Foreclosure Homes in Pitman, NJ

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View this home at W Holly Ave Pitman NJ 08071
$144,900 EMV
W Holly Ave
Pitman, NJ 08071
EST. RENT: $1,241
AUCTION: 05-22-2024
View this home at Oakcrest Ave Pitman NJ 08071
$192,500 EMV
Oakcrest Ave
Pitman, NJ 08071
EST. RENT: $1,700
AUCTION: 06-05-2024
View this home at Alcyon Blvd Pitman NJ 08071
$189,600 EMV
Alcyon Blvd
Pitman, NJ 08071
EST. RENT: $1,600
AUCTION: 05-08-2024
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Pitman, NJ Foreclosures

How much do homes sell for in Pitman, NJ?
The average home price is currently $328,532.
In Pitman, NJ, how many homes are available?
There are currently 3,251 active home listings available in Pitman.
What’s the average rental cost in Pitman, NJ?
The average rental price in Pitman is $1,520.
What is the most expensive home in Pitman, New Jersey?
The most expensive home sold in Pitman had a price of $1,990,400.
What is currently the cheapest priced home in Pitman, NJ?
The cheapest home for sale in Pitman is priced at $41,900.

Home Value Estimator For Pitman, NJ

There are currently 3,251 real estate properties in Pitman, NJ, with a median automated valuation model (AVM) price of $324,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Pitman, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Pitman, NJ, is $328,532.00, with the most expensive house in Pitman, NJ, topping out at $1,990,400.00 and the cheapest home in Pitman, NJ, clocking in at $41,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Pitman, NJ!

Rent Prices In Pitman, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pitman, NJ, is on a rollercoaster ride. The average rent price in Pitman, NJ, is $1,520.00. Indeed, when looking to rent in Pitman, NJ, you can expect to pay as little as $860.00 or as much as $3,100.00, with the average rent median estimated to be $1,500.00. The good news is that finding an affordable and desirable property to rent in Pitman, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Pitman, NJ In 2024

Pitman is located in Gloucester, New Jersey, with an estimated municipal population of 8,741 residents. All of the best foreclosed homes for sale in Pitman are located in the following zip code areas on 08071. The estimated population per square kilometer (.62 miles) in Pitman is 1,521.

Cost Of Living In Pitman, NJ

So, about how much do homes cost in Pitman? The most recent median value of resident-owned homes in Pitman is 186,317. An estimated 72.3 percent of households in Pitman own their homes, with an average family size of 3.36. The median household income in Pitman is 75,909, with36.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Pitman, the median commute time of resident workers (in minutes) is 30.8. And last, but certainly not least, are you looking for homes to rent in Pitman? If so, the average rent price paid by renters in Pitman is 1,204, according to recent statistics.

Diversity And Demographics In Pitman, New Jersey

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Pitman, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Pitman is 42, split between 46.7 percent male versus 53.3 female. The percentage of residents who report being married in Pitman is 47.7, with an average family size of 3.36.

The percentage of residents who report their race in Pitman is as follows:

White 92.1%
Black / African American 3.5%
Asian 1%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.1%
Other 0%

Looking for family-friendly neighborhoods in and/or near Pitman? Or maybe you are searching for 55+ active adult communities in and/or near Pitman?

The percentage of residents who report their age in Pitman is as follows:

Under 10 9.9%
Aged 10-19 13.7%
20s 13.6%
30s 9.3%
40s 12.2%
50s 14.8%
60s 12.9%
70s 7.7%
80+ 5.9%

Best Schools In Pitman, New Jersey

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Pitman with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Pitman.

Pros And Cons Of Living In Pitman, New Jersey

How do you know that living in -- or moving to -- Pitman is right where you need to be? Perhaps you grew up in Pitman or already live nearby; therefore, the decision to buy a home in Pitman is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Pitman for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Pitman:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Pitman.

Reasons To Move To Pitman, New Jersey, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Pitman can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Pitman, meanwhile, can field multiple offers from more qualified buyers.

Pitman, NJ Foreclosures


Listing types in Pitman, NJ

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