Deal, NJ—07723
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Deal, NJ
As of Oct '25, the median home price in Deal, NJ is $3,994,000, with a year-over-year change of 3.3%. This indicates that home prices in Deal, NJ are increasing. According to Zillow, the 1-year price projection is 3.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $3,994,000 | 3.3% |
| Single Family | $4,214,000 | 4.4% |
| 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 | $2,177,000 | 5.7% |
4 Bed | $3,282,000 | 3.6% |
| 5 Bed | $5,453,000 | 5.7% |
% of Housing Stock
Rental Trends — Deal, NJ
As of July '25, Rentcast reports the average rent in Deal, NJ is $2,740, with a year-over-year rent change of -8.4%. Per bedroom, the median rent as of July '25 in Deal, NJ is 1-bedrooms: $1,400, 2-bedrooms: $2,160, 3-bedrooms: $2,570, 4-bedrooms: $3,110. The most common rental property sizes in Deal, NJ are 2-bedroom and 1-bedroom, accounting for 39.5% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,740 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,400 | $1,400 |
| 2 Bed Rent | $1,800 | $2,160 |
| 3 Bed Rent | $2,400 | $2,570 |
| 4 Bed Rent | $2,800 | $3,110 |
% of Rental Stock
Property Listings — Deal, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Deal, NJ is 107. This is a increase of 76.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $4,840,000 | -16.0% |
Listing Count | 11 | -19.0% |
| Listings as % of Homes | 0.5% | -19.0% |
Days on Market | 107 | 76.0% |
Demographics — Deal, NJ
As of the latest ACS Survey released in 2023, Deal, NJ has a population of 815, which has increased by 17.3% over the past 5 years. Deal, NJ is a less popular place for families, as children make up 13.0% of the population. The area has a moderately educated workforce, with 34.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 815 | 17.3% |
% Under 18 | 13.0% | -27.0% |
% Seniors | 37.3% | 4.2% |
% WFH | 16.5% | 650.0% |
% w/ College Degree | 34.2% | 5.9% |
As of the latest ACS Survey released in 2023, Deal, NJ is a predominantly white area, with 75.1% of the population identifying as white. The white population has shrunk by 16.5% in the last 5 years. The second most common race or ethnicity in Deal, NJ is hispanic, making up 13.4% of the population. Foreign-born residents account for 13.7% of the population in Deal, NJ, and this percentage has decreased by 26.7% 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 | 75.1% | -16.5% |
% Black | 1.6% | 1,500.0% |
% Hispanic | 13.4% | 41.1% |
% Asian | 0.9% | 125.0% |
% Foreign Born | 13.7% | -26.7% |
Mortgage and Risk — Deal, NJ
According to HUD data as of 2023, there were 48 mortgage originations in Deal, NJ, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 40.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Deal, 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 | 48 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 2.0% |
% Second Loans | 25.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Deal, NJ
Deal, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$90 | $1,400 | $1,310 |
| 2 Bedroom | -$190 | $1,800 | $1,610 |
| 3 Bedroom | -$260 | $2,400 | $2,140 |
| 4 Bedroom | -$410 | $2,800 | $2,390 |
Affordability — Deal, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 39.9 |
| Median Home Price | $3,994,000 |
| Median Household Income | $86,600 |