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Merchantville, NJ

Full City Profile · New Jersey · Gloucester County County

3.5 /5.0
B+ Good
3,815 Population 6,466/sq mi density
$91,607 Median Income $45,634 per capita
$316,300 Home Value $349,856 Zillow
$1,097 Median Rent 34.3% income on rent
55°F Avg Temperature 293 sunny days/yr
108 Violent Crime/100K 1,600 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$91,607 median income, 2.4% unemployment
A+
Affordability
4.7 / 5.0
$316,300 home value, $1,097/mo rent
F
Safety
1.0 / 5.0
108 violent crimes/100K
B+
Education
4.0 / 5.0
37.0% bachelor's degree or higher

Housing Overview

Median Home Value
$316,300
12% above
US avg: $281,900
Median Rent
$1,097/mo
6% below
US avg: $1,163/mo
Homeownership Rate
62.1%
5% below US avg (65.4%)
Total Housing Units
1,617
Median year built: 1938

Home Value by Source

Census Median
$316,300
Zillow (ZHVI)
$349,856
Median Sale Price
$402,000
Median List Price
$407,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

62.1%
Owner-Occupied
37.9%
Renter-Occupied
62%
38%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent: $1,097/mo

Market Indicators (Redfin)

Median Days on Market
52 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$157
Active Inventory
5
homes for sale

Affordability & Housing Stock

Rent Burden
34.3%
of renters spending 30%+ of income on housing
11% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
62.1%

Complete Housing Data

Home Values

Census Median Value$316,300
Zillow Home Value (ZHVI)$349,856
Median Sale Price$402,000
Median List Price$407,450
Price Per Sq Ft$157

Rent

Census Median Rent$1,097
FMR Studio$1,599
FMR 1-Bedroom$1,759
FMR 2-Bedroom$2,132
FMR 3-Bedroom$2,658
FMR 4-Bedroom$3,005

Market

Days on Market52
Sale-to-List Ratio1.0%
Price Drops20.0%
Homes Sold2
Active Inventory5
Price Per Sq Ft$157

Ownership & Stock

Owner-Occupied62.1%
Renter-Occupied37.9%
Homeownership Rate62.1%
Total Housing Units1,617
Median Year Built1938
Rent Burden34.3%