Foreclosure Homes in Glassboro, NJ

Current Market Conditions in Glassboro, NJ

The real estate market in Glassboro is currently experiencing a positive trend, with increasing home prices driven by demand from families and university faculty. The growth of Rowan University has attracted a steady influx of students and employees seeking housing, leading to a competitive market for rentals and home purchases alike.

Home sales have shown a steady increase year-over-year, with many homes receiving multiple offers shortly after being listed. This trend is contributing to a seller's market, making it a great time for homeowners looking to sell.

However, the market is also seeing new developments, with several builders investing in residential properties to meet the growing demand. As a result, there is a healthy mix of established homes and new construction available for buyers.

Rent Prices In Glassboro, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Glassboro, NJ, is on a rollercoaster ride. The average rent price in Glassboro, NJ, is $1,840.00. Indeed, when looking to rent in Glassboro, NJ, you can expect to pay as little as $900.00 or as much as $3,120.00, with the average rent median estimated to be $1,800.00. The good news is that finding an affordable and desirable property to rent in Glassboro, 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.