Keyport, NJ—07735
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Keyport, NJ
As of Oct '25, the median home price in Keyport, NJ is $499,000, with a year-over-year change of 4.3%. This indicates that home prices in Keyport, NJ are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $499,000 | 4.4% |
| Single Family | $501,000 | 4.2% |
| Condos | $443,000 | -2.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $327,000 | 6.5% |
2 Bed | $415,000 | 4.0% |
3 Bed | $499,000 | 4.0% |
4 Bed | $581,000 | 3.8% |
| 5 Bed | $648,000 | 3.2% |
% of Housing Stock
Rental Trends — Keyport, NJ
As of July '25, Rentcast reports the average rent in Keyport, NJ is $2,770, with a year-over-year rent change of -4.8%. Per bedroom, the median rent as of July '25 in Keyport, NJ is studios: $1,650, 1-bedrooms: $1,730, 2-bedrooms: $2,740, 3-bedrooms: $3,380, 4-bedrooms: $3,650. The most common rental property sizes in Keyport, NJ are 1-bedroom and 2-bedroom, accounting for 41.7% and 26.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,880 | $2,770 |
| Studio Rent | $1,650 | $1,650 |
| 1 Bed Rent | $1,640 | $1,730 |
| 2 Bed Rent | $2,630 | $2,740 |
| 3 Bed Rent | $3,300 | $3,380 |
| 4 Bed Rent | $3,500 | $3,650 |
% of Rental Stock
Property Listings — Keyport, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Keyport, NJ is 33. This is a increase of 17.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $566,000 | 3.0% |
Listing Count | 90 | 2.0% |
| Listings as % of Homes | 1.0% | 2.0% |
Days on Market | 33 | 17.0% |
Demographics — Keyport, NJ
As of the latest ACS Survey released in 2023, Keyport, NJ has a population of 19,200, which has increased by 3.3% over the past 5 years. Keyport, NJ is a moderately popular place for families, as children make up 17.6% of the population. The area has a moderately educated workforce, with 32.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,200 | 3.3% |
% Under 18 | 17.6% | -10.7% |
% Seniors | 15.1% | 4.1% |
% WFH | 8.4% | 133.3% |
% w/ College Degree | 32.5% | 45.7% |
As of the latest ACS Survey released in 2023, Keyport, NJ is a predominantly white area, with 65.3% of the population identifying as white. The white population has shrunk by 9.9% in the last 5 years. The second most common race or ethnicity in Keyport, NJ is hispanic, making up 19.2% of the population. Foreign-born residents account for 13.6% of the population in Keyport, NJ, and this percentage has increased by 19.3% 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 | 65.3% | -9.9% |
% Black | 6.4% | -8.6% |
% Hispanic | 19.2% | 22.3% |
% Asian | 3.5% | 6.1% |
% Foreign Born | 13.6% | 19.3% |
Mortgage and Risk — Keyport, NJ
According to HUD data as of 2023, there were 307 mortgage originations in Keyport, NJ, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Keyport, NJ. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 307 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Keyport, NJ
As of 2024, the percent of homes in Keyport, NJ under the Section 8 program is 31.9%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Keyport, 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 | 598 |
Total Units Section 8 | 598 |
% Rentals under Section 8 | 31.9% |
% Occupied Section 8 | 95.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$230 | $1,640 | $1,410 |
| 2 Bedroom | -$890 | $2,630 | $1,740 |
| 3 Bedroom | -$1,010 | $3,300 | $2,290 |
| 4 Bedroom | -$960 | $3,500 | $2,540 |
Affordability — Keyport, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $499,000 |
| Median Household Income | $98,800 |