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Foreclosure Homes in Merchantville, NJ

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Merchantville, NJ Foreclosures

How much do homes sell for in Merchantville, NJ?
The average home price is currently $406,012.
In Merchantville, NJ, how many homes are available?
There are currently 507 active home listings available in Merchantville.
What’s the average rental cost in Merchantville, NJ?
The average rental price in Merchantville is $1,496.
What is the most expensive home in Merchantville?
The most expensive home sold in Merchantville had a price of $7,193,859.
What is currently the cheapest priced home in Merchantville, NJ?
The cheapest home for sale in Merchantville is priced at $20,230.

Living in Merchantville, NJ

Merchantville, NJ, is a picturesque borough with a rich history and a strong sense of community. It features a variety of amenities, including local shops, parks, and excellent schools, making it an ideal place for families and professionals. Its close proximity to Philadelphia enhances its appeal as a suburban retreat with urban conveniences.

Current Market Conditions in Merchantville, NJ

The Merchantville real estate market has seen moderate activity over the past year, with home prices steadily increasing as demand grows in this desirable area. The charm of Merchantville and its convenience to Philadelphia have attracted many buyers looking for a suburban lifestyle.

Currently, the market is competitive, with homes often selling quickly. Many buyers are looking for homes that offer a good balance of location, space, and amenities. Real estate agents report that there is a particular interest in historic homes that reflect the town's character.

Home Value Estimator For Merchantville, NJ

There are currently 1,234 real estate properties in Merchantville, NJ, with a median automated valuation model (AVM) price of $368,307.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Merchantville, 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 Merchantville, NJ, is $406,012.00, with the most expensive house in Merchantville, NJ, topping out at $7,193,859.00 and the cheapest home in Merchantville, NJ, clocking in at $20,230.00. In other words, there’s something for every potential homebuyer or savvy investor in Merchantville, NJ!

Rent Prices In Merchantville, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Merchantville, NJ, is on a rollercoaster ride. The average rent price in Merchantville, NJ, is $1,496.00. Indeed, when looking to rent in Merchantville, NJ, you can expect to pay as little as $770.00 or as much as $2,900.00, with the average rent median estimated to be $1,500.00. The good news is that finding an affordable and desirable property to rent in Merchantville, 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.

Merchantville, NJ Foreclosures


Market Trend for Merchantville, NJ

Total Listings Available: 507

Market Values:

Home Prices from $20,230 to $7,193,859

Average Sales Price: $406,012

Rental Values:

Rental from $770 to $2,900

Average Rent Value: $1,496 / month

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