Willingboro Township, NJ—08046
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Willingboro Township, NJ
As of Oct '25, the median home price in Willingboro Township, NJ is $351,000, with a year-over-year change of 1.9%. This indicates that home prices in Willingboro Township, NJ are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $351,000 | 2.0% |
| Single Family | $351,000 | 1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $247,000 | 0.4% |
3 Bed | $355,000 | 1.7% |
4 Bed | $381,000 | 1.9% |
| 5 Bed | $437,000 | 1.6% |
% of Housing Stock
Rental Trends — Willingboro Township, NJ
As of July '25, Rentcast reports the average rent in Willingboro Township, NJ is $3,190, with a year-over-year rent change of 7.0%. Per bedroom, the median rent as of July '25 in Willingboro Township, NJ is 1-bedrooms: $1,930, 2-bedrooms: $1,950, 3-bedrooms: $2,680, 4-bedrooms: $3,240. The most common rental property sizes in Willingboro Township, NJ are 4-bedroom and 2-bedroom, accounting for 34.8% and 26.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $3,190 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,930 | $1,930 |
| 2 Bed Rent | $1,950 | $1,950 |
| 3 Bed Rent | $2,450 | $2,680 |
| 4 Bed Rent | $3,300 | $3,240 |
% of Rental Stock
Property Listings — Willingboro Township, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Willingboro Township, NJ is 39. This is a increase of 33.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $379,000 | 0.0% |
Listing Count | 151 | 17.0% |
| Listings as % of Homes | 1.3% | 17.0% |
Days on Market | 39 | 33.0% |
Demographics — Willingboro Township, NJ
As of the latest ACS Survey released in 2023, Willingboro Township, NJ has a population of 31,900, which has increased by 1.1% over the past 5 years. Willingboro Township, NJ is a moderately popular place for families, as children make up 20.7% of the population. The area has a moderately educated workforce, with 26.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,900 | 1.1% |
% Under 18 | 20.7% | 2.5% |
% Seniors | 17.2% | -2.3% |
% WFH | 9.4% | 224.1% |
% w/ College Degree | 26.2% | 11.0% |
As of the latest ACS Survey released in 2023, Willingboro Township, NJ is a predominantly black area, with 68.6% of the population identifying as black. The black population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Willingboro Township, NJ is hispanic, making up 15.2% of the population. Foreign-born residents account for 15.1% of the population in Willingboro Township, NJ, and this percentage has decreased by 0.7% 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 | 10.0% | -28.6% |
% Black | 68.6% | -4.1% |
% Hispanic | 15.2% | 38.2% |
% Asian | 0.7% | -50.0% |
% Foreign Born | 15.1% | -0.7% |
Mortgage and Risk — Willingboro Township, NJ
According to HUD data as of 2023, there were 812 mortgage originations in Willingboro Township, NJ, of which 48.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in Willingboro Township, NJ. Investor activity is low, as 2.0% of loans were by investors. 23.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 812 |
% Conventional Loans | 48.0% |
% Government Loans | 52.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 23.0% |
Loan Activity
Rentals and Section 8 — Willingboro Township, NJ
As of 2024, the percent of homes in Willingboro Township, NJ under the Section 8 program is 9.8%. 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 Willingboro Township, NJ, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 207 |
Total Units Section 8 | 207 |
% Rentals under Section 8 | 9.8% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $130 | $1,930 | $2,060 |
| 2 Bedroom | $510 | $1,950 | $2,460 |
| 3 Bedroom | $510 | $2,450 | $2,960 |
| 4 Bedroom | $70 | $3,300 | $3,370 |
Affordability — Willingboro Township, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $351,000 |
| Median Household Income | $91,400 |