Penns Grove, NJ housing market
The typical Penns Grove home is worth about $202,000, about the same as a year ago, 65% below the New Jersey typical home.
Home values, sales, trends and how Penns Grove compares with the towns next door — updated as new data is published.
Penns Grove at a glance
Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Penns Grove | New Jersey |
|---|---|---|
| 2017 | $65,000 | $317,000 |
| 2018 | $76,000 | $330,000 |
| 2019 | $68,000 | $343,000 |
| 2020 | $77,000 | $358,000 |
| 2021 | $96,000 | $394,000 |
| 2022 | $134,000 | $441,000 |
| 2023 | $156,000 | $471,000 |
| 2024 | $183,000 | $511,000 |
| 2025 | $199,000 | $551,000 |
| 2026 | $201,000 | $568,000 |
| August 2026 | $202,000 | $580,000 |
Penns Grove and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Penns Grove | $202K | +0.1% | — | $45,781 |
| Wilmington | $330K | +1.5% | 45 | $58,671 |
| Carneys Point | $272K | +4.6% | 54 | $79,245 |
4.4 years of income
The typical Penns Grove home costs about 4.4 years of the town's median household income, less than across New Jersey (5.6 years).
How Penns Grove ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.