Mine Hill Township, NJ—07803
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mine Hill Township, NJ
As of Oct '25, the median home price in Mine Hill Township, NJ is $493,000, with a year-over-year change of 3.7%. This indicates that home prices in Mine Hill Township, NJ are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $493,000 | 3.7% |
| Single Family | $499,000 | 2.9% |
| 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 | $502,000 | 3.1% |
4 Bed | $560,000 | 4.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
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.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $2,770 |
| Studio Rent | N/A | N/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/A | N/A |
% of Rental Stock
Property Listings — Mine Hill Township, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Mine Hill Township, NJ is 57. This is a increase of 85.0% 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 | $474,000 | -3.0% |
Listing Count | 13 | 2.0% |
| Listings as % of Homes | 0.7% | 2.0% |
Days on Market | 57 | 85.0% |
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.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,990 | 12.2% |
% Under 18 | 21.0% | -3.2% |
% Seniors | 18.0% | 24.1% |
% WFH | 15.0% | 689.5% |
% w/ College Degree | 38.8% | 2.9% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
Loan Activity
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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $580 | $1,600 | $2,180 |
| 2 Bedroom | -$860 | $3,500 | $2,640 |
| 3 Bedroom | $120 | $3,200 | $3,320 |
| 4 Bedroom | N/A | N/A | $3,780 |
Affordability — Mine Hill Township, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $493,000 |
| Median Household Income | $114,000 |