Short Answer
The median home price in South Jersey varies by county. In Burlington County, the median is approximately $380,000 to $420,000. In Camden County, the median is approximately $300,000 to $350,000. In Gloucester County, the median is approximately $320,000 to $360,000. These medians fluctuate monthly based on the mix of homes sold. Prices vary significantly by town within each county.
The median home price is the midpoint of all home sales, meaning half sold for more and half sold for less. It is a more accurate measure than the average because it is not skewed by a few very high or very low sales. In Burlington County, the median has been trending upward, driven by strong demand in desirable towns and limited supply. Moorestown has the highest median in the county, often above $600,000. Medford and Mount Laurel are in the middle range with medians around $450,000 to $550,000. More affordable towns have medians in the $250,000 to $350,000 range. In Camden County, Haddonfield has the highest median, often above $600,000, while Cherry Hill's median is around $400,000 to $500,000. The overall South Jersey median is pulled down by the more affordable towns and rural areas. The median price also varies by property type, with single-family homes having a higher median than condos and townhomes.
Bob's Advice
Redfin Senior Agent · AI Certified Agent
The median price is a useful benchmark, but it does not tell you what you will pay for a specific home in a specific town. I recommend focusing on the median for the towns you are actually interested in, not the county-wide number. Let me provide you with the specific data for the towns and price ranges you are considering.
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