Is Pennsville, NJ 08070 a buyer’s or seller’s market?

The Pennsville housing market right now

In the three months ending August 31, 2026, 29% of homes in Pennsville, NJ 08070 sold above their list price, the typical home went under contract in 47 days and there were 3.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 54 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 43%, homes sold more slowly (30 days then) and the median sale price rose 3% to $296,872. Overall, Pennsville is less competitive than a year ago, which gives buyers more room.

Within Salem County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Pennsville ranks #379 of 444 NJ ZIP codes with enough sales (score 56 out of 100).

Nearby, buyers who want less competition could look at Quinton 08072 (0% sold over asking) or Alloway 08001 (0% sold over asking), while Monroeville 08343 (44% sold over asking) and Elmer 08318 (33% sold over asking) are even more competitive.