Moorestown Township, NJ—08057
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Moorestown Township, NJ
As of Oct '25, the median home price in Moorestown Township, NJ is $719,000, with a year-over-year change of 2.1%. This indicates that home prices in Moorestown Township, NJ are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $719,000 | 2.1% |
| Single Family | $746,000 | 2.3% |
| Condos | $400,000 | -7.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $349,000 | 0.6% |
3 Bed | $540,000 | 2.9% |
4 Bed | $905,000 | 3.5% |
| 5 Bed | $1,231,000 | 3.7% |
% of Housing Stock
Rental Trends — Moorestown Township, NJ
As of July '25, Rentcast reports the average rent in Moorestown Township, NJ is $2,750, with a year-over-year rent change of 1.9%. Per bedroom, the median rent as of July '25 in Moorestown Township, NJ is 1-bedrooms: $1,740, 2-bedrooms: $2,480, 3-bedrooms: $3,490, 4-bedrooms: $3,280. The most common rental property sizes in Moorestown Township, NJ are 2-bedroom and 1-bedroom, accounting for 47.5% and 20.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,750 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,800 | $1,740 |
| 2 Bed Rent | $2,400 | $2,480 |
| 3 Bed Rent | $3,600 | $3,490 |
| 4 Bed Rent | $3,300 | $3,280 |
% of Rental Stock
Property Listings — Moorestown Township, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Moorestown Township, NJ is 58. This is a decrease of -5.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $766,000 | -28.0% |
Listing Count | 67 | 23.0% |
| Listings as % of Homes | 0.8% | 23.0% |
Days on Market | 58 | -5.0% |
Demographics — Moorestown Township, NJ
As of the latest ACS Survey released in 2023, Moorestown Township, NJ has a population of 21,000, which has increased by 1.4% over the past 5 years. Moorestown Township, NJ is a moderately popular place for families, as children make up 24.4% of the population. The area has a highly educated workforce, with 67.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,000 | 1.4% |
% Under 18 | 24.4% | 0.4% |
% Seniors | 19.4% | 12.8% |
% WFH | 22.9% | 377.1% |
% w/ College Degree | 67.2% | 7.7% |
As of the latest ACS Survey released in 2023, Moorestown Township, NJ is a predominantly white area, with 76.6% of the population identifying as white. The white population has shrunk by 7.9% in the last 5 years. The second most common race or ethnicity in Moorestown Township, NJ is asian, making up 8.2% of the population. Foreign-born residents account for 9.0% of the population in Moorestown Township, NJ, and this percentage has increased by 4.7% 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 | 76.6% | -7.9% |
% Black | 5.1% | -12.1% |
% Hispanic | 5.9% | 136.0% |
% Asian | 8.2% | 26.2% |
% Foreign Born | 9.0% | 4.7% |
Mortgage and Risk — Moorestown Township, NJ
According to HUD data as of 2023, there were 364 mortgage originations in Moorestown Township, NJ, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Moorestown Township, NJ. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 364 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Moorestown Township, NJ
As of 2024, the percent of homes in Moorestown Township, NJ under the Section 8 program is 4.7%. 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 Moorestown Township, 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 | 62 |
Total Units Section 8 | 59 |
% Rentals under Section 8 | 4.7% |
% Occupied Section 8 | 94.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$130 | $1,800 | $1,670 |
| 2 Bedroom | -$410 | $2,400 | $1,990 |
| 3 Bedroom | -$1,200 | $3,600 | $2,400 |
| 4 Bedroom | -$570 | $3,300 | $2,730 |
Affordability — Moorestown Township, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $719,000 |
| Median Household Income | $152,000 |