Pitman, NJ — Momentum Score, Home Values & Best-For

All states·New Jersey·Pitman

Gloucester County · Philadelphia-Camden-Wilmington · population 8,943

InvestorsSmall-town feel

Overview Cost of living Moving guide

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Rising

Momentum score · 0–100

Where Pitman stands

At or near all-time high. averaging 8.4% annual growth over 5 years.

Median home $363,284

1-year +3.0%

5-yr CAGR +8.4%

vs 5-yr peak +0.0%

Population +0.5%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly

Lifestyle scores

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Walkability

25/100

Very car-dependent

Estimated from population density. Higher = denser, more amenities within walking distance.

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Public transit

10/100

Transit limited

Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.

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Remote work fit

62/100

Workable for remote workers

Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent vs buy

Price-to-rent ratio: 14.4

Buy

At a 14.4 price-to-rent ratio, buying generally beats renting in Pitman on a long-enough horizon. The headline math is that one year of mortgage payments approximates 14.4 years of rent — well below the 15+ threshold where ownership starts to dominate.

How the momentum score breaks down

methodology →

Home YoY

65 · w22%

Home 5-yr CAGR

81 · w22%

Distance from peak

90 · w18%

Population growth

54 · w16%

Home 10-yr CAGR

75 · w10%

Long thesis

Pitman has averaged 8.4% annual appreciation over five years and the trend is still live (+3.0% in the last 12 months). When a momentum trade keeps working, the simplest explanation is usually correct: more people want in.

Short thesis

Pitman's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Pitman

Pitman is a city in Gloucester County, New Jersey, with an estimated population of 8,943. It anchors the Philadelphia-Camden-Wilmington metro area. The median home value in Pitman is $363,284 as of 2026-04, up 3.0% over the last 12 months. Over the last five years, home values have averaged +8.4% annual growth, with prices at or near the 5-year peak. Rents in Pitman average $2,109 per month. The composite momentum score is 73 of 100 (Rising). The market is healthy with prices supported by underlying demand.

▲ Bull case

●Multi-year compounder: home values up an average 8.4% per year over the last 5 years — sustained, not a one-year pop.

●Quiet strength: +3.0% over the trailing year — not a melt-up, but the market is bid.

●Held the highs: currently +0.0% from the 5-year peak — this market refused to give back gains.

▼ Bear case

○Thin housing market: small population means fewer transactions and slower resale. Liquidity risk on exit.

○Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for Gloucester County right now.

NWS active alerts (NJ)New Jersey Emergency Management How to prepare (NWS)

Public-safety links are official .gov sources, not curated by us. Gloucester County routes NWS alerts; check the state EM portal for non-weather emergencies.