Gibbstown, NJ—08027
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gibbstown, NJ
As of Oct '25, the median home price in Gibbstown, NJ is $316,000, with a year-over-year change of 3.3%. This indicates that home prices in Gibbstown, NJ are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $316,000 | 3.3% |
| Single Family | $316,000 | 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 | $268,000 | 5.1% |
3 Bed | $326,000 | 4.5% |
4 Bed | $373,000 | 4.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Gibbstown, NJ
As of July '25, Rentcast reports the average rent in Gibbstown, NJ is $1,860, with a year-over-year rent change of -5.1%. Per bedroom, the median rent as of July '25 in Gibbstown, NJ is 1-bedrooms: $1,360, 3-bedrooms: $2,200, 4-bedrooms: $3,000. The most common rental property sizes in Gibbstown, NJ are 2-bedroom and 1-bedroom, accounting for 54.7% and 14.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,480 | $1,860 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,360 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,200 | $2,200 |
| 4 Bed Rent | $3,000 | $3,000 |
% of Rental Stock
Property Listings — Gibbstown, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Gibbstown, NJ is 24. This is a increase of 31.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $387,000 | 12.0% |
Listing Count | 12 | 71.0% |
| Listings as % of Homes | 0.6% | 71.0% |
Days on Market | 24 | 31.0% |
Demographics — Gibbstown, NJ
As of the latest ACS Survey released in 2023, Gibbstown, NJ has a population of 4,940, which has increased by 2.1% over the past 5 years. Gibbstown, NJ is a moderately popular place for families, as children make up 19.8% of the population. The area has a moderately educated workforce, with 27.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,940 | 2.1% |
% Under 18 | 19.8% | -9.2% |
% Seniors | 23.2% | 17.2% |
% WFH | 10.0% | 733.3% |
% w/ College Degree | 27.7% | 28.2% |
As of the latest ACS Survey released in 2023, Gibbstown, NJ is a predominantly white area, with 78.7% of the population identifying as white. The white population has shrunk by 16.0% in the last 5 years. The second most common race or ethnicity in Gibbstown, NJ is hispanic, making up 9.8% of the population. Foreign-born residents account for 6.6% of the population in Gibbstown, NJ, and this percentage has increased by 120.0% 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 | 78.7% | -16.0% |
% Black | 6.2% | 129.6% |
% Hispanic | 9.8% | 292.0% |
% Asian | 2.5% | 177.8% |
% Foreign Born | 6.6% | 120.0% |
Mortgage and Risk — Gibbstown, NJ
According to HUD data as of 2023, there were 90 mortgage originations in Gibbstown, NJ, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Gibbstown, 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 | 90 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Gibbstown, NJ
Gibbstown, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 77 |
Total Units Section 8 | 15 |
% Rentals under Section 8 | 6.9% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $220 | $1,300 | $1,520 |
| 2 Bedroom | N/A | N/A | $1,810 |
| 3 Bedroom | -$20 | $2,200 | $2,180 |
| 4 Bedroom | -$520 | $3,000 | $2,480 |
Affordability — Gibbstown, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $316,000 |
| Median Household Income | $90,500 |