Wall, NJ—07719
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wall, NJ
As of Oct '25, the median home price in Wall, NJ is $784,000, with a year-over-year change of -0.1%. This indicates that home prices in Wall, NJ are flat. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $784,000 | -0.1% |
| Single Family | $844,000 | -0.4% |
| Condos | $567,000 | 2.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $441,000 | -4.5% |
2 Bed | $588,000 | 0.7% |
3 Bed | $736,000 | 0.4% |
4 Bed | $1,007,000 | 0.3% |
| 5 Bed | $1,403,000 | -0.5% |
% of Housing Stock
Rental Trends — Wall, NJ
As of July '25, Rentcast reports the average rent in Wall, NJ is $3,960, with a year-over-year rent change of 5.3%. Per bedroom, the median rent as of July '25 in Wall, NJ is studios: $1,450, 1-bedrooms: $3,170, 2-bedrooms: $3,560, 3-bedrooms: $3,810, 4-bedrooms: $5,050. The most common rental property sizes in Wall, NJ are 1-bedroom and 2-bedroom, accounting for 44.6% and 25.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $3,960 |
| Studio Rent | $1,000 | $1,450 |
| 1 Bed Rent | $2,880 | $3,170 |
| 2 Bed Rent | $2,700 | $3,560 |
| 3 Bed Rent | $3,500 | $3,810 |
| 4 Bed Rent | $5,000 | $5,050 |
% of Rental Stock
Property Listings — Wall, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Wall, NJ is 33. This is a decrease of -25.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $844,000 | -6.0% |
Listing Count | 85 | -17.0% |
| Listings as % of Homes | 0.5% | -17.0% |
Days on Market | 33 | -25.0% |
Demographics — Wall, NJ
As of the latest ACS Survey released in 2023, Wall, NJ has a population of 22,100, which has increased by 3.8% over the past 5 years. Wall, NJ is a moderately popular place for families, as children make up 17.6% of the population. The area has a highly educated workforce, with 52.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,100 | 3.8% |
% Under 18 | 17.6% | -1.1% |
% Seniors | 20.6% | 9.0% |
% WFH | 15.2% | 108.2% |
% w/ College Degree | 52.6% | 11.0% |
As of the latest ACS Survey released in 2023, Wall, NJ is a predominantly white area, with 83.0% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in Wall, NJ is hispanic, making up 10.9% of the population. Foreign-born residents account for 6.2% of the population in Wall, NJ, and this percentage has decreased by 4.6% 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 | 83.0% | -6.7% |
% Black | 1.6% | 6.7% |
% Hispanic | 10.9% | 39.7% |
% Asian | 1.9% | 137.5% |
% Foreign Born | 6.2% | -4.6% |
Mortgage and Risk — Wall, NJ
According to HUD data as of 2023, there were 469 mortgage originations in Wall, NJ, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Wall, NJ. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 469 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 2.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Wall, NJ
As of 2024, the percent of homes in Wall, NJ under the Section 8 program is 4.8%. 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 Wall, 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 | 161 |
Total Units Section 8 | 112 |
% Rentals under Section 8 | 4.8% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$1,220 | $2,880 | $1,660 |
| 2 Bedroom | -$650 | $2,700 | $2,050 |
| 3 Bedroom | -$770 | $3,500 | $2,730 |
| 4 Bedroom | -$1,960 | $5,000 | $3,040 |
Affordability — Wall, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $784,000 |
| Median Household Income | $120,000 |