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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.



Willingboro, 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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

Willingboro, NJ Housing Market Trends

With a population of 32,015, 10,691 total housing units (homes and apartments), and a median house value of $311,016, Willingboro real estate values are some of the lowest in New Jersey, although compared to real estate around the nation, Willingboro homes are still considered rather expensive.

Willingboro is a township of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Willingboro than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Willingboro. Owner-occupied housing accounts for 80.73% of Willingboro's homes, and 84.86% 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. Willingboro's housing was primarily built during this period, from the '40s through the '60s. A full 80.28% of the township's housing hails from this era. Other housing ages represented in Willingboro include homes built between 1970-1999 ( 14.22%) and housing constructed between 2000 and later ( 3.31%). There's also some housing in Willingboro built before 1939 ( 2.20%).

Willingboro Home Appreciation Rates

In the last 10 years, Willingboro has experienced some of the highest home appreciation rates of any community in the nation. Willingboro real estate appreciated 123.69% over the last ten years, which is an average annual home appreciation rate of 8.38%, putting Willingboro in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Willingboro definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Willingboro's appreciation rate, at 6.29%, has been at or slightly above the national average. In the latest quarter, Willingboro's appreciation rate has been 0.82%, which annualizes to a rate of 3.32%.

Relative to New Jersey, our data show that Willingboro's latest annual appreciation rate is higher than 70% 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 Willingboro differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Willingboro - 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 Willingboro real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$311,016

Willingboro, NJ Home Prices
> $1,444,000
$1,083,001 - $1,444,000
$722,001 - $1,083,000
$578,001 - $722,000
$433,001 - $578,000
$289,001 - $433,000
$145,001 - $289,000
$72,001 - $145,000
$0 - $72,000
0.3%
0.3%
0.1%
0.1%
1.8%
1.8%
1.8%
1.8%
11.7%
11.7%
42.0%
42.0%
36.1%
36.1%
2.5%
2.5%
3.7%
3.7%
0% 100.0%
% of Homes
Very Low

for New jersey

High

for nation

Number of Homes And Apartments:

10,691

Willingboro Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,170 / per month

Homeownership Rate

Owners
Renters
80.7%
80.7%
19.3%
19.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
7.9%
7.9%
92.1%
92.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
3.3%
3.3%
14.2%
14.2%
80.3%
80.3%
2.2%
2.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
87.7%
87.7%
8.3%
8.3%
0.2%
0.2%
3.6%
3.6%
0.2%
0.2%
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
0.4%
0.4%
1.3%
1.3%
8.8%
8.8%
37.8%
37.8%
47.0%
47.0%
4.7%
4.7%
0% 100.0%
% of Homes