Barnegat, NJ—08005
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Barnegat, NJ
As of Oct '25, the median home price in Barnegat, NJ is $492,000, with a year-over-year change of 2.0%. This indicates that home prices in Barnegat, NJ are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $492,000 | 2.0% |
| Single Family | $497,000 | 2.3% |
| Condos | $301,000 | 1.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $451,000 | 2.0% |
3 Bed | $476,000 | 2.4% |
4 Bed | $589,000 | 3.0% |
| 5 Bed | $680,000 | 2.7% |
% of Housing Stock
Rental Trends — Barnegat, NJ
As of July '25, Rentcast reports the average rent in Barnegat, NJ is $3,190, with a year-over-year rent change of -7.8%. Per bedroom, the median rent as of July '25 in Barnegat, NJ is 1-bedrooms: $1,900, 2-bedrooms: $2,090, 3-bedrooms: $4,080, 4-bedrooms: $3,470. The most common rental property sizes in Barnegat, NJ are 3-bedroom and 2-bedroom, accounting for 51.2% and 24.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,190 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,900 | $1,900 |
| 2 Bed Rent | $2,400 | $2,090 |
| 3 Bed Rent | $3,000 | $4,080 |
| 4 Bed Rent | $3,900 | $3,470 |
% of Rental Stock
Property Listings — Barnegat, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Barnegat, NJ is 43. This is a increase of 30.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $569,000 | 13.0% |
Listing Count | 177 | 33.0% |
| Listings as % of Homes | 1.0% | 33.0% |
Days on Market | 43 | 30.0% |
Demographics — Barnegat, NJ
As of the latest ACS Survey released in 2023, Barnegat, NJ has a population of 25,900, which has increased by 8.0% over the past 5 years. Barnegat, NJ is a moderately popular place for families, as children make up 17.1% of the population. The area has a moderately educated workforce, with 33.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,900 | 8.0% |
% Under 18 | 17.1% | -20.1% |
% Seniors | 30.4% | 16.5% |
% WFH | 12.0% | 207.7% |
% w/ College Degree | 33.5% | 39.0% |
As of the latest ACS Survey released in 2023, Barnegat, NJ is a predominantly white area, with 85.9% of the population identifying as white. The white population has grown by 1.1% in the last 5 years. The second most common race or ethnicity in Barnegat, NJ is hispanic, making up 6.4% of the population. Foreign-born residents account for 4.9% of the population in Barnegat, NJ, and this percentage has decreased by 23.4% 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 | 85.9% | 1.1% |
% Black | 2.5% | -64.8% |
% Hispanic | 6.4% | -17.9% |
% Asian | 1.1% | 175.0% |
% Foreign Born | 4.9% | -23.4% |
Mortgage and Risk — Barnegat, NJ
According to HUD data as of 2023, there were 644 mortgage originations in Barnegat, NJ, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Barnegat, NJ. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 644 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Barnegat, NJ
As of 2024, the percent of homes in Barnegat, NJ under the Section 8 program is 8.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Barnegat, 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 | 120 |
Total Units Section 8 | 115 |
% Rentals under Section 8 | 8.8% |
% Occupied Section 8 | 99.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$110 | $1,900 | $1,790 |
| 2 Bedroom | -$190 | $2,400 | $2,210 |
| 3 Bedroom | -$60 | $3,000 | $2,940 |
| 4 Bedroom | -$620 | $3,900 | $3,280 |
Affordability — Barnegat, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $492,000 |
| Median Household Income | $92,500 |