Bayville, NJ—08721
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bayville, NJ
As of Oct '25, the median home price in Bayville, NJ is $516,000, with a year-over-year change of 3.6%. This indicates that home prices in Bayville, NJ are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $516,000 | 3.6% |
| Single Family | $522,000 | 3.6% |
| Condos | $339,000 | 2.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $388,000 | 2.1% |
3 Bed | $477,000 | 3.0% |
4 Bed | $640,000 | 4.2% |
| 5 Bed | $681,000 | 4.1% |
% of Housing Stock
Rental Trends — Bayville, NJ
As of July '25, Rentcast reports the average rent in Bayville, NJ is $3,560, with a year-over-year rent change of 3.8%. Per bedroom, the median rent as of July '25 in Bayville, NJ is 2-bedrooms: $3,850, 3-bedrooms: $3,010, 4-bedrooms: $4,870. The most common rental property sizes in Bayville, NJ are 2-bedroom and 1-bedroom, accounting for 39.0% and 23.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,560 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,000 | $3,850 |
| 3 Bed Rent | $2,950 | $3,010 |
| 4 Bed Rent | $4,000 | $4,870 |
% of Rental Stock
Property Listings — Bayville, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Bayville, NJ is 46. This is a increase of 42.0% 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 | $634,000 | 19.0% |
Listing Count | 95 | 10.0% |
| Listings as % of Homes | 1.2% | 10.0% |
Days on Market | 46 | 42.0% |
Demographics — Bayville, NJ
As of the latest ACS Survey released in 2023, Bayville, NJ has a population of 22,500, which has increased by 7.6% over the past 5 years. Bayville, NJ is a moderately popular place for families, as children make up 22.5% of the population. The area has a moderately educated workforce, with 27.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,500 | 7.6% |
% Under 18 | 22.5% | -4.7% |
% Seniors | 17.3% | 5.5% |
% WFH | 8.4% | 71.4% |
% w/ College Degree | 27.7% | 19.9% |
As of the latest ACS Survey released in 2023, Bayville, NJ is a predominantly white area, with 82.6% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Bayville, NJ is hispanic, making up 8.2% of the population. Foreign-born residents account for 6.6% of the population in Bayville, NJ, and this percentage has increased by 4.8% 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 | 82.6% | -3.3% |
% Black | 2.4% | 50.0% |
% Hispanic | 8.2% | -9.9% |
% Asian | 3.9% | 50.0% |
% Foreign Born | 6.6% | 4.8% |
Mortgage and Risk — Bayville, NJ
According to HUD data as of 2023, there were 531 mortgage originations in Bayville, NJ, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Bayville, NJ. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 531 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 1.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Bayville, NJ
Bayville, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 187 |
Total Units Section 8 | 182 |
% Rentals under Section 8 | 15.4% |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,640 |
| 2 Bedroom | $20 | $2,000 | $2,020 |
| 3 Bedroom | -$260 | $2,950 | $2,690 |
| 4 Bedroom | -$1,010 | $4,000 | $2,990 |
Affordability — Bayville, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $516,000 |
| Median Household Income | $104,000 |