Richland, NJ—08350
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Richland, NJ
As of Oct '25, the median home price in Richland, NJ is $322,000, with a year-over-year change of -2.0%. This indicates that home prices in Richland, NJ are decreasing. According to Zillow, the 1-year price projection is 4.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $322,000 | -2.0% |
| Single Family | $321,000 | -2.4% |
| 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 — Richland, NJ
Richland, NJ lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,650 | $3,650 |
| 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
No data available
Property Listings — Richland, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Richland, NJ is 62. This is a increase of 12.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $479,000 | 83.0% |
Listing Count | 4 | 22.0% |
| Listings as % of Homes | 1.5% | 22.0% |
Days on Market | 62 | 12.0% |
Demographics — Richland, NJ
As of the latest ACS Survey released in 2023, Richland, NJ has a population of 859, which has increased by 36.6% over the past 5 years. Richland, NJ is a less popular place for families, as children make up 12.8% of the population. The area has a poorly educated workforce, with 18.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 859 | 36.6% |
% Under 18 | 12.8% | -46.0% |
% Seniors | 15.3% | 118.6% |
% WFH | 21.9% | 188.2% |
% w/ College Degree | 18.2% | -46.5% |
As of the latest ACS Survey released in 2023, Richland, NJ is a predominantly white area, with 77.2% of the population identifying as white. The white population has shrunk by 11.9% in the last 5 years. The second most common race or ethnicity in Richland, NJ is hispanic, making up 12.6% of the population. Foreign-born residents account for 8.3% of the population in Richland, NJ, and this percentage has increased by Inf% 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 | 77.2% | -11.9% |
% Black | 9.3% | ∞% |
% Hispanic | 12.6% | 11.5% |
% Asian | 0.0% | N/A |
% Foreign Born | 8.3% | ∞% |
Mortgage and Risk — Richland, NJ
Richland, NJ lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Richland, NJ
Richland, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | ∞% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,300 |
| 2 Bedroom | N/A | N/A | $1,590 |
| 3 Bedroom | N/A | N/A | $2,210 |
| 4 Bedroom | N/A | N/A | $2,380 |
Affordability — Richland, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $322,000 |
| Median Household Income | $153,000 |