Haddonfield, 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 Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

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

Haddonfield, NJ Housing Market Trends

With 11,317 people, 4,117 houses or apartments, and a median cost of homes of $583,200, real estate costs in Haddonfield are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive New Jersey communities.

Single-family detached homes are the single most common housing type in Haddonfield, accounting for 77.71% of the borough's housing units. Other types of housing that are prevalent in Haddonfield include large apartment complexes or high rise apartments ( 8.19%), duplexes, homes converted to apartments or other small apartment buildings ( 6.99%), and a few row houses and other attached homes ( 6.81%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Haddonfield. Owner-occupied housing accounts for 85.01% of Haddonfield's homes, and 63.91% have either three or four bedrooms, which is average sized relative to America.

The housing in Haddonfield was primarily built before 1939 ( 53.66%), making the housing stock in Haddonfield some of the oldest overall in America, although there is a range of ages of homes in Haddonfield. The next most important housing age is between 1940-1969 ( 29.60%), followed by between 1970-1999 ( 9.13%). There's also some housing in Haddonfield built between 2000 and later ( 7.61%).

Haddonfield Home Appreciation Rates

Real estate appreciation rates in Haddonfield's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 3.30% during the period.

NeighborhoodScout's data show that during the latest twelve months, Haddonfield's appreciation rate, at 8.97%, has been at or slightly above the national average. In the latest quarter, Haddonfield's appreciation rate has been 3.48%, which annualizes to a rate of 14.66%.

Relative to New Jersey, our data show that Haddonfield's latest annual appreciation rate is lower than 50% 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 borough. Individual neighborhoods within Haddonfield differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Haddonfield - 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 Haddonfield real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$583,200

Haddonfield, NJ HOME PRICES

> $1,204,000
8.1%
8.1%
$903,001 - $1,204,000
11.5%
11.5%
$602,001 - $903,000
32.7%
32.7%
$482,001 - $602,000
18.4%
18.4%
$361,001 - $482,000
15.7%
15.7%
$241,001 - $361,000
8.7%
8.7%
$120,001 - $241,000
3.4%
3.4%
$60,001 - $120,000
0.7%
0.7%
$0 - $60,000
0.8%
0.8%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

High for NJ

Value Relative To Nation

Number Of Homes And Apartments:
4,117

Haddonfield Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NJ*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
114.77% 3.62%
9
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,901 / per month

Homeownership Rate

Owners
85.0%
85.0%
Renters
15.0%
15.0%
Vacant
5.6%
5.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
7.6%
7.6%
1970 - 1999
9.1%
9.1%
1940 - 1969
29.6%
29.6%
1939 or Older
53.7%
53.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
77.7%
77.7%
Townhomes
6.8%
6.8%
Small Apt. Buildings
7.0%
7.0%
Apt. Complexes
8.2%
8.2%
Mobile Homes
0.3%
0.3%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.1%
1.1%
1 Bedroom
8.8%
8.8%
2 Bedrooms
9.2%
9.2%
3 Bedrooms
34.8%
34.8%
4 Bedrooms
29.1%
29.1%
5 or more bedrooms
17.1%
17.1%
0.0% 100.0%
% OF HOMES