Port Norris, NJ—08345
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Port Norris, NJ
Home Price Trends — Port Norris, NJ
As of Oct '25, the median home price in Port Norris, NJ is $225,000, with a year-over-year change of -5.0%. This indicates that home prices in Port Norris, NJ are decreasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $225,000 | -5.0% |
| Single Family | $225,000 | -5.5% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Port Norris, NJ
Port Norris, 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 — Port Norris, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Port Norris, NJ is 56. This is a decrease of -1.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $250,000 | -33.0% |
Listing Count | 6 | -12.0% |
| Listings as % of Homes | 2.0% | -12.0% |
Days on Market | 56 | -1.0% |
Demographics — Port Norris, NJ
As of the latest ACS Survey released in 2023, Port Norris, NJ has a population of 801, which has increased by 41.5% over the past 5 years. Port Norris, NJ is a moderately popular place for families, as children make up 16.7% of the population. The area has a poorly educated workforce, with 14.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 801 | 41.5% |
% Under 18 | 16.7% | -16.5% |
% Seniors | 39.8% | 136.9% |
% WFH | 3.4% | -35.8% |
% w/ College Degree | 14.8% | -15.4% |
As of the latest ACS Survey released in 2023, Port Norris, NJ is a predominantly white area, with 92.1% of the population identifying as white. The white population has grown by 7.5% in the last 5 years. The second most common race or ethnicity in Port Norris, NJ is hispanic, making up 3.6% of the population. Foreign-born residents account for 2.9% of the population in Port Norris, NJ, and this percentage has increased by 81.2% 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 | 92.1% | 7.5% |
% Black | 0.7% | -92.9% |
% Hispanic | 3.6% | 300.0% |
% Asian | 1.0% | -9.1% |
% Foreign Born | 2.9% | 81.2% |
Mortgage and Risk — Port Norris, NJ
According to HUD data as of 2023, there were 18 mortgage originations in Port Norris, NJ, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Port Norris, NJ. Investor activity is low, as 6.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 18 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 6.0% |
% Second Loans | 22.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Port Norris, NJ
Port Norris, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 3.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,400 |
| 2 Bedroom | N/A | N/A | $1,750 |
| 3 Bedroom | N/A | N/A | $2,380 |
| 4 Bedroom | N/A | N/A | $2,400 |
Affordability — Port Norris, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $225,000 |
| Median Household Income | $64,100 |