$5,639 Closing Credit*
$474,900
2,038 SqFt
4 Beds
•2 Full Baths, 1 Partial
Jeffrey Senges, Listing Office: BHHS Fox & Roach-Marlton
Is 08026, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 08026 has remained a Seller's Market.
Key Takeaway
08026 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 08026, NJ
How much do homes in 08026, NJ cost?
Median Sold Price
$389,500
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$64,600(+19.9%)
Key Takeaway
Homes in 08026 have sold for 19.9% more than they did a year ago.
Summary: The median home sold price in 08026 was $389,500 in November 2024, up 19.9% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $336.9K | $300.9K | -10.7% |
| 3 Bedrooms | $257.5K | $370K | +43.7% |
| 4 Bedrooms | $402.5K | $425K | +5.6% |
| 5+ Bedrooms | $460K | $505K | +9.8% |
Summary: 08026 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.7%, 3 bedroom homes increased by 43.7%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 9.8%.
Housing Supply in 08026, NJ
How many homes are available in 08026, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 10 | -41.2% |
Summary: The 08026 real estate market had 10 homes for sale in November 2024, a 41.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 08026 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 2 | -77.8% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 08026, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 08026 in November 2024, down by 77.8% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 08026, NJ
How long does it take to sell a home in 08026, NJ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 17 Days | -7.3% |
Summary: Homes in 08026 had an average of 17 days on market in Nov 2024, down by 7.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 08026 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 08026; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
