Pennsauken, NJ 08110 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Pennsauken, NJ—08110

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$282,000

5.0% YoY Growth

Household Income

$81,300

21.6% YoY Growth

Days on Market

4.0% Shorter YoY

Home Price Forecast

3.9%

Median Rent

$2,230

3.6% YoY Growth

1-Bed Rent

$2,100

1.5% YoY Growth

2-Bed Rent

$2,390

5.1% YoY Growth

3-Bed Rent

$2,600

11.9% YoY Growth

Home Price Trends — Pennsauken, NJ

As of Dec '25, the median home price in Pennsauken, NJ is $282,000, with a year-over-year change of 5.0%. This indicates that home prices in Pennsauken, NJ are increasing. According to Zillow, the 1-year price projection is 3.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$282,000	5.0%
Single Family	$283,000	5.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Pennsauken, NJ

As of July '25, Rentcast reports the average rent in Pennsauken, NJ is $2,290, with a year-over-year rent change of 3.6%. Per bedroom, the median rent as of July '25 in Pennsauken, NJ is 1-bedrooms: $1,990, 2-bedrooms: $2,260, 3-bedrooms: $2,820, 4-bedrooms: $3,120. The most common rental property sizes in Pennsauken, NJ are 1-bedroom and 3-bedroom, accounting for 45.6% and 24.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,230	$2,290
Studio Rent	N/A	N/A
1 Bed Rent	$2,100	$1,990
2 Bed Rent	$2,390	$2,260
3 Bed Rent	$2,600	$2,820
4 Bed Rent	$3,250	$3,120

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% of Rental Stock

Studio

5.3%

1 Bedroom

45.6%

2 Bedrooms

20.9%

3 Bedrooms

24.4%

4 Bedrooms

3.8%

Property Listings — Pennsauken, NJ

As of Dec '25, Realtor.com reports that the median days on market for a home in Pennsauken, NJ is 27. This is a increase of 19.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$327,000	0.0%
Listing Count	44	4.0%
Listings as % of Homes	0.6%	4.0%
Days on Market	44	-4.0%

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Demographics — Pennsauken, NJ

As of the latest ACS Survey released in 2023, Pennsauken, NJ has a population of 19,000, which has increased by 1.9% over the past 5 years. Pennsauken, NJ is a moderately popular place for families, as children make up 24.2% of the population. The area has a poorly educated workforce, with 20.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	19,000	1.9%
% Under 18	24.2%	-3.2%
% Seniors	13.8%	26.6%
% WFH	7.2%	500.0%
% w/ College Degree	20.0%	21.2%

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As of the latest ACS Survey released in 2023, Pennsauken, NJ is a predominantly hispanic area, with 46.1% of the population identifying as hispanic. The hispanic population has grown by 2.2% in the last 5 years. The second most common race or ethnicity in Pennsauken, NJ is black, making up 34.6% of the population. Foreign-born residents account for 27.6% of the population in Pennsauken, NJ, and this percentage has increased by 40.8% 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	13.5%	-16.7%
% Black	34.6%	3.9%
% Hispanic	46.1%	2.2%
% Asian	6.9%	-15.9%
% Foreign Born	27.6%	40.8%

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Mortgage and Risk — Pennsauken, NJ

According to HUD data as of 2023, there were 229 mortgage originations in Pennsauken, NJ, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Pennsauken, NJ. Investor activity is low, as 2.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	229
% Conventional Loans	63.0%
% Government Loans	37.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	20.0%

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Rentals and Section 8 — Pennsauken, NJ

As of 2024, the percent of homes in Pennsauken, NJ under the Section 8 program is 9.2%. 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. In Pennsauken, NJ, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	139
Total Units Section 8	139
% Rentals under Section 8	9.2%
% Occupied Section 8	93.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$750	$2,100	$1,350
2 Bedroom	-$780	$2,390	$1,610
3 Bedroom	-$660	$2,600	$1,940
4 Bedroom	-$1,040	$3,250	$2,210

Pennsauken, NJ—08110

Key Metrics at a Glance

Home Price Trends — Pennsauken, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pennsauken, NJ

% of Rental Stock

Property Listings — Pennsauken, NJ

Demographics — Pennsauken, NJ

Race and Ethnicity

Mortgage and Risk — Pennsauken, NJ

Mortgages

Rentals and Section 8 — Pennsauken, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Pennsauken, NJ

Home Price to Income Ratio

Pennsauken, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Merchantville, NJ

Bridesburg, Philadelphia, PA

Palmyra, NJ

Camden, NJ

Bridesburg, Philadelphia, PA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.7
Median Home Price	$282,000
Median Household Income	$81,300

Pennsauken, NJ—08110

Key Metrics at a Glance

Home Price Trends — Pennsauken, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pennsauken, NJ

% of Rental Stock

Property Listings — Pennsauken, NJ

Demographics — Pennsauken, NJ

Race and Ethnicity

Mortgage and Risk — Pennsauken, NJ

Mortgages

Rentals and Section 8 — Pennsauken, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Pennsauken, NJ

Home Price to Income Ratio

Pennsauken, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Merchantville, NJ

Bridesburg, Philadelphia, PA

Palmyra, NJ

Camden, NJ

Bridesburg, Philadelphia, PA

Frequently Asked Questions

What is the average home price in Pennsauken, NJ 08110?

How have home prices in Pennsauken, NJ 08110 changed over the past year?

What is the home price projection for Pennsauken, NJ 08110?

What are the demographics of Pennsauken, NJ 08110?

How long does it take homes to sell in Pennsauken, NJ 08110?

What is the average rent price in Pennsauken, NJ 08110?