Welcome to our 8055 real estate data hub, tailored for investors in Medford Township, NJ. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 8055 in Medford Township, NJ. Discover Section 8 housing opportunities and challenges to maximize your investment potential in BURLINGTON COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Medford Township, NJ real estate investing. Uncover the wealth of information available, and position yourself for success in the Medford Township property market.
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Location Overview
- Zip Code: 8055
- City: Medford Township
- State: NJ
- Metro Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- County Name: BURLINGTON COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $481,713
- Average Home Price (Single Family Homes): $486,367
- Average Monthly Rental Price (All Types): $1,611
- Price-to-Rent Ratio: 25
- Zillow Projected % appreciation from 4/2023-4/2024: 0.3%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,800
- Average 3 Bedroom Section 8 Rental Rates: $2,190
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 22.3
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 18.33
- Number of Units Offered in Section 8 in the County: 581
- Number of Occupied Units in Section 8 in the County: 565
- Percentage of Section 8 Units Occupied in the County: 97.19999695%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 129.65
- Total % Appreciation since 2000 (Government Data): 106.02
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 1.79%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 7.67%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 36.59%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 46.06%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 60.68%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 44.48%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 107.47%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%