Monroeville, NJ—08343
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Monroeville, NJ
As of Oct '25, the median home price in Monroeville, NJ is $381,000, with a year-over-year change of 0.6%. This indicates that home prices in Monroeville, NJ are flat. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $381,000 | 0.6% |
| Single Family | $391,000 | 0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $388,000 | 2.4% |
4 Bed | $547,000 | 3.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Monroeville, NJ
Monroeville, NJ lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Monroeville, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Monroeville, NJ is 39. This is a decrease of -71.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $535,000 | 1.0% |
Listing Count | 18 | 29.0% |
| Listings as % of Homes | 0.8% | 29.0% |
Days on Market | 39 | -71.0% |
Demographics — Monroeville, NJ
As of the latest ACS Survey released in 2023, Monroeville, NJ has a population of 4,440, which has decreased by -16.1% over the past 5 years. Monroeville, NJ is a moderately popular place for families, as children make up 23.4% of the population. The area has a moderately educated workforce, with 35.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,440 | -16.1% |
% Under 18 | 23.4% | 3.5% |
% Seniors | 23.0% | 44.7% |
% WFH | 11.8% | 1,211.1% |
% w/ College Degree | 35.7% | 28.9% |
As of the latest ACS Survey released in 2023, Monroeville, NJ is a predominantly white area, with 89.1% of the population identifying as white. The white population has grown by 0.2% in the last 5 years. The second most common race or ethnicity in Monroeville, NJ is hispanic, making up 5.1% of the population. Foreign-born residents account for 3.2% of the population in Monroeville, NJ, and this percentage has increased by 88.2% 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 | 89.1% | 0.2% |
% Black | 3.6% | 16.1% |
% Hispanic | 5.1% | 2.0% |
% Asian | 1.2% | 33.3% |
% Foreign Born | 3.2% | 88.2% |
Mortgage and Risk — Monroeville, NJ
According to HUD data as of 2023, there were 127 mortgage originations in Monroeville, NJ, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Monroeville, NJ. Investor activity is low, as 0.0% 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 | 127 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Monroeville, NJ
Monroeville, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 1.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,100 |
| 2 Bedroom | N/A | N/A | $2,500 |
| 3 Bedroom | N/A | N/A | $3,010 |
| 4 Bedroom | N/A | N/A | $3,420 |
Affordability — Monroeville, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $381,000 |
| Median Household Income | $144,000 |