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Mine Hill Township, NJ—07803

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$489,000
3.1% YoY Growth
Household Income
$114,000
19.5% YoY Growth
Days on Market
70
89.0% Longer YoY
Home Price Forecast
1.3%
Median Rent
$3,200
11.7% YoY Growth
1-Bed Rent
$1,600
20.0% YoY Growth
2-Bed Rent
$3,500
18.6% YoY Growth
3-Bed Rent
$3,200
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Mine Hill Township, NJ

As of Dec '25, the median home price in Mine Hill Township, NJ is $489,000, with a year-over-year change of 3.1%. This indicates that home prices in Mine Hill Township, 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 TypeMedian Home ValueYoY % Change
All Homes
$489,0003.1%
Single Family $495,0002.5%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$497,0002.9%
    4 Bed
    		$555,0003.9%
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    1.3%
    2 Bedrooms
    25.0%
    3 Bedrooms
    52.6%
    4 Bedrooms
    16.9%
    5+ Bedrooms
    4.2%

    Rental Trends — Mine Hill Township, NJ

    As of July '25, Rentcast reports the average rent in Mine Hill Township, NJ is $2,770, with a year-over-year rent change of 11.7%. Per bedroom, the median rent as of July '25 in Mine Hill Township, NJ is 1-bedrooms: $1,600, 2-bedrooms: $3,500, 3-bedrooms: $3,200. The most common rental property sizes in Mine Hill Township, NJ are 2-bedroom and 3-bedroom, accounting for 54.0% and 34.2% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$3,200$2,770
    Studio Rent N/AN/A
    1 Bed Rent $1,600$1,600
    2 Bed Rent $3,500$3,500
    3 Bed Rent $3,200$3,200
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    11.8%
    2 Bedrooms
    54.0%
    3 Bedrooms
    34.2%

    Property Listings — Mine Hill Township, NJ

    As of Dec '25, Realtor.com reports that the median days on market for a home in Mine Hill Township, NJ is 56. This is a increase of 101.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$404,000-8.0%
    Listing Count
    		9-17.0%
    Listings as % of Homes0.7%-17.0%
    Days on Market
    		7089.0%
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    Demographics — Mine Hill Township, NJ

    As of the latest ACS Survey released in 2023, Mine Hill Township, NJ has a population of 3,990, which has increased by 12.2% over the past 5 years. Mine Hill Township, NJ is a moderately popular place for families, as children make up 21.0% of the population. The area has a moderately educated workforce, with 38.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		3,99012.2%
    % Under 18
    		21.0%-3.2%
    % Seniors
    		18.0%24.1%
    % WFH
    		15.0%689.5%
    % w/ College Degree
    		38.8%2.9%
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    As of the latest ACS Survey released in 2023, Mine Hill Township, NJ is a predominantly white area, with 55.5% of the population identifying as white. The white population has shrunk by 15.4% in the last 5 years. The second most common race or ethnicity in Mine Hill Township, NJ is hispanic, making up 30.9% of the population. Foreign-born residents account for 23.5% of the population in Mine Hill Township, NJ, and this percentage has increased by 4.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		55.5%-15.4%
    % Black
    		2.1%-19.2%
    % Hispanic
    		30.9%41.7%
    % Asian
    		5.7%-32.9%
    % Foreign Born
    		23.5%4.0%
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    Mortgage and Risk — Mine Hill Township, NJ

    According to HUD data as of 2023, there were 65 mortgage originations in Mine Hill Township, NJ, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Mine Hill Township, NJ. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		65
    % Conventional Loans
    		83.0%
    % Government Loans
    		17.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		8.0%
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    Rentals and Section 8 — Mine Hill Township, NJ

    Mine Hill Township, NJ lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		9
    Total Units Section 8
    		9
    % Rentals under Section 8
    		6.2%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$580$1,600$2,180
    2 Bedroom-$860$3,500$2,640
    3 Bedroom$120$3,200$3,320
    4 BedroomN/AN/A$3,780

    Affordability — Mine Hill Township, NJ

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.6
    Median Home Price$489,000
    Median Household Income$114,000

    Mine Hill Township, NJ — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    07847

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    Frequently Asked Questions