$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 October 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
$373,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,000(+6.9%)
Key Takeaway
Homes in 08026 have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in 08026 was $373,000 in October 2024, up 6.9% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $349K | $322.4K | -7.6% |
| 3 Bedrooms | $260K | $346.2K | +33.2% |
| 4 Bedrooms | $445K | $420K | -5.6% |
| 5+ Bedrooms | $460K | $505K | +9.8% |
Summary: 08026 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.6%, 3 bedroom homes increased by 33.2%, 4 bedroom homes decreased 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 20 | -4.8% |
Summary: The 08026 real estate market had 20 homes for sale in October 2024, a 4.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 08026 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 8 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 08026, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in 08026 in October 2024, up by 300.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 0% were sold at asking, and 63% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 41 Days | 53 Days | +30.5% |
Summary: Homes in 08026 had an average of 53 days on market in Oct 2024, up by 30.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 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 October 2024, 8 homes were sold in 08026; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
