desirable neighborhoods like Sewell and Turnersville, where 51.6% of homes closed over list price. This represented a decrease from the 60.2% recorded in May 2024, suggesting buyers gained slightly more negotiating power.
Seller Highlights from May in Gloucester County
Sellers navigated a market with reduced new inventory as 374 properties came to market, down 22.4% from May 2024. This inventory constraint particularly benefited sellers in townships like West Deptford and Harrison Township. Active inventory averaged 614 homes, up 9.6% from last year, providing buyers with more options while still maintaining seller leverage.
Well-positioned properties found success across communities like Glassboro and Clayton, with 23.6% of homes closing exactly at list price, up from 17.9% the previous year. Sellers who priced competitively and prepared their homes well continued to attract multiple offers, especially in family-friendly areas like Mickleton and Mullica Hill.
Key Takeaways:
- Median sales price rose 7.4% to $365,000, showing solid appreciation despite slight sales decline
- Homes averaged 14 days on market, maintaining fast-paced sales activity
- New listings dropped 22.4%, creating continued inventory challenges for buyers
Related Market Reports:
Compare Gloucester County’s performance with other South Jersey markets:
- Burlington County Market Recap for May 2025
- Camden County Market Recap for May 2025
- Cumberland County Market Recap for May 2025
- Salem County Market Recap for May 2025
See how the market has evolved: Gloucester County Market Recap for April 2025
