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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Egg Harbor Township, NJ Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Egg Harbor Township, NJ Housing Market Trends

With a population of 47,946, 16,252 total housing units (homes and apartments), and a median house value of $324,778, Egg Harbor Township real estate values are some of the lowest in New Jersey, although compared to real estate around the nation, Egg Harbor Township homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Egg Harbor Township, accounting for 74.77% of the township's housing units. Other types of housing that are prevalent in Egg Harbor Township include mobile homes or trailers ( 11.02%), large apartment complexes or high rise apartments ( 6.24%), and a few row houses and other attached homes ( 4.24%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Egg Harbor Township. Owner-occupied housing accounts for 83.39% of Egg Harbor Township's homes, and 68.29% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Egg Harbor Township built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Egg Harbor Township built between 2000 and later ( 34.78%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.23%). There's also some housing in Egg Harbor Township built before 1939 ( 6.83%).

Egg Harbor Township Home Appreciation Rates

Real estate appreciation rates in Egg Harbor Township's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.79% during the period.

Appreciation rates are so strong in Egg Harbor Township that despite a nationwide downturn in the housing market, Egg Harbor Township real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Egg Harbor Township appreciation rates continue to be some of the highest in America, at 12.29%, which is higher than appreciation rates in 97.72% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Egg Harbor Township. Egg Harbor Township appreciation rates in the latest quarter were at 6.49%, which equates to an annual appreciation rate of 28.59%.

Importantly, NeighborhoodScout’s exclusive research found that Egg Harbor Township's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.

Relative to New Jersey, our data show that Egg Harbor Township's latest annual appreciation rate is higher than 90% of the other cities and towns in New Jersey.

One very important thing to keep in mind is that these are average appreciation rates for the township. Individual neighborhoods within Egg Harbor Township differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Egg Harbor Township - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Egg Harbor Township real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$324,778

Egg Harbor Township, NJ Home Prices
> $1,632,000
$1,224,001 - $1,632,000
$816,001 - $1,224,000
$653,001 - $816,000
$490,001 - $653,000
$326,001 - $490,000
$163,001 - $326,000
$81,001 - $163,000
$0 - $81,000
0.3%
0.3%
0.4%
0.4%
3.2%
3.2%
3.0%
3.0%
15.2%
15.2%
33.0%
33.0%
31.0%
31.0%
7.0%
7.0%
6.9%
6.9%
0% 100.0%
% of Homes
Very Low

for New jersey

High

for nation

Number of Homes And Apartments:

16,252

Egg Harbor Township Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,143 / per month

Homeownership Rate

Owners
Renters
Vacant
83.4%
83.4%
16.6%
16.6%
8.8%
8.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
34.8%
34.8%
42.2%
42.2%
16.2%
16.2%
6.8%
6.8%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
74.8%
74.8%
4.2%
4.2%
3.7%
3.7%
6.2%
6.2%
11.0%
11.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.1%
1.1%
2.5%
2.5%
23.2%
23.2%
39.4%
39.4%
28.8%
28.8%
4.9%
4.9%
0% 100.0%
% of Homes