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Advertise here →Penns Grove, NJ · Houses & Market Data
Penns Grove, New Jersey houses and real estate market data.
Houses in Penns Grove, NJ (Salem County) — Census median home value $170,100, county listing prices down about 6.8% over the past year. Market data for Penns Grove houses and the broader area.
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Penns Grove, NJ is in Salem County, New Jersey — this guide covers houses in Penns Grove and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 4,860, with a median household income of $43,889. Census data puts Penns Grove houses at a median value of $170,100 (all owner-occupied homes); Salem County's current median listing price runs $275,000, down about 6.8% over the past year.
Info from government sites and builders may have provided source info.
Market overview
Penns Grove housing market
Penns Grove is in Salem County, New Jersey. Manifest Census and county price-trend data provide baseline context for houses in Penns Grove and the surrounding county market.
Median home value (Census ACS)
$170,100
Population (Census ACS)
4,860
Median household income
$43,889
County price trend (2025)
4.59% YoY
Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.
At a glance
Penns Grove market snapshot
Population
4,860
County
Salem County
Median Household Income
$43,889
Median Home Value (city)
$170,100
Median Listing Price (Salem County)
$275,000
Median Gross Rent
$1,031/mo
Price Trend (YoY)
-6.8%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About
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What makes Penns Grove different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Penns Grove's median home value — across all owner-occupied homes, not just recent sales — at $170,100. Separately, Salem County's current median listing price (via Realtor.com data, 2026-06-01) runs $275,000. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Salem County's FHFA house price index shows a 4.59% annual change in 2025.
Population & Income
Penns Grove has an estimated population of 4,860 and a median household income of $43,889, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Penns Grove's Census-reported median home value works out to about 3.9x the area's median household income, and median gross rent runs roughly 28% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
Nearby
Places around Penns Grove
County guide: Salem County — cities, market context, and local resources for the county that includes Penns Grove.
USAHouses.com also helps visitors looking in nearby Salem County and other New Jersey communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.
Nearby communities include Carneys Point, Pedricktown, Pennsville, Auburn, Woodstown, Salem, Quinton, Alloway, Hancocks Bridge, Elmer, Olivet.
Carneys Point market data
Nearby city · ~1.6 mi
Pedricktown market data
Nearby city · ~4.2 mi
Pennsville market data
Nearby city · ~5.7 mi
Auburn market data
Nearby city · ~6.6 mi
Woodstown market data
Nearby city · ~9.3 mi
Salem market data
Nearby city · ~11.0 mi
Quinton market data
Nearby city · ~12.8 mi
Alloway market data
Nearby city · ~13.2 mi
Hancocks Bridge market data
Nearby city · ~15.4 mi
Elmer market data
Nearby city · ~18.2 mi
Olivet market data
Nearby city · ~20.4 mi
More New Jersey cities with market guides: Newark, Jersey City, Paterson, Elizabeth, Toms River, Trenton, Clifton, Camden.
Newark market data
Same-state city guide
Jersey City market data
Same-state city guide
Paterson market data
Same-state city guide
Elizabeth market data
Same-state city guide
Toms River market data
Same-state city guide
Trenton market data
Same-state city guide
Clifton market data
Same-state city guide
Camden market data
Same-state city guide
Adjacent-county Census places with USAHouses.com pages: Beckett (~6.1 mi), Bridgeport (~8.2 mi), Swedesboro (~8.5 mi), Harrisonville (~10.6 mi), Gibbstown (~12.1 mi), Mickleton (~12.6 mi), Mullica Hill (~13.8 mi), Paulsboro (~14.4 mi), Mount Royal (~14.7 mi), Richwood (~15.8 mi), Thorofare (~16.8 mi), Oak Valley (~17.3 mi), Sewell (~17.5 mi), Wenonah (~17.6 mi), National Park (~17.9 mi), Woodbury Heights (~17.9 mi).
New construction: New homes near Penns Grove (Newark) · New Jersey new construction.
Census & home facts
Penns Grove data from published sources
Population (ACS 2023)
4,860
Median home value (ACS 2023)
$170,100
Median household income (ACS 2023)
$43,889
Median gross rent (ACS 2023)
$1,031
County FHFA annual change (2025)
4.59%
County median listing price (FRED/Realtor.com) (2026-06-01)
$275,000
Census place type
borough
County
Salem County
Land area (Census Gazetteer 2024)
0.89 sq mi
Census GEOID
3457750
Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.
NewUSAHouses.com communities
Closest verified new-home communities near Penns Grove
Availability and pricing are controlled by the builder and may change; confirm with the builder.
White Oaks Community Llc ↗
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Common questions
Penns Grove FAQ
What are houses worth in Penns Grove, NJ?
The Census Bureau's American Community Survey puts the median value of houses in Penns Grove at $170,100. Salem County's current median listing price runs $275,000, down about 6.8% over the past year.
How much do houses cost in Penns Grove, NJ?
For owner-occupied houses in Penns Grove, Census ACS data shows a median value of $170,100. Active listing prices in Salem County may differ — see the market snapshot above.
What types of houses are in Penns Grove, NJ?
Penns Grove houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Salem County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.
What is the population of Penns Grove, NJ?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Penns Grove's population at approximately 4,860.
What's the median rent in Penns Grove, NJ?
The Census ACS estimates median gross rent in Penns Grove at approximately $1,031 per month.
What is the median household income in Penns Grove, NJ?
Census ACS data puts the median household income in Penns Grove at approximately $43,889.
Is the Penns Grove housing market growing?
Salem County's FHFA house price index shows a 4.59% annual change in 2025.
Is Penns Grove, NJ affordable relative to income?
Census ACS data puts Penns Grove's median home value at about 3.9 times the median household income, with median gross rent equal to roughly 28% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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