Evesham Township, NJ—08053
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Evesham Township, NJ
As of Oct '25, the median home price in Evesham Township, NJ is $486,000, with a year-over-year change of 3.8%. This indicates that home prices in Evesham Township, NJ are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $486,000 | 3.8% |
| Single Family | $509,000 | 3.5% |
| Condos | $275,000 | 3.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $212,000 | 0.0% |
2 Bed | $290,000 | 1.4% |
3 Bed | $444,000 | 4.0% |
4 Bed | $589,000 | 4.6% |
| 5 Bed | $651,000 | 4.8% |
% of Housing Stock
Rental Trends — Evesham Township, NJ
As of July '25, Rentcast reports the average rent in Evesham Township, NJ is $2,650, with a year-over-year rent change of 11.8%. Per bedroom, the median rent as of July '25 in Evesham Township, NJ is 1-bedrooms: $1,840, 2-bedrooms: $2,280, 3-bedrooms: $3,120, 4-bedrooms: $4,180. The most common rental property sizes in Evesham Township, NJ are 2-bedroom and 1-bedroom, accounting for 47.3% and 34.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,530 | $2,650 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,750 | $1,840 |
| 2 Bed Rent | $2,050 | $2,280 |
| 3 Bed Rent | $2,900 | $3,120 |
| 4 Bed Rent | $3,500 | $4,180 |
% of Rental Stock
Property Listings — Evesham Township, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Evesham Township, NJ is 27. This is a increase of 8.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $482,000 | 5.0% |
Listing Count | 147 | 26.0% |
| Listings as % of Homes | 0.4% | 26.0% |
Days on Market | 27 | 8.0% |
Demographics — Evesham Township, NJ
As of the latest ACS Survey released in 2023, Evesham Township, NJ has a population of 47,600, which has increased by 5.4% over the past 5 years. Evesham Township, NJ is a moderately popular place for families, as children make up 21.2% of the population. The area has a highly educated workforce, with 52.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 47,600 | 5.4% |
% Under 18 | 21.2% | -0.5% |
% Seniors | 18.8% | 13.9% |
% WFH | 18.8% | 189.2% |
% w/ College Degree | 52.8% | 8.4% |
As of the latest ACS Survey released in 2023, Evesham Township, NJ is a predominantly white area, with 78.5% of the population identifying as white. The white population has shrunk by 5.0% in the last 5 years. The second most common race or ethnicity in Evesham Township, NJ is asian, making up 7.7% of the population. Foreign-born residents account for 9.1% of the population in Evesham Township, NJ, and this percentage has increased by 2.2% 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 | 78.5% | -5.0% |
% Black | 4.9% | -9.3% |
% Hispanic | 6.0% | 42.9% |
% Asian | 7.7% | 30.5% |
% Foreign Born | 9.1% | 2.2% |
Mortgage and Risk — Evesham Township, NJ
According to HUD data as of 2023, there were 950 mortgage originations in Evesham Township, NJ, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Evesham Township, NJ. Investor activity is low, as 2.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 950 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Evesham Township, NJ
As of 2024, the percent of homes in Evesham Township, NJ under the Section 8 program is 1.0%. 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 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Evesham Township, NJ, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 167 |
Total Units Section 8 | 63 |
% Rentals under Section 8 | 1.0% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $310 | $1,750 | $2,060 |
| 2 Bedroom | $410 | $2,050 | $2,460 |
| 3 Bedroom | $60 | $2,900 | $2,960 |
| 4 Bedroom | -$130 | $3,500 | $3,370 |
Affordability — Evesham Township, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $486,000 |
| Median Household Income | $117,000 |