Gloucester County, New Jersey Housing Market
In Gloucester County, New Jersey, the median home value is $310,400, with a median monthly rent of $1,531. This places Gloucester County at #572 nationally out of 3134 counties by median home value, and #17 within New Jersey.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,117
- Establishments: 7,326
- BLS QCEW, 2025
Housing Supply
- Single-family: 706
- Multi-family: 215
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 125,112 (avg $95,756)
- Outflow: 121,755 (avg $96,398)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Gloucester County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 08066 | 312.8 | +10.25% | 2025 |
| 2 | 08312 | 308.8 | +11.55% | 2025 |
| 3 | 08093 | 328.6 | +16.59% | 2025 |
| 4 | 08051 | 274.9 | +5.44% | 2025 |
| 5 | 08071 | 289.4 | +4.45% | 2025 |
| 6 | 08322 | 310.6 | +2.11% | 2025 |
| 7 | 08028 | 294.8 | +1.22% | 2025 |
| 8 | 08097 | 299.3 | +9.73% | 2025 |
| 9 | 08086 | 266.4 | +8.97% | 2025 |
| 10 | 08080 | 282.1 | +5.83% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Gloucester County Compares
| Metric | Gloucester County | New Jersey Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $310,400 | $430,014 | $227,706 |
| Median Gross Rent | $1,531 | $1,634 | $968 |
| Owner Occupancy Rate | 80.1% | 68.3% | 73.3% |
| Price/Rent Ratio | 16.9 | 21.6 | 18.7 |
Market Analysis
The median home value in Gloucester County is 27.8% below the New Jersey state average and 36.3% above the U.S. national average. The median rent of $1,531/month is 6.3% below the state average.
With a price-to-rent ratio of 16.9, the buy-vs-rent decision in Gloucester County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Gloucester County has an owner-occupancy rate of 80.1%, compared to 68.3% in New Jersey and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Hancock County | Maine | $310,400 | $1,061 |
| Bay County | Florida | $310,500 | $1,484 |
| Douglas County | Oregon | $310,300 | $1,055 |
| Berkeley County | South Carolina | $310,300 | $1,654 |
| Idaho County | Idaho | $310,200 | $789 |
Other Counties in New Jersey
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Atlantic County | $295,000 | $1,376 | 68.7% |
| Camden County | $287,100 | $1,402 | 64.7% |
| Warren County | $346,500 | $1,409 | 75.1% |
| Burlington County | $354,000 | $1,745 | 76.1% |
| Sussex County | $369,400 | $1,585 | 83.7% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).