Peapack—07977
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Peapack
Peapack lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Peapack
As of July '25, Rentcast reports the average rent in Peapack is $7,250, with a year-over-year rent change of 16.6%. Detailed rent data by bedroom size is not available for Peapack. The most common rental property sizes in Peapack are 2-bedroom and 4-bedroom, accounting for 91.2% and 8.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $7,250 | $7,250 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Peapack
As of Oct '25, Realtor.com reports that the median days on market for a home in Peapack is 117. This is a decrease of -45.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $4,250,000 | 9.0% |
Listing Count | 8 | 92.0% |
| Listings as % of Homes | N/A | 92.0% |
Days on Market | 117 | -45.0% |
Demographics — Peapack
As of the latest ACS Survey released in 2023, Peapack has a population of 733, which has increased by 15.6% over the past 5 years. Peapack is a popular place for families, as children make up 26.7% of the population. The area has a highly educated workforce, with 61.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 733 | 15.6% |
% Under 18 | 26.7% | -16.6% |
% Seniors | 14.1% | 135.0% |
% WFH | 22.7% | 20.1% |
% w/ College Degree | 61.8% | 28.8% |
As of the latest ACS Survey released in 2023, Peapack is a predominantly white area, with 72.0% of the population identifying as white. The white population has grown by 26.1% in the last 5 years. The second most common race or ethnicity in Peapack is hispanic, making up 15.3% of the population. Foreign-born residents account for 10.8% of the population in Peapack, and this percentage has decreased by 41.6% 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 | 72.0% | 26.1% |
% Black | 7.9% | 21.5% |
% Hispanic | 15.3% | -57.0% |
% Asian | 0.7% | -12.5% |
% Foreign Born | 10.8% | -41.6% |
Mortgage and Risk — Peapack
Peapack lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Peapack
Peapack 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 | N/A | N/A | $1,810 |
| 2 Bedroom | N/A | N/A | $2,270 |
| 3 Bedroom | N/A | N/A | $2,740 |
| 4 Bedroom | N/A | N/A | $3,010 |
Affordability — Peapack
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | N/A |