Home prices
The median home in Penns Grove is valued at $127,000. It is roughly $52,080 (29%) lower in comparison to its nearby areas.Compared to the United States as a whole it is approximately $90,500 (41%) lower, and compared to the city of Philadelphia is approximately $36,000 (22%) lower.
Rents
Penns Grove's median monthly rent is $1,028. It is roughly $43 (3%) lower in comparison to nearby areas.In comparison to the entire country it is about $34 (3%) lower, and it is roughly $14 (1%) lower in comparison to the city of Philadelphia.
Nearby places
Carneys Point
Carneys Point is Penns Grove's neighbor to the south. Real estate prices there are a little more expensive. Carneys Point's median home value is $144,200, which works out to $17,200 (11%) higher than Penns Grove. The rent there is a little less expensive. In Carneys Point the median rent is $962 a month, which comes out to $66 (6%) lower than Penns Grove.
Edgemoor
Edgemoor is about 2 miles northwest from Penns Grove. Its real estate prices are a bit more expensive. The median home price in Edgemoor is $184,700, which is $57,700 (31%) higher than Penns Grove. The rent there is somewhat more expensive. The median monthly rent in Edgemoor is $1,110, which comes out to $82 (7%) higher than Penns Grove.
Bellefonte
Bellefonte is about 2 miles northwest from Penns Grove. Its housing prices are significantly more expensive. The median home in Bellefonte is valued at $226,300, which comes out to $99,300 (43%) higher than Penns Grove. Rents there are pretty similar. In Bellefonte the median rent is $1,078 a month, which works out to $50 (4%) higher than Penns Grove.
Wilmington
Wilmington is about 3 miles west of Penns Grove. Housing prices there are a bit more expensive. Wilmington's median home price is $168,000, which works out to $41,000 (24%) higher than Penns Grove. The rent there is similar. Wilmington's median rent is $1,001 per month, which is $27 (2%) lower than Penns Grove.
Pedricktown
Pedricktown is about 3 miles northeast from Penns Grove. Its housing prices are a little more expensive. The median home in Pedricktown is valued at $172,200, which comes out to $45,200 (26%) higher than Penns Grove. Its rents are a little more expensive. The median rent in Pedricktown is $1,202 a month, which is $174 (14%) higher than Penns Grove.