Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$418,637+2.2% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 21% have cut their price
Income needed to buy, per year$90,752About 0.9× the local median income ($106,525): affordable for a typical household
Days on market40 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.0%Zillow expects prices to rise slightly
The typical home in Burlington County, NJ is worth $418,637, up 2.2% from a year ago. That is well above what local incomes have historically supported: fair value is about $369,599, so the area is 13.3% overvalued. It is a balanced market, leaning toward buyers: homes take about 40 days to sell, listings are up 25% from a year ago, 21% of listings have had a price cut. Zillow expects prices to rise about 2.0% over the next year. A household needs about $90,752 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $106,525. Typical rent is $2,264 a month, or $2,726 for a house. In the latest IRS figures, 1,993 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$418,637
Change in 1 year
+2.2%
Overvalued %
+13.3%
Show 7 more
Fair home value
$369,599
Change in 5 years
+35.6%
Zillow forecast, next 12 months
+2.0%
Home value to income
3.9×
Monthly mortgage payment (20% down)
$2,269
Income needed to afford it
$90,752
Property tax rate
2.25%
Rent and investing
Typical rent
$2,264
Typical rent for houses
$2,726
Price-to-rent ratio
15.4×
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HUD Fair Market Rent, 2 bedrooms
$1,860
Gross rental yield
6.49%
Cap rate (estimate)
4.22%
Market activity
Listings vs a year ago
+25.1%
Days on market
40
Listings with a price cut
21.4%
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Homes for sale
1,165
Pending sales per 100 listings
56
Asking price per sq ft
$243
People and jobs
Median household income
$106,525
Population change (1 year)
+0.8%
Unemployment rate
5.3%
Show 4 more
Population
481,439
Income adjusted for cost of living
$103,826
Net moves in (IRS)
+1,993
Cost of living (US = 100)
102.6
Schools, risk and environment
School rating (1 to 10)
5.1
FEMA hazard risk score (0 to 100)
93.6
Flood risk score
96.4
Show 3 more
Wildfire risk score
92.2
Walkability (1 to 20)
9.5
Road, rail and air noise
54 dB
Questions people ask
Is Burlington County, NJ overvalued?
Home prices in Burlington County, NJ are well above what local incomes have historically supported: fair value is about $369,599, so the area is 13.3% overvalued.
Is Burlington County, NJ a buyer's or seller's market?
Burlington County, NJ is a balanced market, leaning toward buyers: homes take about 40 days to sell, listings are up 25% from a year ago, 21% of listings have had a price cut.
Are home prices going down in Burlington County, NJ?
Home values in Burlington County, NJ are up 2.2% over the last year. Zillow's forecast for the next 12 months is +2.0%.
How much do you need to earn to buy a home in Burlington County, NJ?
A household needs about $90,752 a year to afford the typical home in Burlington County, NJ at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $106,525.