Whiting, NJ—08733
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Whiting, NJ
As of Oct '25, the median home price in Whiting, NJ is $364,000, with a year-over-year change of 1.2%. This indicates that home prices in Whiting, NJ are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $364,000 | 1.3% |
| Single Family | $364,000 | 0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $327,000 | -0.6% |
3 Bed | $370,000 | 1.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Whiting, NJ
As of July '25, Rentcast reports the average rent in Whiting, NJ is $2,330, with a year-over-year rent change of -15.9%. Per bedroom, the median rent as of July '25 in Whiting, NJ is 2-bedrooms: $1,700, 3-bedrooms: $2,600, 4-bedrooms: $2,800. The most common rental property sizes in Whiting, NJ are 2-bedroom and 3-bedroom, accounting for 53.7% and 33.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,330 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,700 | $1,700 |
| 3 Bed Rent | $2,600 | $2,600 |
| 4 Bed Rent | $2,800 | $2,800 |
% of Rental Stock
Property Listings — Whiting, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Whiting, NJ is 59. This is a decrease of -12.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $370,000 | 20.0% |
Listing Count | 10 | 186.0% |
| Listings as % of Homes | 0.9% | 186.0% |
Days on Market | 59 | -12.0% |
Demographics — Whiting, NJ
As of the latest ACS Survey released in 2023, Whiting, NJ has a population of 2,860, which has increased by 5.6% over the past 5 years. Whiting, NJ is a moderately popular place for families, as children make up 22.4% of the population. The area has a poorly educated workforce, with 18.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,860 | 5.6% |
% Under 18 | 22.4% | -15.8% |
% Seniors | 16.4% | 82.2% |
% WFH | 6.6% | -32.7% |
% w/ College Degree | 18.3% | 1.1% |
As of the latest ACS Survey released in 2023, Whiting, NJ is a predominantly white area, with 65.4% of the population identifying as white. The white population has shrunk by 12.0% in the last 5 years. The second most common race or ethnicity in Whiting, NJ is hispanic, making up 16.3% of the population. Foreign-born residents account for 8.2% of the population in Whiting, NJ, and this percentage has decreased by 28.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 65.4% | -12.0% |
% Black | 8.9% | 32.8% |
% Hispanic | 16.3% | 9.4% |
% Asian | 4.6% | -13.2% |
% Foreign Born | 8.2% | -28.7% |
Mortgage and Risk — Whiting, NJ
According to HUD data as of 2023, there were 51 mortgage originations in Whiting, NJ, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Whiting, NJ. Investor activity is low, as 4.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 51 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Whiting, NJ
Whiting, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 16 |
Total Units Section 8 | 16 |
% Rentals under Section 8 | 3.2% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,480 |
| 2 Bedroom | $120 | $1,700 | $1,820 |
| 3 Bedroom | -$180 | $2,600 | $2,420 |
| 4 Bedroom | -$100 | $2,800 | $2,700 |
Affordability — Whiting, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $364,000 |
| Median Household Income | $80,800 |