Lodi, NJ—07644
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lodi, NJ
As of Oct '25, the median home price in Lodi, NJ is $598,000, with a year-over-year change of 4.3%. This indicates that home prices in Lodi, NJ are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $598,000 | 4.3% |
| Single Family | $606,000 | 3.8% |
| Condos | $363,000 | 4.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $516,000 | 4.2% |
3 Bed | $607,000 | 3.9% |
4 Bed | $635,000 | 4.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lodi, NJ
As of July '25, Rentcast reports the average rent in Lodi, NJ is $2,430, with a year-over-year rent change of -0.4%. Per bedroom, the median rent as of July '25 in Lodi, NJ is 1-bedrooms: $1,750, 2-bedrooms: $2,320, 3-bedrooms: $3,080, 4-bedrooms: $4,090. The most common rental property sizes in Lodi, NJ are 1-bedroom and 2-bedroom, accounting for 39.4% and 38.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,430 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,780 | $1,750 |
| 2 Bed Rent | $2,280 | $2,320 |
| 3 Bed Rent | $3,100 | $3,080 |
| 4 Bed Rent | $3,800 | $4,090 |
% of Rental Stock
Property Listings — Lodi, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Lodi, NJ is 42. This is a increase of 74.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $692,000 | 27.0% |
Listing Count | 12 | 0.0% |
| Listings as % of Homes | 0.1% | 0.0% |
Days on Market | 42 | 74.0% |
Demographics — Lodi, NJ
As of the latest ACS Survey released in 2023, Lodi, NJ has a population of 25,900, which has increased by 5.9% over the past 5 years. Lodi, NJ is a moderately popular place for families, as children make up 22.2% of the population. The area has a moderately educated workforce, with 28.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,900 | 5.9% |
% Under 18 | 22.2% | 14.4% |
% Seniors | 14.0% | 0.0% |
% WFH | 7.7% | 670.0% |
% w/ College Degree | 28.2% | 14.6% |
As of the latest ACS Survey released in 2023, Lodi, NJ is a predominantly hispanic area, with 40.5% of the population identifying as hispanic. The hispanic population has grown by 11.6% in the last 5 years. The second most common race or ethnicity in Lodi, NJ is white, making up 39.4% of the population. Foreign-born residents account for 38.2% of the population in Lodi, NJ, and this percentage has decreased by 2.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 39.4% | -16.0% |
% Black | 9.6% | 28.0% |
% Hispanic | 40.5% | 11.6% |
% Asian | 8.1% | -21.4% |
% Foreign Born | 38.2% | -2.6% |
Mortgage and Risk — Lodi, NJ
According to HUD data as of 2023, there were 158 mortgage originations in Lodi, NJ, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Lodi, NJ. Investor activity is low, as 4.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 158 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Lodi, NJ
As of 2024, the percent of homes in Lodi, NJ under the Section 8 program is 10.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Lodi, NJ, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 763 |
Total Units Section 8 | 542 |
% Rentals under Section 8 | 10.1% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$70 | $1,780 | $1,710 |
| 2 Bedroom | -$320 | $2,280 | $1,960 |
| 3 Bedroom | -$690 | $3,100 | $2,410 |
| 4 Bedroom | -$750 | $3,800 | $3,050 |
Affordability — Lodi, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $598,000 |
| Median Household Income | $84,600 |