Market Overview
Home Prices in Pennsauken, NJ
The median home value in Pennsauken, NJ is $318,414 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.7% compared to a year ago and up 6.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Pennsauken are priced22% below average. Pennsauken is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro area.
Over the past five years, Pennsauken home values have risen by approximately54.0%, reflecting strong long-term appreciation in this market.
Price History
Pennsauken Home Price Trend
City Comparison
Pennsauken vs. National Median
At $318,414, homes in Pennsauken cost 22% below the national median of $410,000. This makes Pennsauken a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Pennsauken?
20% Down Payment
$63,683
on $318,414
Monthly P&I
$1,661/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,109/mo
incl. taxes & insurance
Income Needed
$84,360
gross annual (30% rule)
10% Down Option
$31,841
+ PMI applies
Loan Amount (20% dn)
$254,731
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Pennsauken, NJ?
The median home value in Pennsauken is $318,414 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.7% year-over-year.
How much have home prices changed in Pennsauken?
Over the past year, home values in Pennsauken have increased by 6.7%. Over five years, prices have risen approximately 54.0%.
How much do I need to earn to buy a home in Pennsauken?
To comfortably afford the median home price of $318,414 with a 20% down payment ($63,683) at today's rates (6.8%), you'd need a gross annual income of approximately $84,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Pennsauken compare to the national average home price?
The national median home value is approximately $410,000. At $318,414, homes in Pennsauken are 22% below the national average.
What metro area is Pennsauken part of?
Pennsauken is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area. Home prices and market conditions can vary across the broader metro region.