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Merchantville, NJ 08109 Real Estate & Property Data

Merchantville, NJ 08109 Real Estate Market Trends

Last Updated: April 28, 2024

A total of 326 residential properties have been sold over the past 12 months in 08109. With a median sales price of $250,000 in 08109 and a total of 3 foreclosures in Merchantville, NJ 08109. Discover market trends and get the granular level real estate data for Merchantville, NJ 08109 to keep your pulse on the housing market. Curate compelling home reports for Merchantville, NJ 08109 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Merchantville, NJ 08109 Real Estate Market Trends

Get property data for any address in Merchantville, NJ 08109 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 08109 Real Estate Overview

There were 326 residential properties sold in the past year in Merchantville, NJ 08109. The median home value in Merchantville, NJ 08109 is $292,100. There are a total of 7,005 residential properties in the 08109.

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 08109 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2
3

Merchantville, NJ 08109 Foreclosure Activity

There were a total of 3 Merchantville, NJ 08109 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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