West Creek, NJ08092

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$512,000
2.5% YoY Growth
Median Household Income
$97,100
30.3% 5-Year Growth
Days on Market
N/A
N/A
Home Price Forecast
0.9%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — West Creek, NJ

As of Aug '25 and according to Realtor.com, the median days on market for a home in West Creek, NJ is NA. This is an insufficient data of NA from last year. This indicates that homes are sitting on the market insufficient data to determine a trend than last year. The percentage of listed homes with a reduced price is NA. This is an unknown percentage of inventory, suggesting unknown supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
N/AN/A
Listing Count
N/AN/A
Listings as % of Homes1.4%N/A
Days on Market
N/AN/A
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Demographics — West Creek, NJ

MetricLatest CensusYoY % Change
Population
3,180-8.5%
% Under 18
24.1%28.2%
% Under 5N/AN/A
% Seniors
15.3%-24.6%
% WFH
10.8%107.7%
% w/ College Degree
35.7%24.0%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
92.9%0.0%
% Black
0.0%N/A
% Hispanic
3.3%-21.4%
% Asian
1.2%1,100.0%
% Foreign Born
3.2%-54.3%
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Mortgage and Risk — West Creek, NJ

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in West Creek, NJ in that year was 110. 85.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 59.0%. Of those, 12.0% were >90% loan to value. This is considered elevated, suggesting that mortgage risk is medium in West Creek, NJ. Investor activity in West Creek, NJ is low, as 1.0% of all loans are originated by investors. In 2023, 15.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
110N/AN/A
% Conventional Loans
85.0%N/AN/A
% Government Loans
15.0%N/AN/A
% Investor Loans
1.0%N/AN/A
% Second Loans
5.0%N/AN/A
% Cash Out Refinance
15.0%N/AN/A
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Rentals and Section 8 — West Creek, NJ

As of 2024, the percent of homes in West Creek, NJ under the Section 8 program is 1.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
2
Total Units Section 8
2
% Rentals under Section 8
1.0%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,420
2 BedroomN/AN/A$1,750
3 BedroomN/AN/A$2,330
4 BedroomN/AN/A$2,590

Affordability — West Creek, NJ

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio4.6N/AN/A
Median Home Price$512,000N/AN/A
Median Household Income$97,100N/AN/A

West Creek, NJ — ZIP Code Boundary Map

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