Manahawkin, NJ—08050
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Manahawkin, NJ
As of Oct '25, the median home price in Manahawkin, NJ is $577,000, with a year-over-year change of 3.8%. This indicates that home prices in Manahawkin, 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 | $577,000 | 3.8% |
| Single Family | $587,000 | 3.5% |
| Condos | $294,000 | 2.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $379,000 | 1.9% |
3 Bed | $528,000 | 3.3% |
4 Bed | $682,000 | 3.5% |
| 5 Bed | $845,000 | 2.9% |
% of Housing Stock
Rental Trends — Manahawkin, NJ
As of July '25, Rentcast reports the average rent in Manahawkin, NJ is $2,900, with a year-over-year rent change of -4.9%. Per bedroom, the median rent as of July '25 in Manahawkin, NJ is 1-bedrooms: $1,470, 2-bedrooms: $2,600, 3-bedrooms: $2,870, 4-bedrooms: $3,120. The most common rental property sizes in Manahawkin, NJ are 1-bedroom and 3-bedroom, accounting for 40.4% and 28.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,900 | $2,900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $736 | $1,470 |
| 2 Bed Rent | $2,500 | $2,600 |
| 3 Bed Rent | $2,900 | $2,870 |
| 4 Bed Rent | $3,000 | $3,120 |
% of Rental Stock
Property Listings — Manahawkin, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Manahawkin, NJ is 58. This is a increase of 32.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $699,000 | 1.0% |
Listing Count | 142 | -2.0% |
| Listings as % of Homes | 0.8% | -2.0% |
Days on Market | 58 | 32.0% |
Demographics — Manahawkin, NJ
As of the latest ACS Survey released in 2023, Manahawkin, NJ has a population of 27,600, which has increased by 10.7% over the past 5 years. Manahawkin, NJ is a moderately popular place for families, as children make up 18.6% of the population. The area has a moderately educated workforce, with 39.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,600 | 10.7% |
% Under 18 | 18.6% | -10.1% |
% Seniors | 21.8% | 11.2% |
% WFH | 11.0% | 89.7% |
% w/ College Degree | 39.5% | 20.1% |
As of the latest ACS Survey released in 2023, Manahawkin, NJ is a predominantly white area, with 87.1% of the population identifying as white. The white population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in Manahawkin, NJ is hispanic, making up 8.9% of the population. Foreign-born residents account for 6.1% of the population in Manahawkin, NJ, and this percentage has increased by 29.8% 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 | 87.1% | -1.4% |
% Black | 0.6% | -71.4% |
% Hispanic | 8.9% | 43.5% |
% Asian | 0.6% | -57.1% |
% Foreign Born | 6.1% | 29.8% |
Mortgage and Risk — Manahawkin, NJ
According to HUD data as of 2023, there were 653 mortgage originations in Manahawkin, NJ, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Manahawkin, NJ. Investor activity is low, as 1.0% 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 | 653 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 1.0% |
% Second Loans | 11.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Manahawkin, NJ
As of 2024, the percent of homes in Manahawkin, NJ under the Section 8 program is 4.3%. 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. 1-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Manahawkin, NJ, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 133 |
Total Units Section 8 | 49 |
% Rentals under Section 8 | 4.3% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,044 | $736 | $1,780 |
| 2 Bedroom | -$310 | $2,500 | $2,190 |
| 3 Bedroom | $20 | $2,900 | $2,920 |
| 4 Bedroom | $250 | $3,000 | $3,250 |
Affordability — Manahawkin, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $577,000 |
| Median Household Income | $115,000 |