Annandale, NJ—08801
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Annandale, NJ
As of Oct '25, the median home price in Annandale, NJ is $606,000, with a year-over-year change of 1.4%. This indicates that home prices in Annandale, 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 | $606,000 | 1.4% |
| Single Family | $687,000 | 1.3% |
| Condos | $382,000 | -13.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $279,000 | 4.5% |
2 Bed | $410,000 | 3.5% |
3 Bed | $588,000 | 3.3% |
4 Bed | $833,000 | 2.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Annandale, NJ
As of July '25, Rentcast reports the average rent in Annandale, NJ is $2,230, with a year-over-year rent change of -22.3%. Per bedroom, the median rent as of July '25 in Annandale, NJ is 1-bedrooms: $2,150, 2-bedrooms: $2,270. The most common rental property sizes in Annandale, NJ are 2-bedroom and 3-bedroom, accounting for 42.6% and 25.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,230 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,150 | $2,150 |
| 2 Bed Rent | $2,100 | $2,270 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Annandale, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Annandale, NJ is 55. This is a increase of 65.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $527,000 | -9.0% |
Listing Count | 30 | 11.0% |
| Listings as % of Homes | 0.4% | 11.0% |
Days on Market | 55 | 65.0% |
Demographics — Annandale, NJ
As of the latest ACS Survey released in 2023, Annandale, NJ has a population of 7,390, which has decreased by -17.8% over the past 5 years. Annandale, NJ is a moderately popular place for families, as children make up 16.5% of the population. The area has a highly educated workforce, with 61.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,390 | -17.8% |
% Under 18 | 16.5% | -13.6% |
% Seniors | 20.5% | 86.4% |
% WFH | 22.4% | 91.5% |
% w/ College Degree | 61.7% | 11.8% |
As of the latest ACS Survey released in 2023, Annandale, NJ is a predominantly white area, with 72.3% of the population identifying as white. The white population has grown by 10.0% in the last 5 years. The second most common race or ethnicity in Annandale, NJ is black, making up 9.5% of the population. Foreign-born residents account for 11.4% of the population in Annandale, NJ, and this percentage has increased by 35.7% 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 | 72.3% | 10.0% |
% Black | 9.5% | -47.5% |
% Hispanic | 8.1% | -22.1% |
% Asian | 5.4% | 1.9% |
% Foreign Born | 11.4% | 35.7% |
Mortgage and Risk — Annandale, NJ
According to HUD data as of 2023, there were 192 mortgage originations in Annandale, NJ, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Annandale, NJ. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 192 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Annandale, NJ
Annandale, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 57 |
Total Units Section 8 | 57 |
% Rentals under Section 8 | 9.4% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$150 | $2,150 | $2,000 |
| 2 Bedroom | $410 | $2,100 | $2,510 |
| 3 Bedroom | N/A | N/A | $3,020 |
| 4 Bedroom | N/A | N/A | $3,330 |
Affordability — Annandale, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $606,000 |
| Median Household Income | $144,000 |