Brick, NJ—08724
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Brick, NJ
Home Price Trends — Brick, NJ
As of Oct '25, the median home price in Brick, NJ is $501,000, with a year-over-year change of 3.6%. This indicates that home prices in Brick, NJ are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $501,000 | 3.6% |
| Single Family | $540,000 | 3.6% |
| Condos | $296,000 | 1.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $281,000 | 1.8% |
2 Bed | $358,000 | 0.8% |
3 Bed | $539,000 | 3.9% |
4 Bed | $698,000 | 4.6% |
| 5 Bed | $860,000 | 4.1% |
% of Housing Stock
Rental Trends — Brick, NJ
As of July '25, Rentcast reports the average rent in Brick, NJ is $2,500, with a year-over-year rent change of -21.1%. Per bedroom, the median rent as of July '25 in Brick, NJ is 1-bedrooms: $1,870, 2-bedrooms: $2,320, 3-bedrooms: $3,380, 4-bedrooms: $3,200. The most common rental property sizes in Brick, NJ are 2-bedroom and 1-bedroom, accounting for 39.4% and 29.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,700 | $1,870 |
| 2 Bed Rent | $2,300 | $2,320 |
| 3 Bed Rent | $3,100 | $3,380 |
| 4 Bed Rent | $3,200 | $3,200 |
% of Rental Stock
Property Listings — Brick, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Brick, NJ is 38. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $577,000 | 9.0% |
Listing Count | 190 | 3.0% |
| Listings as % of Homes | 0.8% | 3.0% |
Days on Market | 38 | 0.0% |
Demographics — Brick, NJ
As of the latest ACS Survey released in 2023, Brick, NJ has a population of 41,600, which has increased by 1.6% over the past 5 years. Brick, NJ is a moderately popular place for families, as children make up 17.7% of the population. The area has a moderately educated workforce, with 36.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 41,600 | 1.6% |
% Under 18 | 17.7% | -6.3% |
% Seniors | 22.3% | 11.5% |
% WFH | 8.9% | 128.2% |
% w/ College Degree | 36.1% | 11.1% |
As of the latest ACS Survey released in 2023, Brick, NJ is a predominantly white area, with 77.8% of the population identifying as white. The white population has shrunk by 10.3% in the last 5 years. The second most common race or ethnicity in Brick, NJ is hispanic, making up 11.2% of the population. Foreign-born residents account for 6.7% of the population in Brick, NJ, and this percentage has increased by 17.5% 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 | 77.8% | -10.3% |
% Black | 4.8% | 166.7% |
% Hispanic | 11.2% | 31.8% |
% Asian | 2.3% | 76.9% |
% Foreign Born | 6.7% | 17.5% |
Mortgage and Risk — Brick, NJ
According to HUD data as of 2023, there were 814 mortgage originations in Brick, NJ, of which 85.0% 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 Brick, NJ. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 814 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Brick, NJ
As of 2024, the percent of homes in Brick, NJ under the Section 8 program is 6.3%. 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. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Brick, NJ, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 175 |
Total Units Section 8 | 175 |
% Rentals under Section 8 | 6.3% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $70 | $1,700 | $1,770 |
| 2 Bedroom | -$120 | $2,300 | $2,180 |
| 3 Bedroom | -$200 | $3,100 | $2,900 |
| 4 Bedroom | $30 | $3,200 | $3,230 |
Affordability — Brick, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $501,000 |
| Median Household Income | $98,800 |