Marlton, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Marlton, NJ Real Estate Data

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 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Marlton Housing Market Information

With 10,150 people, 4,108 houses or apartments, and a median cost of homes of $265,804, 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 53.22% of the town's housing units. Other types of housing that are prevalent in Marlton include large apartment complexes or high rise apartments ( 29.41%), row houses and other attached homes ( 13.57%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.79%).

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 68.59% of Marlton's homes, and 57.94% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Marlton's housing was primarily built during this period, from the '40s through the '60s. A full 48.30% of the town's housing hails from this era. Other housing ages represented in Marlton include homes built between 1970-1999 ( 42.69%) and housing constructed between 2000 and later ( 7.17%). There's also some housing in Marlton built before 1939 ( 1.84%).

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 -1.34%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Marlton's appreciation rate, at 3.26%, has been at or slightly above the national average. In the latest quarter, Marlton's appreciation rate has been 0.08%, which annualizes to a rate of 0.32%.

Relative to New Jersey, our data show that Marlton's latest annual appreciation rate is higher 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:
$265,804

Marlton, NJ HOME PRICES

Value Range
> $1,072,000 0.0
$804,001 - $1,072,000 0.1
$536,001 - $804,000 0.2
$429,001 - $536,000 3.9
$322,001 - $429,000 16.3
$214,001 - $322,000 56.0
$107,001 - $214,000 20.5
$54,001 - $107,000 0.0
$0 - $54,000 3.0

Low for NJ
High for Nation

Value Relative to Nation Value Relative to State
20.2976678776515 73.780487804878

Number Of Homes And Apartments:
4,108

Marlton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NJ*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
57.12% 2.65% 6 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,722 / per month

Homeownership Rate

Homeownership
Owners 68.59
Renters 31.41
Vacant 6.76

Housing Market Details

 

Age of Homes

AGE OF Marlton HOMES
2000 or Newer 7.2
1970 - 1999 42.7
1940 - 1969 48.3
1939 or Older 1.8

Types of Homes

TYPE OF Marlton HOMES
Single-Family 53.2
Townhomes 13.6
Small Apt. Buildings 3.8
Apt. Complexes 29.4
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Marlton HOMES
No Bedroom 2.07
1 Bedroom 19.97
2 Bedrooms 15.77
3 Bedrooms 36.97
4 Bedrooms 20.97
5 or more bedrooms 4.24