Explore Gibbsboro, NJ - Market Insights, Demographics, Crime, Trends & Hotspots

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Median Price
$480,000

Market Insights

Gibbsboro's real estate market is currently hot with low inventory and high demand. Home prices have increased 41.6% in the past month alone. At the current pace, all available homes in Gibbsboro would sell out in just 0.7 months, indicating a continued supply shortage. Transaction volume is up 50% compared to what's typically expected this time of year. A significant 50.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (66.7%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Gibbsboro market with the affordability index at 1261.5. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.

Demographics market for - Gibbsboro, NJ

Total Population -

2,264

White Population

81.80%

Black Population

1.28%

Mexican41.45% (4.28% of total population)
Puerto Rican35.04% (3.62% of total population)
Cuban2.99% (0.31% of total population)
Dominican4.27% (0.44% of total population)
Salvadoran6.41% (0.66% of total population)
Costa Rican0.85% (0.09% of total population)
Gautemalan0%
Honduran4.27% (0.44% of total population)
Nicaraguan3.85% (0.40% of total population)
Panamanian0%
Argentinean0%
Bolivian0%
Chilean0%
Colombian0.85% (0.09% of total population)
Ecuadorian0%
Peruvian0%
Uruguyan0%
Venezuelan0%

Indian 38.46% (3.98% of total population)
Bangladeshi 0%
Chinese 6.84% (0.71% of total population)
Bhutanese 0%
Burmese 0%
Filipino 18.38% (1.90% of total population)
Hmong 0%
Indonesian 0%
Japanese 0%
Korean 0%
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Thai 0%
Vietnamese 0%

Hawaiian0%
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Gibbsboro, NJ

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Real Estate Market Prediction for - Gibbsboro, NJ

City Hotspots
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