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Preforeclosure Homes in Deptford, NJ 08096

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Living in Deptford, NJ

Deptford, New Jersey is a vibrant suburban community known for its convenient access to major highways and a variety of shopping options. Families enjoy the area's reliable school system and abundant parks, making it a desirable place to raise children. With its close proximity to Philadelphia, Deptford provides both suburban tranquility and city accessibility.

Current Market Conditions in Deptford, NJ

The real estate market in Deptford, NJ has shown resilience and steady growth over the past few years. The township has become an attractive option for home buyers due to its affordability compared to nearby urban areas. Recent trends indicate an increase in demand, particularly for single-family homes, as families seek suburban living with convenient access to Philadelphia and other urban amenities.

Current inventory levels remain relatively low, creating competitive conditions for buyers. Properties in desirable neighborhoods tend to sell quickly, often receiving multiple offers, suggesting that investors and homeowners alike see value in the Deptford market.

Home Value Estimator For Deptford, NJ

There are currently 5,393 real estate properties in Deptford, NJ, with a median automated valuation model (AVM) price of $330,792.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Deptford, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Deptford, NJ, is $344,666.00, with the most expensive house in Deptford, NJ, topping out at $4,499,000.00 and the cheapest home in Deptford, NJ, clocking in at $34,793.00. In other words, there’s something for every potential homebuyer or savvy investor in Deptford, NJ!

Rent Prices In Deptford, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Deptford, NJ, is on a rollercoaster ride. The average rent price in Deptford, NJ, is $1,764.00. Indeed, when looking to rent in Deptford, NJ, you can expect to pay as little as $1,050.00 or as much as $3,550.00, with the average rent median estimated to be $1,720.00. The good news is that finding an affordable and desirable property to rent in Deptford, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Deptford, NJ 08096 Preforeclosure Homes


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