West Deptford Township, NJ—08086
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 $350,000, with a year-over-year change of 2.3%. This indicates that home prices in West Deptford Township, NJ are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $350,000 | 2.3% |
| Single Family | $371,000 | 2.2% |
| Condos | $278,000 | 3.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $306,000 | 2.7% |
3 Bed | $329,000 | 3.1% |
4 Bed | $515,000 | 2.4% |
| 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 $2,510, with a year-over-year rent change of -7.0%. Per bedroom, the median rent as of July '25 in West Deptford Township, NJ is 1-bedrooms: $1,810, 2-bedrooms: $2,350, 3-bedrooms: $2,880. The most common rental property sizes in West Deptford Township, NJ are 2-bedroom and 1-bedroom, accounting for 43.0% and 41.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,450 | $2,510 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,620 | $1,810 |
| 2 Bed Rent | $2,200 | $2,350 |
| 3 Bed Rent | $3,000 | $2,880 |
| 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 31. This is a decrease of -25.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $364,000 | -3.0% |
Listing Count | 36 | 35.0% |
| Listings as % of Homes | 0.4% | 35.0% |
Days on Market | 31 | -25.0% |
Demographics — West Deptford Township, NJ
As of the latest ACS Survey released in 2023, West Deptford Township, NJ has a population of 8,530, which has increased by 6.6% over the past 5 years. West Deptford Township, NJ is a moderately popular place for families, as children make up 20.2% of the population. The area has a moderately educated workforce, with 31.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,530 | 6.6% |
% Under 18 | 20.2% | -1.9% |
% Seniors | 20.4% | 4.1% |
% WFH | 11.3% | 289.7% |
% w/ College Degree | 31.1% | 0.3% |
As of the latest ACS Survey released in 2023, West Deptford Township, NJ is a predominantly white area, with 83.5% of the population identifying as white. The white population has grown by 9.0% in the last 5 years. The second most common race or ethnicity in West Deptford Township, NJ is hispanic, making up 5.8% of the population. Foreign-born residents account for 6.8% of the population in West Deptford Township, NJ, and this percentage has increased by 1.5% 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 | 83.5% | 9.0% |
% Black | 5.1% | -48.0% |
% Hispanic | 5.8% | -6.5% |
% Asian | 2.9% | -23.7% |
% Foreign Born | 6.8% | 1.5% |
Mortgage and Risk — West Deptford Township, NJ
According to HUD data as of 2023, there were 195 mortgage originations in West Deptford Township, NJ, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in West Deptford Township, NJ. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 195 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
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 | 134 |
Total Units Section 8 | 54 |
% Rentals under Section 8 | 4.3% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $230 | $1,620 | $1,850 |
| 2 Bedroom | $10 | $2,200 | $2,210 |
| 3 Bedroom | -$340 | $3,000 | $2,660 |
| 4 Bedroom | N/A | N/A | $3,030 |
Affordability — West Deptford Township, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $350,000 |
| Median Household Income | $88,100 |