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Willingboro Township, NJ—08046

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$350,000
1.6% YoY Growth
Household Income
$91,400
23.4% YoY Growth
Days on Market
42
5.0% Longer YoY
Home Price Forecast
2.9%
Median Rent
$3,200
7.0% YoY Growth
1-Bed Rent
$1,930
N/A
2-Bed Rent
$1,950
7.7% YoY Growth
3-Bed Rent
$2,450
2.5% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Willingboro Township, NJ

As of Dec '25, the median home price in Willingboro Township, NJ is $350,000, with a year-over-year change of 1.6%. This indicates that home prices in Willingboro Township, NJ are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$350,0001.6%
Single Family $350,0001.4%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    $244,0000.8%
    3 Bed
    $353,0001.4%
    4 Bed
    $379,0001.6%
    5 Bed $435,6701.6%
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    % of Housing Stock

    Studio
    0.5%
    1 Bedroom
    1.9%
    2 Bedrooms
    9.4%
    3 Bedrooms
    36.8%
    4 Bedrooms
    46.8%
    5+ Bedrooms
    4.7%

    Rental Trends — Willingboro Township, NJ

    As of July '25, Rentcast reports the average rent in Willingboro Township, NJ is $3,190, with a year-over-year rent change of 7.0%. Per bedroom, the median rent as of July '25 in Willingboro Township, NJ is 1-bedrooms: $1,930, 2-bedrooms: $1,950, 3-bedrooms: $2,680, 4-bedrooms: $3,240. The most common rental property sizes in Willingboro Township, NJ are 4-bedroom and 2-bedroom, accounting for 34.8% and 26.7% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$3,200$3,190
    Studio Rent N/AN/A
    1 Bed Rent $1,930$1,930
    2 Bed Rent $1,950$1,950
    3 Bed Rent $2,450$2,680
    4 Bed Rent $3,300$3,240
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    % of Rental Stock

    Studio
    1.9%
    1 Bedroom
    10.7%
    2 Bedrooms
    26.7%
    3 Bedrooms
    19.3%
    4 Bedrooms
    34.8%
    5+ Bedrooms
    6.7%

    Property Listings — Willingboro Township, NJ

    As of Dec '25, Realtor.com reports that the median days on market for a home in Willingboro Township, NJ is 42. This is a increase of 19.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $377,0000.0%
    Listing Count
    14313.0%
    Listings as % of Homes1.3%13.0%
    Days on Market
    425.0%
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    Demographics — Willingboro Township, NJ

    As of the latest ACS Survey released in 2023, Willingboro Township, NJ has a population of 31,900, which has increased by 1.1% over the past 5 years. Willingboro Township, NJ is a moderately popular place for families, as children make up 20.7% of the population. The area has a moderately educated workforce, with 26.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    31,9001.1%
    % Under 18
    20.7%2.5%
    % Seniors
    17.2%-2.3%
    % WFH
    9.4%224.1%
    % w/ College Degree
    26.2%11.0%
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    As of the latest ACS Survey released in 2023, Willingboro Township, NJ is a predominantly black area, with 68.6% of the population identifying as black. The black population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Willingboro Township, NJ is hispanic, making up 15.2% of the population. Foreign-born residents account for 15.1% of the population in Willingboro Township, NJ, and this percentage has decreased by 0.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    10.0%-28.6%
    % Black
    68.6%-4.1%
    % Hispanic
    15.2%38.2%
    % Asian
    0.7%-50.0%
    % Foreign Born
    15.1%-0.7%
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    Mortgage and Risk — Willingboro Township, NJ

    According to HUD data as of 2023, there were 812 mortgage originations in Willingboro Township, NJ, of which 48.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in Willingboro Township, NJ. Investor activity is low, as 2.0% of loans were by investors. 23.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    812
    % Conventional Loans
    48.0%
    % Government Loans
    52.0%
    % Investor Loans
    2.0%
    % Second Loans
    0.0%
    % Cash Out Refinance
    23.0%
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    Rentals and Section 8 — Willingboro Township, NJ

    As of 2024, the percent of homes in Willingboro Township, NJ under the Section 8 program is 9.8%. 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. In Willingboro Township, NJ, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

    Section 8 Market Size

    Total Units under HUD
    207
    Total Units Section 8
    207
    % Rentals under Section 8
    9.8%
    % Occupied Section 8
    100.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$130$1,930$2,060
    2 Bedroom$510$1,950$2,460
    3 Bedroom$510$2,450$2,960
    4 Bedroom$70$3,300$3,370

    Affordability — Willingboro Township, NJ

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.2
    Median Home Price$350,000
    Median Household Income$91,400

    Willingboro Township, NJ — ZIP Code Boundary Map

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