Marlton, 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 Q1 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

Marlton, NJ Housing Market Trends

With 10,150 people, 4,016 houses or apartments, and a median cost of homes of $278,772, Marlton real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Marlton, accounting for 48.74% of the town's housing units. Other types of housing that are prevalent in Marlton include large apartment complexes or high rise apartments ( 31.89%), row houses and other attached homes ( 12.99%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.39%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Marlton. Owner-occupied housing accounts for 65.14% of Marlton's homes, and 57.27% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Marlton 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 Marlton built between 1940-1969 ( 42.32%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.31%).

Marlton Home Appreciation Rates

Marlton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Marlton during the period has been just 1.70%, which is lower than 80% of US communities.

Over the last year, Marlton appreciation rates have trailed the rest of the nation. In the last twelve months, Marlton's appreciation rate has been 5.57%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Marlton were at 1.46%, which equates to an annual appreciation rate of 5.97%.

Relative to New Jersey, our data show that Marlton'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 town. Individual neighborhoods within Marlton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Marlton - 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 Marlton real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$278,772

Marlton, NJ HOME PRICES

> $1,136,000
0.0%
0.0%
$853,001 - $1,136,000
0.2%
0.2%
$568,001 - $853,000
1.6%
1.6%
$454,001 - $568,000
1.3%
1.3%
$341,001 - $454,000
20.8%
20.8%
$227,001 - $341,000
49.5%
49.5%
$114,001 - $227,000
23.3%
23.3%
$56,001 - $114,000
1.0%
1.0%
$0 - $56,000
2.2%
2.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Low for NJ

Value Relative To Nation

Number Of Homes And Apartments:
4,016

Marlton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NJ*
Compared To
America*
Latest Quarter:
2020 Q4 - 2021 Q1
Last 12 Months:
2020 Q1 - 2021 Q1
Last 2 Years:
2019 Q1 - 2021 Q1
Last 5 Years:
2016 Q1 - 2021 Q1
Last 10 Years:
2011 Q1 - 2021 Q1
Since 2000:
2000 Q1 - 2021 Q1
76.66% 2.71%
5
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,826 / per month

Homeownership Rate

Owners
65.1%
65.1%
Renters
34.9%
34.9%
Vacant
9.3%
9.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
8.3%
8.3%
1970 - 1999
48.6%
48.6%
1940 - 1969
42.3%
42.3%
1939 or Older
0.8%
0.8%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
48.7%
48.7%
Townhomes
13.0%
13.0%
Small Apt. Buildings
6.4%
6.4%
Apt. Complexes
31.9%
31.9%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.7%
1.7%
1 Bedroom
20.1%
20.1%
2 Bedrooms
18.4%
18.4%
3 Bedrooms
36.4%
36.4%
4 Bedrooms
20.9%
20.9%
5 or more bedrooms
2.5%
2.5%
0.0% 100.0%
% OF HOMES