Moorestown, Medford, and Mount Laurel are the most expensive towns in Burlington County, with typical home prices ranging from the mid-$300,000s in Mount Laurel to over $2 million for luxury estates in Moorestown. From the historic charm of Moorestown to the sprawling estates of Medford, the premium towns in this county offer exceptional schools, low crime rates, and a quality of life that commands a premium price. Whether you are a buyer trying to understand the market or simply curious about where the area's most valuable properties are located, this guide ranks and profiles the most expensive towns in Burlington County.
As a Redfin Senior Agent with 20 years of experience and over 600 homes sold across Burlington County, I have helped buyers and sellers in every one of these communities. Here is my breakdown of what makes each town expensive, what you get for your money, and who each town is best suited for.
What Are the Most Expensive Towns in Burlington County?
1. Moorestown: The Premier Address
Typical price range: $625,000 to $2,000,000+
Median home value: Approximately $625,000 to $800,000
Moorestown is consistently ranked as the most expensive and most desirable town in Burlington County. It is frequently named one of the best places to live in New Jersey, and for good reason. A charming, walkable downtown with boutique shops, farm-to-table restaurants, and a historic movie theater anchors the community. The schools are among the best in the state, with Moorestown Public Schools consistently ranking in the top tier of New Jersey school districts.
Moorestown's real estate market features a mix of beautifully preserved historic homes dating back to the 18th and 19th centuries, stately Colonials and Tudors on tree-lined streets, and newer luxury construction. The town's strict zoning and historic preservation rules help maintain property values by preventing overdevelopment. The most expensive properties are found in the historic core near Main Street and in neighborhoods like the Hartford section, where estate homes on large lots command seven-figure prices.
Who it is best for: Buyers who want a premier address with a walkable downtown lifestyle, top-ranked schools, and strong property values. Moorestown is ideal for executives, professionals, and families who prioritize school quality and community prestige. It also appeals to buyers who appreciate historic architecture and want a home within walking distance of shops and restaurants.
Explore the Moorestown Living Guide
2. Medford: Room to Roam
Typical price range: $500,000 to $1,200,000+
Median home value: Approximately $580,000 to $650,000
Medford offers a different kind of premium living. While Moorestown is known for its walkable downtown and historic homes, Medford is known for space, land, and equestrian properties. Homes in Medford sit on larger lots than almost any other premium community in the county, and the town has a distinctly rural feel even as it offers excellent schools and easy access to major highways.
Medford's real estate market includes historic homes in Medford Village, equestrian estates with barns and pastures, newer construction in subdivisions like Hartford Village and Presidential Lakes, and the unique log cabin homes of neighboring Medford Lakes. Downtown Medford has a classic small-town feel with its own shops, restaurants, and community events like the Medford Arts Festival and Halloween Parade. The Shawnee High School attendance zone is highly desirable for families.
Who it is best for: Buyers who want space, acreage, and room to spread out. Medford is ideal for horse owners, buyers looking for multi-acre properties, and families who want a rural feel without sacrificing school quality. It also appeals to downsizers moving from larger estates who want a smaller home on a more manageable lot while staying in a premium community.
Explore the Medford Living Guide
3. Mount Laurel: Suburban Excellence
Typical price range: $350,000 to $900,000
Median home value: Approximately $385,000 to $430,000
Mount Laurel is one of Burlington County's most sought-after communities, offering excellent schools, a wide range of housing options, and a prime location near major employment centers and highways. While its median home value is lower than Moorestown and Medford, its most desirable neighborhoods command prices that place it firmly among the county's premium towns.
Mount Laurel's housing stock is diverse, featuring mid-century ranches and split-levels, townhome communities like Laurel Creek and Country Walk, and luxury single-family homes in neighborhoods like Ramblewood. The town benefits from the highly regarded Mount Laurel Schools, extensive shopping at the Centerton Square and Fellowship Road corridors, and proximity to major employers in the Route 38 and 295 corridors. Mount Laurel is also home to Laurel Acres Park, a 50-acre community park with a lake, walking trails, and sports fields.
Who it is best for: Buyers who want excellent schools, convenient commuting, and strong resale value. Mount Laurel offers the best mix of housing options among the premium towns, making it accessible to a wider range of buyers while still offering luxury neighborhoods. It is a favorite with corporate transferees and professionals who work in the Philadelphia and Princeton corridors.
Explore the Mount Laurel Living Guide
4. Marlton (Evesham Township): Family-Focused Luxury
Typical price range: $400,000 to $900,000+
Median home value: Approximately $450,000 to $550,000
Marlton, located within Evesham Township, is one of Burlington County's most popular communities for families. Its schools are highly rated, the housing stock is diverse and well-maintained, and its location provides convenient access to both the Route 73 and Route 70 corridors for commuting and shopping. Marlton is known for its strong sense of community, active sports leagues, and extensive town programs for families.
The housing market in Marlton ranges from mid-century ranches and colonials in established neighborhoods to newer luxury homes in subdivisions like Kings Grants and The Reserve. Recent years have seen significant price appreciation as buyers discover that Marlton offers many of the same benefits as Moorestown and Medford at a slightly more accessible price point. Marlton is also home to the Promenade at Marlton, an upscale shopping and dining destination, and the historic Indian Spring Golf Club.
Who it is best for: Families who want excellent schools, diverse housing options, and a strong community feel. Marlton is ideal for growing families who plan to stay long-term and want access to shopping, dining, and recreation within a short drive. It also appeals to buyers who want a premium address without paying Moorestown-level prices.
Explore the Marlton Living Guide
5. Chesterfield: Rural Prestige
Typical price range: $400,000 to $800,000+
Median home value: Approximately $530,000 to $630,000
Chesterfield Township is a unique entry on this list. It is not expensive because of a walkable downtown or proximity to shopping. It is expensive because of its permanent commitment to farmland preservation and its historic character. With over 7,000 acres of preserved farmland and three historic villages, Chesterfield offers a rural lifestyle that is increasingly rare and valuable.
The housing market includes beautifully preserved historic homes in Crosswicks and Chesterfield Village, newer construction in the Old York Village development, and homes on generous lots with preserved farmland views. The limited housing inventory, combined with the guarantee that the landscape will stay open, creates consistent demand and strong price appreciation. Homes in the Crosswicks historic district are particularly prized for their period details and setting on the National Register village green.
Who it is best for: Buyers who value history, open space, and privacy. Chesterfield is ideal for those who want a historic home or a property with protected rural views and are willing to trade walkable downtown amenities for the peace of preserved farmland.
Explore the Chesterfield Community Guide
6. Hainesport: Space and Value
Typical price range: $350,000 to $650,000
Median home value: Approximately $400,000 to $500,000
Hainesport has become one of Burlington County's more expensive communities as families have discovered its winning formula: excellent schools, larger lots, and a peaceful setting minutes from Mount Laurel and Moorestown. The Hainesport Township School is highly regarded, and the community has consistently ranked among Burlington County's safest towns.
The housing market features generously sized single-family homes on larger lots, townhome communities, and active adult developments. The value proposition in Hainesport is strong: for the price of a smaller home on a smaller lot in Mount Laurel or Moorestown, buyers can often find a larger home on more land in Hainesport. This value gap has driven significant price appreciation over the past several years.
Who it is best for: Families who want space and excellent schools at a better value than the county's top-tier towns. Hainesport is ideal for downsizers and families who want a spacious home on a large lot without the premium prices of Moorestown or Medford.
Explore the Hainesport Relocation Guide
7. Riverton: Historic Riverfront Charm
Typical price range: $350,000 to $700,000
Median home value: Approximately $375,000 to $500,000
Riverton is a small, historic borough along the Delaware River that commands premium prices for its unique character. The entire borough is listed on the National Register of Historic Places, with beautifully preserved Victorian homes featuring wraparound porches, turrets, and intricate woodwork lining tree-shaded streets. Riverton's public library, established in 1902, is the second-oldest public library in Burlington County.
The housing market in Riverton is defined by its historic homes, many of which have been lovingly restored. Inventory is limited due to the borough's small size (just over 2,000 residents), which helps keep prices firm. The K-8 school is part of the Cinnaminson school system, and Riverton's River LINE station provides direct train service to Trenton and Camden, making it a favorite among commuters who value charm and walkability.
Who it is best for: Buyers who value historic architecture, walkability, and small-town character. Riverton is ideal for commuters who want train access and for those who appreciate Victorian-era homes and the lifestyle of a riverfront village.
Explore the Riverton Living Guide
How Much Do Homes Cost in Burlington County's Premium Towns?
What Makes These Towns Expensive?
Several factors drive higher home prices across these premium Burlington County communities:
- School quality: Every town on this list has schools that rank among the best in Burlington County and the state. The Moorestown, Medford, Mount Laurel, Lenape Regional, and Northern Burlington County school districts consistently earn top marks.
- Location and commute: Proximity to the I-95, 295, and Turnpike corridors, along with NJ Transit and PATCO rail access, makes these towns practical for commuters to Philadelphia, New York, and Princeton.
- Low crime rates: Safety is a major driver of property values. Every town on this list has crime rates well below the national and state averages.
- Limited inventory: Zoning restrictions, historic preservation rules, and farmland preservation programs limit new development, which keeps inventory tight and prices high.
- Quality of life: Parks, recreation, community events, walkable downtowns, and active civic organizations make these towns desirable places to live, creating consistent buyer demand.
Is the Premium Worth It?
For buyers who can afford it, the answer is almost always yes. The premium towns in Burlington County offer a combination of school quality, safety, community character, and property value stability that is hard to match. Homes in Moorestown, Medford, and Mount Laurel tend to hold their value well even in down markets, and they typically appreciate faster than the county average during strong markets.
However, every buyer's situation is different. For some buyers, Hainesport or Marlton offers the same quality of schools and community at a more accessible price point. For others, the walkable downtown of Moorestown or the acreage of Medford justifies the premium.
The right decision depends on your priorities, your budget, and your timeline. I help buyers navigate these decisions every day. If you are trying to decide which community is right for you, I would be happy to talk through your options.
Frequently Asked Questions
What is the most expensive town in Burlington County?
Moorestown is consistently the most expensive town in Burlington County, with median home values ranging from approximately $625,000 to $800,000 and luxury estates reaching $2 million or more. Top-ranked schools, a walkable downtown, and historic homes drive the premium pricing.
What makes Moorestown so expensive?
Moorestown offers a combination of top-ranked schools, a historic walkable downtown, strict zoning that limits development, and a highly desirable community reputation. The housing stock includes beautifully preserved historic homes and luxury estates. Its location provides convenient access to Philadelphia, Princeton, and New York.
Which town offers the best value among the expensive towns?
Hainesport and Marlton offer excellent value among the premium towns. Hainesport provides larger lots and more square footage at a lower price point than Moorestown or Medford. Marlton offers many of the same benefits as Moorestown with a wider range of housing options and more accessible pricing.
Is Medford more expensive than Mount Laurel?
Yes, Medford's median home values are higher than Mount Laurel's, typically ranging from $580,000 to $650,000 compared to Mount Laurel's $385,000 to $430,000. However, Medford's prices reflect larger lots and more acreage, so the comparison depends on what type of property you are looking for.
Are the expensive towns worth the premium for families?
For families who can afford them, the premium towns offer exceptional school systems, low crime rates, strong property values, and excellent community amenities. Homes in these towns tend to hold their value well and appreciate faster than the county average. Many families find that the long-term benefits of the schools and community justify the higher upfront cost.
Which town is best for commuters?
Mount Laurel and Moorestown are the best options for commuters. Mount Laurel offers direct highway access to Routes 295, 38, and 73, and is close to PATCO service in Cherry Hill. Moorestown provides convenient access to Route 295 and the New Jersey Turnpike. Riverton offers a River LINE train station for direct service to Trenton and Camden.
Bob Millaway
Redfin Senior Agent · AI Certified Agent™ · 636+ homes sold across Burlington County. I have helped hundreds of families buy and sell homes in every community on this list. Let me help you find the right town for your family.
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