Penns Grove borough: Median Home Value Trend
How Penns Grove borough's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$120,800
2023
$170,100
Total change
+$49,300
% change
+40.8%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $120,800 | — |
| 2019 | $127,000 | +$6,200 (5.1%) |
| 2020 | $129,900 | +$2,900 (2.3%) |
| 2021 | $124,700 | $5,200 (-4%) |
| 2022 | $143,400 | +$18,700 (15%) |
| 2023 | $170,100 | +$26,700 (18.6%) |