Phillipsburg, NJ Foreclosures
Current Market Conditions in in Phillipsburg, NJ As of March 2026?
Over the past month, Phillipsburg has seen a slight uptick in home sales activity. Sellers are becoming more optimistic as listings increase, but demand continues to outpace supply. As a result, properties are moving quickly off the market, often before open houses can be held. Some buyers are feeling pressure due to the ongoing competition, leading to bidding wars for desirable homes.
How much do homes sell for in Phillipsburg, NJ?
The average home price is currently $358,666.
In Phillipsburg, NJ, how many homes are available?
There are currently 329 active home listings available in Phillipsburg.
What’s the average rental cost in Phillipsburg, NJ?
The average rental price in Phillipsburg is $1,840.
What is the most expensive home in Phillipsburg?
The most expensive home sold in Phillipsburg had a price of $142,677,360.
What is currently the cheapest priced home in Phillipsburg, NJ?
The cheapest home for sale in Phillipsburg is priced at $12,830.
Living in Phillipsburg, NJ
Phillipsburg, NJ, is a quaint town along the Delaware River with a welcoming community atmosphere and rich history. Its vibrant downtown area, complete with shops and restaurants, fosters a sense of community and local pride. With ample outdoor activities and convenient access to transportation, Phillipsburg is an attractive place to live for families and young professionals alike.
Buyer vs Seller Market in Phillipsburg, NJ
The Phillipsburg real estate market has shown resilience, with a steady increase in home prices over the past year, partly due to its appealing location and growing community amenities. The median home price has risen slightly, reflecting demand among buyers looking for affordable options just outside of urban centers.
In recent months, buyer activity has remained strong, although inventory levels have been lower, resulting in competitive market conditions. Homes are being sold quickly, often above asking price, particularly for properties that have been updated or are in prime locations.
Home Value Estimator For Phillipsburg, NJ
There are currently 10,131 real estate properties
in Phillipsburg, NJ,
with a median automated valuation model (AVM) price
of $298,969.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Phillipsburg, 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 Phillipsburg, NJ,
is $358,666.00, with the most expensive house
in Phillipsburg, NJ, topping out
at $142,677,360.00 and the cheapest home
in Phillipsburg, NJ,
clocking in at $12,830.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Phillipsburg, NJ!
Rent Prices
In Phillipsburg, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Phillipsburg, NJ, is on
a rollercoaster ride. The
average rent price in Phillipsburg, NJ,
is $1,840.00. Indeed, when looking to rent in
Phillipsburg, NJ, you can expect to pay as little
as $1,090.00 or as much
as $3,260.00,
with the average rent median estimated to
be $1,820.00. The good news is that finding
an affordable and desirable property to rent in Phillipsburg, 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.
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