Housing Prices in 08045, NJ

How much do homes in 08045, NJ cost?

Median List Price

$299,900

$192/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$20,000(+7.1%)

Key Takeaway

The list price of homes in 08045 has increased by 7.1% since last year.

Summary: The median home list price in 08045 was $299,900 in November 2024, up 7.1% from the previous year, and the median price per square foot was $192.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $140K$144.9K
+3.5%
3 $262.5K$299.9K
+14.2%
4 $319K$318.5K
-0.2%
5+ $389K$409.9K
+5.4%

Summary: 08045 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 increased by 3.5%, 3 bedroom homes increased by 14.2%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 5.4%.

Median List Price Compared To Nearby Zip Codes

08049
+19.2%
08033
+7.5%
08045
+7.1%
08007
+7.0%
08003
+7.0%

Housing Supply in 08045, NJ

How many homes are available in 08045, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
118-27.3%

Summary: The 08045 real estate market had 8 homes for sale in November 2024, a 27.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 43
-25.0%
4 24
+100.0%
5+ 30
-100.0%

Summary: The 08045 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 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.

Days on Market for 08045, NJ

How long does it take to sell a home in 08045, NJ?

Average Listing Age

Nov 2023Nov 2024CHANGE
90 Days57 Days-36.6%

Summary: Homes in 08045 had an average listing age of 57 days in Nov 2024, down by 36.6% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 08045, NJ

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