Absecon, NJ08201

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$342,000
4.4% YoY Growth
Median Household Income
$72,100
5.6% 5-Year Growth
Days on Market
60
23.0% Longer than last year
Home Price Forecast
5.4%
Median Rent
$1,800
6.2% YoY Growth
1-Bed Rent
$1,740
3.9% YoY Growth
2-Bed Rent
$1,900
7.9% YoY Growth
3-Bed Rent
$2,700
8.0% YoY Growth

Property Listings — Absecon, NJ

As of Oct '25, Realtor.com reports that the median days on market for a home in Absecon, NJ is 60. This is a increase of 23.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$399,000-6.0%
Listing Count
4577.0%
Listings as % of Homes1.2%77.0%
Days on Market
6023.0%
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Demographics — Absecon, NJ

As of the latest ACS Survey released in 2023, Absecon, NJ has a population of 10,100, which has increased by 1.6% over the past 5 years. Absecon, NJ is a moderately popular place for families, as children make up 21.5% of the population. The area has a moderately educated workforce, with 32.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
10,1001.6%
% Under 18
21.5%12.0%
% Seniors
16.7%-14.8%
% WFH
9.1%911.1%
% w/ College Degree
32.2%17.1%
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As of the latest ACS Survey released in 2023, Absecon, NJ is a predominantly white area, with 64.7% of the population identifying as white. The white population has shrunk by 1.8% in the last 5 years. The second most common race or ethnicity in Absecon, NJ is hispanic, making up 15.2% of the population. Foreign-born residents account for 12.5% of the population in Absecon, NJ, and this percentage has increased by 19.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
64.7%-1.8%
% Black
10.7%-30.5%
% Hispanic
15.2%10.9%
% Asian
6.1%35.6%
% Foreign Born
12.5%19.0%
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Mortgage and Risk — Absecon, NJ

According to HUD data as of 2023, there were 153 mortgage originations in Absecon, NJ, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Absecon, 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

MetricZip Code Average
Total Loan Originations
153
% Conventional Loans
73.0%
% Government Loans
27.0%
% Investor Loans
1.0%
% Second Loans
3.0%
% Cash Out Refinance
16.0%

Loan Activity

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Rentals and Section 8 — Absecon, NJ

Absecon, NJ lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
103
Total Units Section 8
87
% Rentals under Section 8
6.1%
% Occupied Section 8
82.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$30$1,740$1,710
2 Bedroom$180$1,900$2,080
3 Bedroom$210$2,700$2,910
4 BedroomN/AN/A$3,210

Affordability — Absecon, NJ

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.9
Median Home Price$342,000
Median Household Income$72,100

Absecon, NJ — ZIP Code Boundary Map

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Frequently Asked Questions