Runnemede, NJ 08078 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Runnemede, NJ—08078

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$314,000

3.9% YoY Growth

Household Income

$97,900

59.1% YoY Growth

Days on Market

34.0% Shorter YoY

Home Price Forecast

2.2%

Median Rent

$1,600

0.5% YoY Growth

1-Bed Rent

$1,250

24.9% YoY Growth

2-Bed Rent

$1,900

4.2% YoY Growth

3-Bed Rent

$2,800

14.9% YoY Growth

Home Price Trends — Runnemede, NJ

As of Dec '25, the median home price in Runnemede, NJ is $314,000, with a year-over-year change of 3.9%. This indicates that home prices in Runnemede, NJ are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$314,000	3.9%
Single Family	$314,000	3.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Runnemede, NJ

As of July '25, Rentcast reports the average rent in Runnemede, NJ is $1,900, with a year-over-year rent change of -0.5%. Per bedroom, the median rent as of July '25 in Runnemede, NJ is studios: $1,100, 1-bedrooms: $1,300, 2-bedrooms: $1,830, 3-bedrooms: $2,700, 4-bedrooms: $3,000. The most common rental property sizes in Runnemede, NJ are 1-bedroom and 2-bedroom, accounting for 48.5% and 28.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,600	$1,900
Studio Rent	$1,100	$1,100
1 Bed Rent	$1,250	$1,300
2 Bed Rent	$1,900	$1,830
3 Bed Rent	$2,800	$2,700
4 Bed Rent	$3,000	$3,000

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% of Rental Stock

Studio

5.7%

1 Bedroom

48.5%

2 Bedrooms

28.2%

3 Bedrooms

15.1%

4 Bedrooms

2.4%

Property Listings — Runnemede, NJ

As of Dec '25, Realtor.com reports that the median days on market for a home in Runnemede, NJ is 30. This is a decrease of -13.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$339,000	4.0%
Listing Count	25	18.0%
Listings as % of Homes	0.3%	18.0%
Days on Market	38	-34.0%

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Demographics — Runnemede, NJ

As of the latest ACS Survey released in 2023, Runnemede, NJ has a population of 8,060, which has decreased by -3.1% over the past 5 years. Runnemede, NJ is a moderately popular place for families, as children make up 19.8% of the population. The area has a moderately educated workforce, with 25.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	8,060	-3.1%
% Under 18	19.8%	-9.6%
% Seniors	14.9%	3.5%
% WFH	10.3%	128.9%
% w/ College Degree	25.4%	-5.2%

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As of the latest ACS Survey released in 2023, Runnemede, NJ is a predominantly white area, with 75.4% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Runnemede, NJ is hispanic, making up 13.0% of the population. Foreign-born residents account for 7.3% of the population in Runnemede, NJ, and this percentage has decreased by 7.6% 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	75.4%	-1.0%
% Black	6.1%	-25.6%
% Hispanic	13.0%	18.2%
% Asian	2.8%	-28.2%
% Foreign Born	7.3%	-7.6%

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Mortgage and Risk — Runnemede, NJ

According to HUD data as of 2023, there were 170 mortgage originations in Runnemede, NJ, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Runnemede, NJ. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	170
% Conventional Loans	73.0%
% Government Loans	27.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — Runnemede, NJ

As of 2024, the percent of homes in Runnemede, NJ under the Section 8 program is 1.4%. 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 units appear to be good home sizes to consider for Section 8 housing in Runnemede, NJ, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	12
Total Units Section 8	12
% Rentals under Section 8	1.4%
% Occupied Section 8	96.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$110	$1,250	$1,360
2 Bedroom	-$280	$1,900	$1,620
3 Bedroom	-$850	$2,800	$1,950
4 Bedroom	-$780	$3,000	$2,220

Runnemede, NJ—08078

Key Metrics at a Glance

Home Price Trends — Runnemede, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Runnemede, NJ

% of Rental Stock

Property Listings — Runnemede, NJ

Demographics — Runnemede, NJ

Race and Ethnicity

Mortgage and Risk — Runnemede, NJ

Mortgages

Rentals and Section 8 — Runnemede, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Runnemede, NJ

Home Price to Income Ratio

Runnemede, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Glendora, NJ

Bellmawr, NJ

Barrington, NJ

Haddon Heights, NJ

Mount Ephraim, NJ

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.6
Median Home Price	$314,000
Median Household Income	$97,900

Runnemede, NJ—08078

Key Metrics at a Glance

Home Price Trends — Runnemede, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Runnemede, NJ

% of Rental Stock

Property Listings — Runnemede, NJ

Demographics — Runnemede, NJ

Race and Ethnicity

Mortgage and Risk — Runnemede, NJ

Mortgages

Rentals and Section 8 — Runnemede, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Runnemede, NJ

Home Price to Income Ratio

Runnemede, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Glendora, NJ

Bellmawr, NJ

Barrington, NJ

Haddon Heights, NJ

Mount Ephraim, NJ

Frequently Asked Questions

What is the average home price in Runnemede, NJ 08078?

How have home prices in Runnemede, NJ 08078 changed over the past year?

What is the home price projection for Runnemede, NJ 08078?

What are the demographics of Runnemede, NJ 08078?

How long does it take homes to sell in Runnemede, NJ 08078?

What is the average rent price in Runnemede, NJ 08078?