Market Overview
Home Prices in Runnemede, NJ
The median home value in Runnemede, NJ is $329,295 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.3% compared to a year ago and up 6.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Runnemede are priced20% below average. Runnemede is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro area.
Over the past five years, Runnemede home values have risen by approximately47.2%, reflecting strong long-term appreciation in this market.
Price History
Runnemede Home Price Trend
City Comparison
Runnemede vs. National Median
At $329,295, homes in Runnemede cost 20% below the national median of $410,000. This makes Runnemede a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Runnemede?
20% Down Payment
$65,859
on $329,295
Monthly P&I
$1,717/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,181/mo
incl. taxes & insurance
Income Needed
$87,240
gross annual (30% rule)
10% Down Option
$32,930
+ PMI applies
Loan Amount (20% dn)
$263,436
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Runnemede, NJ?
The median home value in Runnemede is $329,295 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.3% year-over-year.
How much have home prices changed in Runnemede?
Over the past year, home values in Runnemede have increased by 1.3%. Over five years, prices have risen approximately 47.2%.
How much do I need to earn to buy a home in Runnemede?
To comfortably afford the median home price of $329,295 with a 20% down payment ($65,859) at today's rates (6.8%), you'd need a gross annual income of approximately $87,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Runnemede compare to the national average home price?
The national median home value is approximately $410,000. At $329,295, homes in Runnemede are 20% below the national average.
What metro area is Runnemede part of?
Runnemede is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area. Home prices and market conditions can vary across the broader metro region.