Westville, NJ—08093
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Westville, NJ
As of Oct '25, the median home price in Westville, NJ is $278,000, with a year-over-year change of 4.7%. This indicates that home prices in Westville, NJ are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $278,000 | 4.7% |
| Single Family | $281,000 | 4.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $235,000 | 7.3% |
3 Bed | $291,000 | 5.4% |
4 Bed | $325,000 | 4.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Westville, NJ
As of July '25, Rentcast reports the average rent in Westville, NJ is $1,660, with a year-over-year rent change of 1.8%. Per bedroom, the median rent as of July '25 in Westville, NJ is 1-bedrooms: $1,420, 2-bedrooms: $1,680, 3-bedrooms: $2,270, 4-bedrooms: $2,700. The most common rental property sizes in Westville, NJ are 2-bedroom and 1-bedroom, accounting for 47.8% and 39.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,480 | $1,660 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,420 | $1,420 |
| 2 Bed Rent | $1,600 | $1,680 |
| 3 Bed Rent | $2,300 | $2,270 |
| 4 Bed Rent | $2,700 | $2,700 |
% of Rental Stock
Property Listings — Westville, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Westville, NJ is 51. This is a increase of 16.0% 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 | $324,000 | 3.0% |
Listing Count | 38 | 36.0% |
| Listings as % of Homes | 0.5% | 36.0% |
Days on Market | 51 | 16.0% |
Demographics — Westville, NJ
As of the latest ACS Survey released in 2023, Westville, NJ has a population of 9,220, which has increased by 2.0% over the past 5 years. Westville, NJ is a moderately popular place for families, as children make up 18.4% of the population. The area has a poorly educated workforce, with 21.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,220 | 2.0% |
% Under 18 | 18.4% | -10.2% |
% Seniors | 14.2% | 16.4% |
% WFH | 7.6% | 204.0% |
% w/ College Degree | 21.9% | 34.4% |
As of the latest ACS Survey released in 2023, Westville, NJ is a predominantly white area, with 65.7% of the population identifying as white. The white population has shrunk by 9.3% in the last 5 years. The second most common race or ethnicity in Westville, NJ is black, making up 19.2% of the population. Foreign-born residents account for 5.0% of the population in Westville, NJ, and this percentage has increased by 8.7% 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 | 65.7% | -9.3% |
% Black | 19.2% | 57.4% |
% Hispanic | 9.0% | -25.6% |
% Asian | 2.6% | 62.5% |
% Foreign Born | 5.0% | 8.7% |
Mortgage and Risk — Westville, NJ
According to HUD data as of 2023, there were 141 mortgage originations in Westville, NJ, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Westville, NJ. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 141 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Westville, NJ
As of 2024, the percent of homes in Westville, NJ under the Section 8 program is 15.0%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Westville, NJ, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 299 |
Total Units Section 8 | 292 |
% Rentals under Section 8 | 15.0% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$30 | $1,420 | $1,390 |
| 2 Bedroom | $60 | $1,600 | $1,660 |
| 3 Bedroom | -$300 | $2,300 | $2,000 |
| 4 Bedroom | -$430 | $2,700 | $2,270 |
Affordability — Westville, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $278,000 |
| Median Household Income | $70,300 |