Ringoes, NJ—08551
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ringoes, NJ
As of Oct '25, the median home price in Ringoes, NJ is $704,000, with a year-over-year change of 0.5%. This indicates that home prices in Ringoes, NJ are flat. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $704,000 | 0.5% |
| Single Family | $706,000 | 0.3% |
| 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 | $568,000 | 2.9% |
4 Bed | $863,000 | 3.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ringoes, NJ
As of July '25, Rentcast reports the average rent in Ringoes, NJ is $2,900, with a year-over-year rent change of 100.0%. Per bedroom, the median rent as of July '25 in Ringoes, NJ is 2-bedrooms: $2,900. The most common rental property sizes in Ringoes, NJ are 3-bedroom and 1-bedroom, accounting for 29.9% and 28.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,900 | $2,900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,900 | $2,900 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Ringoes, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Ringoes, NJ is 43. This is a increase of 52.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $912,000 | -11.0% |
Listing Count | 20 | -32.0% |
| Listings as % of Homes | 0.9% | -32.0% |
Days on Market | 43 | 52.0% |
Demographics — Ringoes, NJ
As of the latest ACS Survey released in 2023, Ringoes, NJ has a population of 5,950, which has increased by 15.4% over the past 5 years. Ringoes, NJ is a moderately popular place for families, as children make up 16.6% of the population. The area has a highly educated workforce, with 65.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,950 | 15.4% |
% Under 18 | 16.6% | -15.3% |
% Seniors | 12.6% | -25.9% |
% WFH | 24.6% | 219.5% |
% w/ College Degree | 65.2% | 24.0% |
As of the latest ACS Survey released in 2023, Ringoes, NJ is a predominantly white area, with 86.2% of the population identifying as white. The white population has grown by 2.4% in the last 5 years. The second most common race or ethnicity in Ringoes, NJ is hispanic, making up 6.7% of the population. Foreign-born residents account for 8.8% of the population in Ringoes, NJ, and this percentage has increased by 29.4% 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 | 86.2% | 2.4% |
% Black | 0.1% | -96.4% |
% Hispanic | 6.7% | 26.4% |
% Asian | 5.9% | 15.7% |
% Foreign Born | 8.8% | 29.4% |
Mortgage and Risk — Ringoes, NJ
According to HUD data as of 2023, there were 69 mortgage originations in Ringoes, NJ, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Ringoes, NJ. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 69 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Ringoes, NJ
Ringoes, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 1.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,410 |
| 2 Bedroom | $130 | $2,900 | $3,030 |
| 3 Bedroom | N/A | N/A | $3,650 |
| 4 Bedroom | N/A | N/A | $4,020 |
Affordability — Ringoes, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $704,000 |
| Median Household Income | $155,000 |