What is the median home value in New Hanover Township, NJ?

The median value of owner-occupied homes in New Hanover Township, NJ is $360,200 (±$28,209), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In New Hanover Township, the median home value went from $235,200 in 2015–2019 to $360,200 in 2020–2024 (+53.1%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$360,200 (±$28,209)
Owner-occupied homes
199 (±34)
Most common range
$300,000 to $499,999

Home values in New Hanover Township

Owner-occupied homes by value, 2020–2024
ValueNew Hanover TownshipBurlington CountyNew JerseyUnited States
Less than $50,0002.0% (±3.0 points)2.9%2.5%5.3%
$50,000 to $99,9992.0% (±2.9 points)1.3%1.8%6.1%
$100,000 to $149,9990.0% (±20.1 points)2.8%2.2%6.8%
$150,000 to $199,9997.0% (±5.0 points)7.8%4.3%9.0%
$200,000 to $299,99921.1% (±10.9 points)22.5%12.9%17.8%
$300,000 to $499,99952.8% (±10.1 points)40.5%34.2%26.9%
$500,000 to $999,99913.6% (±7.1 points)19.9%34.5%20.9%
$1,000,000 or more1.5% (±2.1 points)2.4%7.6%7.1%

The most common range is $300,000 to $499,999, 52.8% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

New Hanover Township against Burlington County, its state and the nation

Estimate (90% margin of error)
New Hanover TownshipBurlington CountyNew JerseyUnited States
Median home value$360,200 (±$28,209)$354,000 (±$3,061)$454,400 (±$1,150)$332,700
Owner-occupied homes199 (±34)134,924 (±1,361)2,239,128 (±10,678)84,210,142

In New Hanover Township, the median home value is not measurably different from Burlington County ($354,000).

It is also lower than in New Jersey ($454,400).

It is not measurably different from the national figure ($332,700).

In Burlington County, New Hanover Township ranks 18 of 40 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 395 of 561.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in New Hanover Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$235,200 (±$16,851)$360,200 (±$28,209)+53.1%Up after inflation
Median owner cost with a mortgage$1,949 (±$275)$2,298 (±$333)+17.9%No measurable change after inflation
Median real estate taxes$4,410 (±$281)$4,938 (±$361)+12.0%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near New Hanover Township

Nearest places with a published estimate, compared with New Hanover Township
PlaceDistanceMedian home valueCompared with this place
New Hanover Township—$360,200 (±$28,209)—
Browns Mills2.8 mi$231,600 (±$12,032)Lower
Wrightstown Borough3.1 mi$256,300 (±$63,017)Lower
Pemberton Township4.1 mi$234,500 (±$7,789)Lower
New Egypt4.4 mi$355,700 (±$77,744)Not measurably different
Country Lake Estates4.9 mi$249,100 (±$23,318)Lower
Plumsted Township5.2 mi$451,000 (±$46,604)Higher
North Hanover Township5.3 mi$319,700 (±$87,693)Not measurably different
Pemberton Heights6.6 mi$237,400 (±$19,220)Lower

Nearby places with a measurably lower figure: Browns Mills, NJ ($231,600), Wrightstown Borough, NJ ($256,300), Pemberton Township, NJ ($234,500).

Nearby places with a measurably higher figure: Plumsted Township, NJ ($451,000).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Burlington County, place by place

RankPlaceMedian home value
12Eastampton Township$392,400 (±$33,330)
13Cinnaminson Township$385,800 (±$11,379)
14Riverton Borough$363,000 (±$18,934)
15Westampton Township$361,900 (±$27,180)
16Woodland Township$361,500 (±$20,256)
17Burlington Township$361,100 (±$15,858)
18New Hanover Township$360,200 (±$28,209)
19Mount Laurel Township$357,200 (±$10,904)
20Bordentown Township$355,500 (±$16,345)
21Fieldsboro Borough$350,000 (±$44,757)
22Bordentown$345,500 (±$23,201)
23Delran Township$342,900 (±$13,203)
24Bass River Township$325,600 (±$61,434)

Showing 13 of 40 places in Burlington County, ranked from highest to lowest.

The figures for New Hanover Township include the places inside it that have pages of their own: Fort Dix.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about New Hanover Township

What is the average home value in New Hanover Township, NJ?

The Census Bureau publishes the median: $360,200 (±$28,209) for owner-occupied homes in New Hanover Township (2020–2024 American Community Survey).

Have home values in New Hanover Township gone up?

In New Hanover Township, the median home value went from $235,200 in 2015–2019 to $360,200 in 2020–2024 (+53.1%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in New Hanover Township sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for New Hanover township, Burlington County, New Jersey (county subdivision:51510, in state:34 county:005).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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