West Deptford Township, NJ—08066
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in West Deptford Township, NJ
Home Price Trends — West Deptford Township, NJ
As of Oct '25, the median home price in West Deptford Township, NJ is $229,000, with a year-over-year change of 8.2%. This indicates that home prices in West Deptford 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 | $229,000 | 8.3% |
| Single Family | $232,000 | 7.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $194,000 | 9.0% |
3 Bed | $248,000 | 6.9% |
4 Bed | $277,000 | 5.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — West Deptford Township, NJ
As of July '25, Rentcast reports the average rent in West Deptford Township, NJ is $1,690, with a year-over-year rent change of 9.0%. Per bedroom, the median rent as of July '25 in West Deptford Township, NJ is studios: $1,440, 1-bedrooms: $1,380, 2-bedrooms: $1,660, 3-bedrooms: $2,010. The most common rental property sizes in West Deptford Township, NJ are 1-bedroom and 2-bedroom, accounting for 49.3% and 38.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,690 |
| Studio Rent | $1,440 | $1,440 |
| 1 Bed Rent | $1,350 | $1,380 |
| 2 Bed Rent | $1,600 | $1,660 |
| 3 Bed Rent | $2,000 | $2,010 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — West Deptford Township, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in West Deptford Township, NJ is 48. 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $270,000 | 1.0% |
Listing Count | 38 | 18.0% |
| Listings as % of Homes | 0.7% | 18.0% |
Days on Market | 48 | 33.0% |
Demographics — West Deptford Township, NJ
As of the latest ACS Survey released in 2023, West Deptford Township, NJ has a population of 7,410, which has decreased by -13.4% over the past 5 years. West Deptford Township, NJ is a moderately popular place for families, as children make up 19.3% of the population. The area has a poorly educated workforce, with 21.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,410 | -13.4% |
% Under 18 | 19.3% | 9.0% |
% Seniors | 20.3% | 42.0% |
% WFH | 5.9% | 293.3% |
% w/ College Degree | 21.3% | -0.5% |
As of the latest ACS Survey released in 2023, West Deptford Township, NJ is a predominantly white area, with 47.0% of the population identifying as white. The white population has shrunk by 34.0% in the last 5 years. The second most common race or ethnicity in West Deptford Township, NJ is black, making up 33.5% of the population. Foreign-born residents account for 4.1% of the population in West Deptford Township, NJ, and this percentage has decreased by 43.1% 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 | 47.0% | -34.0% |
% Black | 33.5% | 55.8% |
% Hispanic | 16.0% | 125.4% |
% Asian | 0.5% | 25.0% |
% Foreign Born | 4.1% | -43.1% |
Mortgage and Risk — West Deptford Township, NJ
According to HUD data as of 2023, there were 109 mortgage originations in West Deptford Township, NJ, of which 53.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 54.0% above 90% LTV (very high). This implies large mortgage risk in West Deptford Township, NJ. Investor activity is low, as 3.0% 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 | 109 |
% Conventional Loans | 53.0% |
% Government Loans | 47.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — West Deptford Township, NJ
West Deptford Township, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 393 |
Total Units Section 8 | 394 |
% Rentals under Section 8 | 37.0% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$120 | $1,350 | $1,230 |
| 2 Bedroom | -$130 | $1,600 | $1,470 |
| 3 Bedroom | -$230 | $2,000 | $1,770 |
| 4 Bedroom | N/A | N/A | $2,010 |
Affordability — West Deptford Township, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $229,000 |
| Median Household Income | $62,400 |