Hightstown, NJ—08520
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hightstown, NJ
As of Oct '25, the median home price in Hightstown, NJ is $461,000, with a year-over-year change of 0.7%. This indicates that home prices in Hightstown, NJ are flat. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $461,000 | 0.7% |
| Single Family | $516,000 | 1.0% |
| Condos | $267,000 | 4.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $198,000 | 5.3% |
2 Bed | $336,000 | 2.4% |
3 Bed | $468,000 | 1.5% |
4 Bed | $667,000 | 2.5% |
| 5 Bed | $812,000 | 2.9% |
% of Housing Stock
Rental Trends — Hightstown, NJ
As of July '25, Rentcast reports the average rent in Hightstown, NJ is $2,900, with a year-over-year rent change of 14.2%. Per bedroom, the median rent as of July '25 in Hightstown, NJ is studios: $2,580, 1-bedrooms: $1,800, 2-bedrooms: $2,400, 3-bedrooms: $3,660, 4-bedrooms: $3,750. The most common rental property sizes in Hightstown, NJ are 1-bedroom and 2-bedroom, accounting for 48.0% and 37.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,550 | $2,900 |
| Studio Rent | $2,580 | $2,580 |
| 1 Bed Rent | $1,760 | $1,800 |
| 2 Bed Rent | $2,300 | $2,400 |
| 3 Bed Rent | $3,300 | $3,660 |
| 4 Bed Rent | $3,700 | $3,750 |
% of Rental Stock
Property Listings — Hightstown, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Hightstown, NJ is 53. This is a increase of 83.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $454,000 | -4.0% |
Listing Count | 92 | 27.0% |
| Listings as % of Homes | 0.5% | 27.0% |
Days on Market | 53 | 83.0% |
Demographics — Hightstown, NJ
As of the latest ACS Survey released in 2023, Hightstown, NJ has a population of 29,300, which has increased by 8.2% over the past 5 years. Hightstown, NJ is a moderately popular place for families, as children make up 22.7% of the population. The area has a highly educated workforce, with 45.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,300 | 8.2% |
% Under 18 | 22.7% | -3.8% |
% Seniors | 14.5% | -0.7% |
% WFH | 18.0% | 239.6% |
% w/ College Degree | 45.8% | -7.1% |
As of the latest ACS Survey released in 2023, Hightstown, NJ is a predominantly white area, with 44.0% of the population identifying as white. The white population has shrunk by 9.7% in the last 5 years. The second most common race or ethnicity in Hightstown, NJ is hispanic, making up 24.9% of the population. Foreign-born residents account for 32.1% of the population in Hightstown, NJ, and this percentage has increased by 1.3% 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 | 44.0% | -9.7% |
% Black | 8.7% | -11.2% |
% Hispanic | 24.9% | 6.9% |
% Asian | 19.1% | 9.8% |
% Foreign Born | 32.1% | 1.3% |
Mortgage and Risk — Hightstown, NJ
According to HUD data as of 2023, there were 371 mortgage originations in Hightstown, NJ, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Hightstown, NJ. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 371 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Hightstown, NJ
As of 2024, the percent of homes in Hightstown, NJ under the Section 8 program is 3.5%. 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 Hightstown, 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 | 302 |
Total Units Section 8 | 114 |
% Rentals under Section 8 | 3.5% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$90 | $1,760 | $1,670 |
| 2 Bedroom | -$190 | $2,300 | $2,110 |
| 3 Bedroom | -$760 | $3,300 | $2,540 |
| 4 Bedroom | -$840 | $3,700 | $2,860 |
Affordability — Hightstown, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $461,000 |
| Median Household Income | $116,000 |