Ewing, NJ—08638
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Ewing, NJ
Home Price Trends — Ewing, NJ
As of Oct '25, the median home price in Ewing, NJ is $305,000, with a year-over-year change of -1.1%. This indicates that home prices in Ewing, NJ are decreasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $305,000 | -1.1% |
| Single Family | $306,000 | -2.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $253,000 | 0.8% |
3 Bed | $333,000 | 1.8% |
4 Bed | $387,000 | 1.3% |
| 5 Bed | $427,000 | 1.2% |
% of Housing Stock
Rental Trends — Ewing, NJ
As of July '25, Rentcast reports the average rent in Ewing, NJ is $2,130, with a year-over-year rent change of 0.5%. Per bedroom, the median rent as of July '25 in Ewing, NJ is 1-bedrooms: $1,450, 2-bedrooms: $1,790, 3-bedrooms: $2,140, 4-bedrooms: $2,760. The most common rental property sizes in Ewing, NJ are 2-bedroom and 3-bedroom, accounting for 37.4% and 25.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,950 | $2,130 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,400 | $1,450 |
| 2 Bed Rent | $1,750 | $1,790 |
| 3 Bed Rent | $1,950 | $2,140 |
| 4 Bed Rent | $2,600 | $2,760 |
% of Rental Stock
Property Listings — Ewing, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Ewing, NJ is 28. This is a decrease of -6.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $330,000 | -1.0% |
Listing Count | 73 | -3.0% |
| Listings as % of Homes | 0.6% | -3.0% |
Days on Market | 28 | -6.0% |
Demographics — Ewing, NJ
As of the latest ACS Survey released in 2023, Ewing, NJ has a population of 23,400, which has increased by 4.8% over the past 5 years. Ewing, NJ is a moderately popular place for families, as children make up 19.7% of the population. The area has a moderately educated workforce, with 30.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,400 | 4.8% |
% Under 18 | 19.7% | -7.5% |
% Seniors | 14.9% | -2.0% |
% WFH | 10.3% | 930.0% |
% w/ College Degree | 30.9% | 27.7% |
As of the latest ACS Survey released in 2023, Ewing, NJ is a predominantly black area, with 44.0% of the population identifying as black. The black population has grown by 5.3% in the last 5 years. The second most common race or ethnicity in Ewing, NJ is white, making up 31.1% of the population. Foreign-born residents account for 23.6% of the population in Ewing, NJ, and this percentage has increased by 46.6% 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 | 31.1% | -22.3% |
% Black | 44.0% | 5.3% |
% Hispanic | 20.6% | 23.4% |
% Asian | 1.6% | 33.3% |
% Foreign Born | 23.6% | 46.6% |
Mortgage and Risk — Ewing, NJ
According to HUD data as of 2023, there were 265 mortgage originations in Ewing, NJ, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Ewing, NJ. Investor activity is low, as 3.0% 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 | 265 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Ewing, NJ
As of 2024, the percent of homes in Ewing, NJ under the Section 8 program is 10.5%. 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 Ewing, NJ, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 783 |
Total Units Section 8 | 409 |
% Rentals under Section 8 | 10.5% |
% Occupied Section 8 | 93.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $170 | $1,400 | $1,570 |
| 2 Bedroom | $230 | $1,750 | $1,980 |
| 3 Bedroom | $440 | $1,950 | $2,390 |
| 4 Bedroom | $80 | $2,600 | $2,680 |
Affordability — Ewing, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $305,000 |
| Median Household Income | $65,600 |