Pitman, New Jersey.
Typical home $360,723 (+4.7% in a year), asking rent $2,030 . Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro.
to buy the typical home at today's mortgage rate — +$1,162 (+159%) since Jan 2020.
- 1 year
- Up $16,155 +5%
- $344,568$360,723 since Sep 2025
- 5 years
- Up $106,642 +42%
- $254,081$360,723 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Pitman$1,893
- New Jersey$3,019
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 10 years.
Typical home values in Pitman, NJ rose 4.7% over the past year — faster than the nation's +1.2%.
Living in Pitman, Gloucester County, New Jersey
Pitman is a borough of 8,780 people in Gloucester County. Half its households earn more than $98,489 a year and half less, against $105,115 across Gloucester County; 3% of its people live below the poverty line. 74% of its homes are lived in by their owners and 26% are rented. Unemployment in Gloucester County was 4.6% in August 2026, and the county had 2.9% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Pitman is a small borough in Gloucester County, home to a settled, mostly owner-occupied community. Most homes are lived in by their owners, incomes run a little below the county's, and few residents live below the poverty line. Adults here are more likely than not to hold a four-year degree, and the typical home value sits well above the typical monthly rent. Winters are cold, with January the coldest month and highs and lows staying close to freezing, while July brings the warmest weather of the year.
Work. Many residents work in schools, hospitals and social care, with shops, professional and business services, and the building trades also employing a good number. The largest workplaces in the borough include United Methodist Communities Pitman, the Pitman Boro School District and Compressed Air Equipment. Unemployment across Gloucester County is lower than a year ago, and the county has added jobs. Commutes are fairly long, and a noticeable group of residents work from home.
Things to do. Pitman sits within reach of Philadelphia's cultural sites, though each is a longer drive away. Independence Hall, an archaeological site and one of the best known places in the region, is among them, as is the Philadelphia Museum of Art. Sports fans can head to Lincoln Financial Field, a stadium, and anyone drawn to the water can visit the Delaware River, also a longer drive away.
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- 3,621households
- 44%of adults have a degree
- 3%below the poverty line
- 28 mintypical commute
- 16%work from home
What residents work in
Employed residents by industry, from the Census survey. Gloucester County had 128,002 jobs in 2025, 2.9% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 41° and lows near 25°; warmest in July, with highs near 87° and lows near 67°.
Average daily high and low, 1991–2020, at the Glassboro Northeast weather station, 2 miles away (NOAA).
Largest workplaces in Pitman
- United Methodist Communities PitmanAssisted-living facilities without on-site nursing care facilities210
- Pitman Boro School DistrictSchool district198FTE
- Compressed Air EquipmentCommercial and industrial machinery repair and maintenance services42
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 2 workplaces with 20 or more staff, 252 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherrelatively high in parts of PitmanRelatively moderate
- Strong windRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Pitman’s census tracts, against the rest of the country; all of them together, very low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Gloucester County and the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro.
Pitman home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Pitman$360,723
- New Jersey$575,123
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Pitman listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Pitman31.50%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Pitman24
New listings per month
Sellers arriving at the market.
- Pitman10
Zip codes with a Pitman address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Pitman — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.