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Housing in Thorofare

A typical Thorofare home is worth roughly $365,000

The median sale price was $305,000 in May 2026.

Typical home value
$365K
▲ 9% in a year · NJ $454K
Estimate
Median sale price
$305K
May 2026 · Redfin
Homes sold
3
in May · 9 for sale
2-bedroom rent
$2,180
a month, utilities in · HUD
Median tax bill
$6,803
NJ $9,590

Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.

What kind of housing town is Thorofare?

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

★ What stands out · Price trend

Home prices up 72% in 5 years

The federal house price index for the ZIP code around Thorofare rose 72% over the past 5 years, faster than across New Jersey (63%). Last year prices rose 9%. Carrying the Census median home value forward with that index puts the typical Thorofare home at roughly $365,000 today.

Thorofare areaNew Jersey
0%+50%+100%+150%+200%200020052010201520202025
+9%
past year
+72%
past 5 years
+88%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $365K.

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

Affordability

A typical home costs 4.1 years of income

About the same as across New Jersey. Try your own numbers below.

You could afford about
$283,000
Typical Thorofare home $365K

That’s $82K short of a typical Thorofare home.

The typical home, each month
$2,650
Loan $1,810Tax $730Insurance $110

A two-bedroom rents for about $2,180 a month here, $470 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Thorofare’s typical property tax (2.41% 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

74% of Thorofare households own their home

Half of Thorofare’s homes were built before 1998.

Owners and renters
Own 74%Rent 27%

New Jersey: 64% own.

1998
typical home built · NJ 1970
$6,803
median property tax bill · NJ $9,590
2.41%
of a home’s value, a year in tax · NJ 2.11%

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

Renting

A two-bedroom rents for about $2,180

Renters already here pay a median of $1,915, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,680
1 bedroom$1,830
2 bedrooms$2,180
3 bedrooms$2,610
4 bedrooms$2,920
27%
of households rent · NJ 36%
321
renter households
56%
of renters spend 30%+ of income on rent · NJ 52%
30%
of the median income, for a two-bedroom
$1,915
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.

Next door

Thorofare vs. its neighbors

Thorofare is the priciest of 5 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Thorofare$365K*+9%†$2,180—$88,438
West Deptford$362K+5.4%$1,93014$93,895
National Park$279K+1.7%$1,69014$82,838
Philadelphia$234K+0.1%$1,7303,366$61,953
Tinicum$207K*+3.1%†$1,7700$53,451

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 Thorofare buyers, sellers and renters are saying.

Town Square →
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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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