Pennsville, NJ 08070 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Pennsville, NJ—08070

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$266,000

0.9% YoY Growth

Household Income

$74,000

14.7% YoY Growth

Days on Market

11.0% Longer YoY

Home Price Forecast

2.3%

Median Rent

$1,500

0.6% YoY Growth

1-Bed Rent

$1,200

3.3% YoY Growth

2-Bed Rent

$1,600

13.8% YoY Growth

3-Bed Rent

$2,300

28.2% YoY Growth

Home Price Trends — Pennsville, NJ

As of Dec '25, the median home price in Pennsville, NJ is $266,000, with a year-over-year change of 0.9%. This indicates that home prices in Pennsville, NJ are flat. 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	$266,000	0.9%
Single Family	$266,000	0.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Pennsville, NJ

As of July '25, Rentcast reports the average rent in Pennsville, NJ is $1,730, with a year-over-year rent change of -0.6%. Per bedroom, the median rent as of July '25 in Pennsville, NJ is 1-bedrooms: $1,260, 2-bedrooms: $1,730, 3-bedrooms: $2,500, 4-bedrooms: $2,700. The most common rental property sizes in Pennsville, NJ are 1-bedroom and 2-bedroom, accounting for 50.6% and 16.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,500	$1,730
Studio Rent	N/A	N/A
1 Bed Rent	$1,200	$1,260
2 Bed Rent	$1,600	$1,730
3 Bed Rent	$2,300	$2,500
4 Bed Rent	$2,700	$2,700

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% of Rental Stock

Studio

15.4%

1 Bedroom

50.6%

2 Bedrooms

16.3%

3 Bedrooms

13.1%

4 Bedrooms

2.4%

5+ Bedrooms

2.1%

Property Listings — Pennsville, NJ

As of Dec '25, Realtor.com reports that the median days on market for a home in Pennsville, NJ is 48. This is a increase of 4.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$299,000	8.0%
Listing Count	66	28.0%
Listings as % of Homes	0.9%	28.0%
Days on Market	58	11.0%

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Demographics — Pennsville, NJ

As of the latest ACS Survey released in 2023, Pennsville, NJ has a population of 12,500, which has remained stable by 0.7% over the past 5 years. Pennsville, NJ is a moderately popular place for families, as children make up 20.2% 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 8.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	12,500	0.7%
% Under 18	20.2%	-4.3%
% Seniors	20.7%	4.0%
% WFH	8.6%	437.5%
% w/ College Degree	21.3%	33.1%

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As of the latest ACS Survey released in 2023, Pennsville, NJ is a predominantly white area, with 84.3% of the population identifying as white. The white population has shrunk by 6.9% in the last 5 years. The second most common race or ethnicity in Pennsville, NJ is hispanic, making up 6.5% of the population. Foreign-born residents account for 2.7% of the population in Pennsville, NJ, and this percentage has decreased by 42.6% 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	84.3%	-6.9%
% Black	3.8%	35.7%
% Hispanic	6.5%	242.1%
% Asian	0.4%	-80.0%
% Foreign Born	2.7%	-42.6%

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Mortgage and Risk — Pennsville, NJ

According to HUD data as of 2023, there were 323 mortgage originations in Pennsville, NJ, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in Pennsville, NJ. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	323
% Conventional Loans	60.0%
% Government Loans	40.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Pennsville, NJ

As of 2024, the percent of homes in Pennsville, NJ under the Section 8 program is 13.6%. 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 units appear to be good home sizes to consider for Section 8 housing in Pennsville, NJ, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	175
Total Units Section 8	169
% Rentals under Section 8	13.6%
% Occupied Section 8	98.7%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$150	$1,200	$1,350
2 Bedroom	$10	$1,600	$1,610
3 Bedroom	-$360	$2,300	$1,940
4 Bedroom	-$490	$2,700	$2,210

Pennsville, NJ—08070

Key Metrics at a Glance

Home Price Trends — Pennsville, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pennsville, NJ

% of Rental Stock

Property Listings — Pennsville, NJ

Demographics — Pennsville, NJ

Race and Ethnicity

Mortgage and Risk — Pennsville, NJ

Mortgages

Rentals and Section 8 — Pennsville, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Pennsville, NJ

Home Price to Income Ratio

Pennsville, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Deepwater

Carneys Point, NJ

Delaware City

New Castle, DE

Wilmington, DE

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$266,000
Median Household Income	$74,000

Pennsville, NJ—08070

Key Metrics at a Glance

Home Price Trends — Pennsville, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pennsville, NJ

% of Rental Stock

Property Listings — Pennsville, NJ

Demographics — Pennsville, NJ

Race and Ethnicity

Mortgage and Risk — Pennsville, NJ

Mortgages

Rentals and Section 8 — Pennsville, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Pennsville, NJ

Home Price to Income Ratio

Pennsville, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Deepwater

Carneys Point, NJ

Delaware City

New Castle, DE

Wilmington, DE

Frequently Asked Questions

What is the average home price in Pennsville, NJ 08070?

How have home prices in Pennsville, NJ 08070 changed over the past year?

What is the home price projection for Pennsville, NJ 08070?

What are the demographics of Pennsville, NJ 08070?

How long does it take homes to sell in Pennsville, NJ 08070?

What is the average rent price in Pennsville, NJ 08070?