Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$381,762+4.0% YoY · prices are rising fast
Market right nowBalanced marketMore homes for sale than last year, 17% have cut their price
Income needed to buy, per year$82,758About 0.8× the local median income ($104,403): affordable for a typical household
Days on market39 daysAbout the same pace as a year ago
Next 12 months+2.0%Zillow expects prices to rise slightly
The typical home in Gloucester County, NJ is worth $381,762, up 4.0% from a year ago. That is well above what local incomes have historically supported: fair value is about $330,997, so the area is 15.3% overvalued. It is a balanced market: homes take about 39 days to sell, listings are up 17% from a year ago, 17% of listings have had a price cut. Zillow expects prices to rise about 2.0% over the next year. A household needs about $82,758 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 $104,403. Typical rent is $2,097 a month, or $2,525 for a house. In the latest IRS figures, 1,403 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
$381,762
Change in 1 year
+4.0%
Overvalued %
+15.3%
Show 7 more
Fair home value
$330,997
Change in 5 years
+38.6%
Zillow forecast, next 12 months
+2.0%
Home value to income
3.7×
Monthly mortgage payment (20% down)
$2,069
Income needed to afford it
$82,758
Property tax rate
2.60%
Rent and investing
Typical rent
$2,097
Typical rent for houses
$2,525
Price-to-rent ratio
15.2×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,860
Gross rental yield
6.59%
Cap rate (estimate)
4.28%
Market activity
Listings vs a year ago
+16.9%
Days on market
39
Listings with a price cut
16.6%
Show 3 more
Homes for sale
656
Pending sales per 100 listings
65
Asking price per sq ft
$223
People and jobs
Median household income
$104,403
Population change (1 year)
+0.4%
Unemployment rate
5.3%
Show 4 more
Population
312,638
Income adjusted for cost of living
$101,757
Net moves in (IRS)
+1,403
Cost of living (US = 100)
102.6
Schools, risk and environment
School rating (1 to 10)
4.8
FEMA hazard risk score (0 to 100)
86.6
Unhealthy air days a year
3
Show 4 more
Flood risk score
87.9
Wildfire risk score
79.7
Walkability (1 to 20)
10.1
Road, rail and air noise
54 dB
Questions people ask
Is Gloucester County, NJ overvalued?
Home prices in Gloucester County, NJ are well above what local incomes have historically supported: fair value is about $330,997, so the area is 15.3% overvalued.
Is Gloucester County, NJ a buyer's or seller's market?
Gloucester County, NJ is a balanced market: homes take about 39 days to sell, listings are up 17% from a year ago, 17% of listings have had a price cut.
Are home prices going down in Gloucester County, NJ?
Home values in Gloucester County, NJ are up 4.0% 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 Gloucester County, NJ?
A household needs about $82,758 a year to afford the typical home in Gloucester County, NJ at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $104,403.