Egg Harbor Township, NJ—08234
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Egg Harbor Township, NJ
As of Oct '25, the median home price in Egg Harbor Township, NJ is $400,000, with a year-over-year change of 6.0%. This indicates that home prices in Egg Harbor Township, NJ are increasing. According to Zillow, the 1-year price projection is 5.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $400,000 | 6.0% |
| Single Family | $418,000 | 5.8% |
| Condos | $187,000 | 1.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $155,000 | 2.6% |
2 Bed | $216,000 | 1.4% |
3 Bed | $373,000 | 4.8% |
4 Bed | $498,000 | 7.1% |
| 5 Bed | $546,000 | 6.8% |
% of Housing Stock
Rental Trends — Egg Harbor Township, NJ
As of July '25, Rentcast reports the average rent in Egg Harbor Township, NJ is $2,600, with a year-over-year rent change of 2.4%. Per bedroom, the median rent as of July '25 in Egg Harbor Township, NJ is 1-bedrooms: $1,720, 2-bedrooms: $1,960, 3-bedrooms: $2,730, 4-bedrooms: $3,260. The most common rental property sizes in Egg Harbor Township, NJ are 2-bedroom and 3-bedroom, accounting for 52.2% and 28.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,600 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,640 | $1,720 |
| 2 Bed Rent | $1,950 | $1,960 |
| 3 Bed Rent | $2,850 | $2,730 |
| 4 Bed Rent | $3,200 | $3,260 |
% of Rental Stock
Property Listings — Egg Harbor Township, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Egg Harbor Township, NJ is 40. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $465,000 | 13.0% |
Listing Count | 206 | 18.0% |
| Listings as % of Homes | 0.9% | 18.0% |
Days on Market | 40 | 0.0% |
Demographics — Egg Harbor Township, NJ
As of the latest ACS Survey released in 2023, Egg Harbor Township, NJ has a population of 46,900, which has increased by 11.3% over the past 5 years. Egg Harbor Township, NJ is a moderately popular place for families, as children make up 23.3% of the population. The area has a moderately educated workforce, with 34.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 46,900 | 11.3% |
% Under 18 | 23.3% | -7.9% |
% Seniors | 16.0% | 18.5% |
% WFH | 10.2% | 251.7% |
% w/ College Degree | 34.8% | 9.4% |
As of the latest ACS Survey released in 2023, Egg Harbor Township, NJ is a predominantly white area, with 56.4% of the population identifying as white. The white population has shrunk by 5.5% in the last 5 years. The second most common race or ethnicity in Egg Harbor Township, NJ is hispanic, making up 16.3% of the population. Foreign-born residents account for 16.7% of the population in Egg Harbor Township, NJ, and this percentage has increased by 3.1% 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 | 56.4% | -5.5% |
% Black | 9.5% | 11.8% |
% Hispanic | 16.3% | -9.4% |
% Asian | 12.7% | 12.4% |
% Foreign Born | 16.7% | 3.1% |
Mortgage and Risk — Egg Harbor Township, NJ
According to HUD data as of 2023, there were 781 mortgage originations in Egg Harbor Township, NJ, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Egg Harbor Township, NJ. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 781 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Egg Harbor Township, NJ
As of 2024, the percent of homes in Egg Harbor Township, NJ under the Section 8 program is 7.8%. 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 Egg Harbor Township, 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 | 228 |
Total Units Section 8 | 206 |
% Rentals under Section 8 | 7.8% |
% Occupied Section 8 | 93.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$90 | $1,640 | $1,550 |
| 2 Bedroom | -$70 | $1,950 | $1,880 |
| 3 Bedroom | -$220 | $2,850 | $2,630 |
| 4 Bedroom | -$300 | $3,200 | $2,900 |
Affordability — Egg Harbor Township, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $400,000 |
| Median Household Income | $96,600 |