Demarest, NJ—07627
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Demarest, NJ
As of Oct '25, the median home price in Demarest, NJ is $1,385,000, with a year-over-year change of 6.2%. This indicates that home prices in Demarest, NJ are increasing. According to Zillow, the 1-year price projection is 3.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,385,000 | 6.3% |
| Single Family | $1,375,000 | 7.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | $1,323,000 | 10.0% |
| 5 Bed | $2,210,000 | 8.5% |
% of Housing Stock
Rental Trends — Demarest, NJ
As of July '25, Rentcast reports the average rent in Demarest, NJ is $5,590, with a year-over-year rent change of -5.3%. Per bedroom, the median rent as of July '25 in Demarest, NJ is 2-bedrooms: $3,690, 3-bedrooms: $4,600, 4-bedrooms: $6,910. The most common rental property sizes in Demarest, NJ are 4-bedroom and 3-bedroom, accounting for 34.3% and 28.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $5,450 | $5,590 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $3,400 | $3,690 |
| 3 Bed Rent | $4,300 | $4,600 |
| 4 Bed Rent | $6,500 | $6,910 |
% of Rental Stock
Property Listings — Demarest, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Demarest, NJ is 68. This is a decrease of -17.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,260,000 | -18.0% |
Listing Count | 29 | 93.0% |
| Listings as % of Homes | 0.5% | 93.0% |
Days on Market | 68 | -17.0% |
Demographics — Demarest, NJ
As of the latest ACS Survey released in 2023, Demarest, NJ has a population of 4,920, which has remained stable by -0.9% over the past 5 years. Demarest, NJ is a popular place for families, as children make up 26.4% of the population. The area has a highly educated workforce, with 74.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,920 | -0.9% |
% Under 18 | 26.4% | 2.3% |
% Seniors | 17.4% | 11.5% |
% WFH | 20.0% | 96.1% |
% w/ College Degree | 74.7% | 4.2% |
As of the latest ACS Survey released in 2023, Demarest, NJ is a predominantly white area, with 63.1% of the population identifying as white. The white population has grown by 7.3% in the last 5 years. The second most common race or ethnicity in Demarest, NJ is asian, making up 28.5% of the population. Foreign-born residents account for 32.5% of the population in Demarest, NJ, and this percentage has increased by 13.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 63.1% | 7.3% |
% Black | 0.4% | ∞% |
% Hispanic | 7.1% | 1.4% |
% Asian | 28.5% | -12.0% |
% Foreign Born | 32.5% | 13.6% |
Mortgage and Risk — Demarest, NJ
According to HUD data as of 2023, there were 76 mortgage originations in Demarest, NJ, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Demarest, NJ. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 76 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Demarest, NJ
Demarest, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,650 |
| 2 Bedroom | -$360 | $3,400 | $3,040 |
| 3 Bedroom | -$560 | $4,300 | $3,740 |
| 4 Bedroom | -$1,770 | $6,500 | $4,730 |
Affordability — Demarest, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.4 |
| Median Home Price | $1,385,000 |
| Median Household Income | $175,000 |