Pedricktown, NJ—08067
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pedricktown, NJ
As of Oct '25, the median home price in Pedricktown, NJ is $327,000, with a year-over-year change of -1.8%. This indicates that home prices in Pedricktown, NJ are decreasing. 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 | $327,000 | -1.8% |
| Single Family | $327,000 | -2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $330,000 | 0.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pedricktown, NJ
As of July '25, Rentcast reports the average rent in Pedricktown, NJ is $1,800, with a year-over-year rent change of 63.6%. Per bedroom, the median rent as of July '25 in Pedricktown, NJ is 2-bedrooms: $1,800. The most common rental property sizes in Pedricktown, NJ are 3-bedroom and 2-bedroom, accounting for 51.2% and 43.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,800 | $1,800 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Pedricktown, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Pedricktown, NJ is 36. This is a decrease of -35.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $403,000 | -42.0% |
Listing Count | 12 | -58.0% |
| Listings as % of Homes | 3.8% | -58.0% |
Days on Market | 36 | -35.0% |
Demographics — Pedricktown, NJ
As of the latest ACS Survey released in 2023, Pedricktown, NJ has a population of 1,700, which has increased by 7.1% over the past 5 years. Pedricktown, NJ is a moderately popular place for families, as children make up 22.2% of the population. The area has a moderately educated workforce, with 31.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,700 | 7.1% |
% Under 18 | 22.2% | -5.5% |
% Seniors | 18.9% | 24.3% |
% WFH | 16.6% | 159.4% |
% w/ College Degree | 31.7% | 17.8% |
As of the latest ACS Survey released in 2023, Pedricktown, NJ is a predominantly white area, with 87.2% of the population identifying as white. The white population has grown by 0.8% in the last 5 years. The second most common race or ethnicity in Pedricktown, NJ is hispanic, making up 6.8% of the population. Foreign-born residents account for 3.9% of the population in Pedricktown, NJ, and this percentage has increased by 2.6% 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 | 87.2% | 0.8% |
% Black | 3.1% | -32.6% |
% Hispanic | 6.8% | 106.1% |
% Asian | 1.0% | 25.0% |
% Foreign Born | 3.9% | 2.6% |
Mortgage and Risk — Pedricktown, NJ
According to HUD data as of 2023, there were 51 mortgage originations in Pedricktown, NJ, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Pedricktown, NJ. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 51 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Pedricktown, NJ
Pedricktown, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,800 |
| 2 Bedroom | $340 | $1,800 | $2,140 |
| 3 Bedroom | N/A | N/A | $2,580 |
| 4 Bedroom | N/A | N/A | $2,930 |
Affordability — Pedricktown, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $327,000 |
| Median Household Income | $109,000 |