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Housing in Echelon · A seller's market

A typical Echelon home is worth roughly $431,000

Homes typically sell in 50 days, a little above asking.

Typical home value
$431K
▲ 6.1% in a year · NJ $454K
Estimate
Median sale price
$297K
May 2026 · Redfin
Days on market
50
Slower than NJ (35)
Sale-to-list
101.1%
Homes sell above asking
Homes sold
8
in May · 18 for sale
2-bedroom rent
$2,230
a month, utilities in · HUD
Median tax bill
$7,572
NJ $9,590

What kind of housing town is Echelon?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Renting

A two-bedroom rents for about $2,230

Renters already here pay a median of $1,717, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,720
1 bedroom$1,870
2 bedrooms$2,230
3 bedrooms$2,670
4 bedrooms$2,990
63%
of households rent · NJ 36%
3,873
renter households
54%
of renters spend 30%+ of income on rent · NJ 52%
32%
of the median income, for a two-bedroom
$1,717
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Price trend

Home prices up 72% in 5 years

The federal house price index for the ZIP code around Echelon rose 72% over the past 5 years, faster than across New Jersey (63%). Last year prices rose 6.1%. Carrying the Census median home value forward with that index puts the typical Echelon home at roughly $431,000 today.

Echelon areaNew Jersey
0%+50%+100%+150%+200%200020052010201520202025
+6.1%
past year
+72%
past 5 years
+96%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $431K.

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Echelon, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Market temperature

A seller's market

Supply is tight — about 2.3 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.

Seller’s marketA seller's marketBuyer’sSeller’s

Under ~4 months of supply favors sellers; over ~6 favors buyers.

2.3
months of supply · NJ 3.3
50
days to sell · NJ 35
101.1%
of asking price, at sale
12.5%
sold above asking
35.3%
under contract within 2 weeks
14
new listings in May

Redfin Data Center, all residential sales, May 2026.

Affordability

A typical home costs 5.2 years of income

More than across New Jersey (4.4 years). Try your own numbers below.

You could afford about
$270,000
Typical Echelon home $431K

That’s $160K short of a typical Echelon home.

The typical home, each month
$3,090
Loan $2,130Tax $830Insurance $130

A two-bedroom rents for about $2,230 a month here, $860 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Echelon’s typical property tax (2.30% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

37% of Echelon households own their home

Half of Echelon’s homes were built before 1978.

Owners and renters
Own 37%Rent 63%

New Jersey: 64% own.

1978
typical home built · NJ 1970
$7,572
median property tax bill · NJ $9,590
2.30%
of a home’s value, a year in tax · NJ 2.11%

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Echelon vs. its neighbors

Echelon is the 2nd priciest of 8 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Echelon$431K*+6.1%†$2,230—$82,932
Voorhees$556K+8.9%$2,2307$105,473
Somerdale$356K+5.5%$1,5802$85,625
Gibbsboro$387K+0.3%$2,36054$100,313
Lindenwold$273K+6.1%$1,8701$55,954
Ashland$336K*+4.9%†$2,370—$118,500
Lawnside$309K+4.3%$1,4904$71,607
Cherry Hill$386K*+5.9%†$2,40058$121,502

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Echelon buyers, sellers and renters are saying.

Town Square →
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The data says Echelon is a seller's market. Is that what you’re seeing?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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