$10,000 Closing Credit*
$1,750,000
6,600 SqFt
7 Beds
•6 Full Baths, 1 Partial
Naoji Moriuchi, Listing Office: Compass New Jersey, LLC - Moorestown
Is 08010, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 08010 has remained a Seller's Market.
Key Takeaway
08010 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 08010, NJ
How much do homes in 08010, NJ cost?
Median Sold Price
$288,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$5,500(-1.9%)
Key Takeaway
Homes in 08010 have sold for 1.9% less than they did a year ago.
Summary: The median home sold price in 08010 was $288,000 in December 2024, down 1.9% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $165K | +22.2% |
| 2 Bedrooms | $207.5K | $220K | +6.0% |
| 3 Bedrooms | $325K | $335K | +3.1% |
| 4 Bedrooms | $335K | $370K | +10.4% |
| 5+ Bedrooms | $300K | $418K | +39.3% |
Summary: 08010 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 39.3%.
Housing Supply in 08010, NJ
How many homes are available in 08010, NJ?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 59 | 44 | -25.4% |
Summary: The 08010 real estate market had 44 homes for sale in December 2024, a 25.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 4 | -33.3% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 24 | 15 | -37.5% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 08010 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 19 | 14 | -26.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 08010, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in 08010 in December 2024, down by 26.3% month-over-month. Of the 14 sold homes, 36% were sold under asking, 14% were sold at asking, and 50% were sold over asking.
Days on Market for 08010, NJ
How long does it take to sell a home in 08010, NJ?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 25 Days | 20 Days | -18.9% |
Summary: Homes in 08010 had an average of 20 days on market in Dec 2024, down by 18.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 08010 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 14 homes were sold in 08010; 86% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
