Pointville, NJ—08640
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pointville, NJ
Pointville, NJ lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| 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 — Pointville, NJ
Pointville, 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 — Pointville, NJ
Pointville, NJ lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — Pointville, NJ
As of the latest ACS Survey released in 2023, Pointville, NJ has a population of 8,030, which has increased by 3.6% over the past 5 years. Pointville, NJ is a moderately popular place for families, as children make up 15.6% of the population. The area has a poorly educated workforce, with 15.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,030 | 3.6% |
% Under 18 | 15.6% | 8.3% |
% Seniors | 2.9% | 20.8% |
% WFH | 7.7% | 185.2% |
% w/ College Degree | 15.7% | -3.7% |
As of the latest ACS Survey released in 2023, Pointville, NJ is a predominantly white area, with 37.8% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in Pointville, NJ is black, making up 31.2% of the population. Foreign-born residents account for 13.4% of the population in Pointville, NJ, and this percentage has increased by 20.7% 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 | 37.8% | -1.6% |
% Black | 31.2% | -8.8% |
% Hispanic | 28.7% | 31.1% |
% Asian | 2.0% | 17.6% |
% Foreign Born | 13.4% | 20.7% |
Mortgage and Risk — Pointville, NJ
According to HUD data as of 2023, there were 12 mortgage originations in Pointville, NJ, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Pointville, NJ. Investor activity is low, as 0.0% of loans were by investors. 42.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 12 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 42.0% |
Loan Activity
Rentals and Section 8 — Pointville, NJ
Pointville, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,270 |
| 2 Bedroom | N/A | N/A | $2,700 |
| 3 Bedroom | N/A | N/A | $3,250 |
| 4 Bedroom | N/A | N/A | $3,700 |
Affordability — Pointville, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $98,300 |