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Merchantville, NJ Real Estate & Property Data

Merchantville Real Estate Market Trends

Last Updated: April 23, 2024

Accurate and comprehensive real estate data is critical for insight into Merchantville, NJ. ATTOM’s Merchantville real estate data is updated daily, and current market trends show that in Merchantville, NJ a total of 326 residential properties have sold over the past year. With a median home price of $250,000 in Merchantville and a total of 3 foreclosures. Get detailed property data for Merchantville, NJ instantly. ATTOM is your one-stop-shop for the Merchantville property reports and real estate data you need in Merchantville, NJ.

Merchantville Real Estate Market Trends

Get property data for any address in Merchantville, NJ or the country:

Total Residential Properties 7,005

Total Commercial Properties 363

Avg. Home Age (Single Family Home) 72 Years

Avg. Square Feet (Single Family Home) 1,651

Total 2024 Residential Sales (year-to-date) 44

% of Homes Seriously Underwater (Q2 2024) 0.63%

Total 2023 Residential Sales 302

% of Equity Rich Homes (Q2 2024) 48.52%

Effective 2023 Property Tax 2.28%

Total Foreclosure Filings (year-to-date) 11

Merchantville, NJ Real Estate Overview

There were 326 residential properties sold in the past year in Merchantville, NJ. The median home value in Merchantville, NJ is $292,100. There are a total of 7,005 residential properties in the Merchantville.

Median Sales Price i

$250,000

(Feb 2024)

-10.2%

year-over-year

y-o-y

February '24 Feb '24 $250,000
January '24 Jan '24 $317,500
December '23 Dec '23 $300,500
November '23 Nov '23 $295,000
October '23 Oct '23 $328,000
September '23 Sep '23 $289,000
August '23 Aug '23 $260,000
July '23 Jul '23 $310,000
June '23 Jun '23 $253,900
May '23 May '23 $301,000
April '23 Apr '23 $287,950
March '23 Mar '23 $272,500

Median Down Payment i

$18,250

(Feb 2024)

-32.4%

year-over-year

y-o-y

February '24 Feb '24 $18,250
January '24 Jan '24 $14,685
December '23 Dec '23 $58,200
November '23 Nov '23 $36,250
October '23 Oct '23 $52,000
September '23 Sep '23 $46,900
August '23 Aug '23 $35,375
July '23 Jul '23 $30,275
June '23 Jun '23 $7,390
May '23 May '23 $28,224
April '23 Apr '23 $21,000
March '23 Mar '23 $14,700

Number of Homes Sold i

19

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 19
January '24 Jan '24 25
December '23 Dec '23 14
November '23 Nov '23 33
October '23 Oct '23 22
September '23 Sep '23 31
August '23 Aug '23 26
July '23 Jul '23 34
June '23 Jun '23 22
May '23 May '23 31
April '23 Apr '23 22
March '23 Mar '23 28

Number of Purchase Loans i

16

(Feb 2024)

-11.1%

year-over-year

y-o-y

February '24 Feb '24 16
January '24 Jan '24 20
December '23 Dec '23 11
November '23 Nov '23 25
October '23 Oct '23 20
September '23 Sep '23 26
August '23 Aug '23 25
July '23 Jul '23 27
June '23 Jun '23 20
May '23 May '23 26
April '23 Apr '23 21
March '23 Mar '23 24

Number of REFI Loans i

17

(Feb 2024)

+13.3%

year-over-year

y-o-y

February '24 Feb '24 17
January '24 Jan '24 20
December '23 Dec '23 17
November '23 Nov '23 12
October '23 Oct '23 14
September '23 Sep '23 32
August '23 Aug '23 20
July '23 Jul '23 19
June '23 Jun '23 16
May '23 May '23 18
April '23 Apr '23 20
March '23 Mar '23 15

Number of HELOC Loans i

6

(Feb 2024)

+200%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 4
December '23 Dec '23 5
November '23 Nov '23 4
October '23 Oct '23 5
September '23 Sep '23 1
August '23 Aug '23 7
July '23 Jul '23 9
June '23 Jun '23 10
May '23 May '23 6
April '23 Apr '23 6
March '23 Mar '23 13

Merchantville, NJ Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

08109
$292,100 $176.96/sqft

Merchantville, NJ Foreclosure Activity

There were a total of 3 Merchantville, NJ properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

3

(Feb 2024)

-40%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 8
December '23 Dec '23 4
November '23 Nov '23 12
October '23 Oct '23 N/A
September '23 Sep '23 9
August '23 Aug '23 4
July '23 Jul '23 2
June '23 Jun '23 8
May '23 May '23 10
April '23 Apr '23 8
March '23 Mar '23 2

Foreclosure Starts i

1

(Feb 2024)

-50%

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 6
December '23 Dec '23 3
November '23 Nov '23 9
October '23 Oct '23 N/A
September '23 Sep '23 7
August '23 Aug '23 4
July '23 Jul '23 N/A
June '23 Jun '23 5
May '23 May '23 5
April '23 Apr '23 4
March '23 Mar '23 1

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 2
May '23 May '23 2
April '23 Apr '23 1
March '23 Mar '23 N/A

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