Foreclosure Homes in Gloucester City, NJ 08030

Current Market Conditions in Gloucester City, NJ

The real estate market in Gloucester City has seen steady growth over the past year as demand increases for affordable housing options close to Philadelphia. Current trends indicate that home prices are on the rise as buyers seek homes in this accessible location, making it an attractive place for both first-time buyers and investors. The local market is competitive, with limited inventory prompting quicker sales.

Rent Prices In Gloucester City, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gloucester City, NJ, is on a rollercoaster ride. The average rent price in Gloucester City, NJ, is $1,456.00. Indeed, when looking to rent in Gloucester City, NJ, you can expect to pay as little as $930.00 or as much as $2,110.00, with the average rent median estimated to be $1,390.00. The good news is that finding an affordable and desirable property to rent in Gloucester City, 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.