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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
44
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
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

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 TypeMedian Home ValueYoY % Change
All Homes
$282,0005.0%
Single Family $283,0005.6%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$225,0005.6%
    3 Bed
    		$291,0007.8%
    4 Bed
    		$326,0007.2%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    1.6%
    1 Bedroom
    13.6%
    2 Bedrooms
    13.7%
    3 Bedrooms
    55.3%
    4 Bedrooms
    12.9%
    5+ Bedrooms
    2.8%

    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.

    TypeMedian RentAverage Rent
    Average Rent$2,230$2,290
    Studio Rent N/AN/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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$327,0000.0%
    Listing Count
    		444.0%
    Listings as % of Homes0.6%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.

    MetricLatest CensusYoY % Change
    Population
    		19,0001.9%
    % 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

    MetricLatest Census5-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

    MetricZip 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 SizeHUD PremiumMarket RentMax 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

    Affordability — Pennsauken, NJ

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.7
    Median Home Price$282,000
    Median Household Income$81,300

    Pennsauken, NJ — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Merchantville, NJ

    08109

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    08065

    Camden, NJ

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    Frequently Asked Questions