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Home values, rents and more in ZIP code 08109 (Merchantville, NJ)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$351,000
Metro: $386,000 · U.S.: $366,000
Home values, past year
+7.5%
Metro: +2.5% · U.S.: +1.2%
Population
24,022
ACS 2020–24
Median household income
$90,242
Metro: $91,289 · U.S.: $80,734
ZIP codes around 08109, shaded by typical home value0810908057080030807708110080020803419148191241914508033080521913408104
  • Under $180k
  • $180k–$300k
  • $300k–$350k
  • $350k–$440k
  • $440k+
  • No data
ZIP codes around 08109, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 08109 is outlined.

How 08109 compares

The typical home in ZIP code 08109 (Merchantville, NJ) is worth about $351,000, according to the Zillow Home Value Index for September 2026. Home values in 08109 are 9% below the typical value in the Philadelphia metro area ($386,000) and 4% below the U.S. typical value ($366,000).

Over the past year, home values in 08109 rose 7.5%, compared with +2.5% in the Philadelphia metro area and +1.2% nationally.

The median household income is $90,242, against $91,289 in the Philadelphia metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 24,022 people live in 08109 (American Community Survey 2020–24).

08109 has the 112th-lowest typical home value of the 332 ZIP codes in the Philadelphia metro area and the 72nd-lowest of 546 in New Jersey with Zillow figures.

Part of: Merchantville, NJ · Camden County, NJ · Philadelphia metro area · New Jersey

More for 08109 in ProMap Plus

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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