$3,266 Closing Credit*
$275,000
1,780 SqFt
3 Beds
•1 Full Bath
Ronald A Bruce Jr., Listing Office: BHHS Fox & Roach-Mullica Hill South
Is 08066, 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, 08066 has remained a Seller's Market.
Key Takeaway
08066 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 08066, NJ
How much do homes in 08066, NJ cost?
Median Sold Price
$225,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,500(+11.1%)
Key Takeaway
Homes in 08066 have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in 08066 was $225,000 in November 2024, up 11.1% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $84.9K | - | N/A |
| 2 Bedrooms | $164.5K | $174K | +5.8% |
| 3 Bedrooms | $210K | $225K | +7.1% |
| 4 Bedrooms | $218.2K | $270K | +23.7% |
| 5+ Bedrooms | $175K | $211.5K | +20.9% |
Summary: 08066 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 5.8%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 23.7%, and 5+ bedroom homes increased by 20.9%.
Median Sold Price Compared To Nearby Zip Codes
| 08027 | $263K | $305K | +16.0% |
| 08086 | $300.5K | $338.7K | +12.7% |
| 08066 | $202.5K | $225K | +11.1% |
| 08020 | $387K | $399.5K | +3.2% |
Housing Supply in 08066, NJ
How many homes are available in 08066, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 39 | +11.4% |
Summary: The 08066 real estate market had 39 homes for sale in November 2024, a 11.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 08066 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 08066, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in 08066 in November 2024, down by 30.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 14% were sold at asking, and 71% were sold over asking.
Days on Market for 08066, NJ
How long does it take to sell a home in 08066, NJ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 57 Days | +76.7% |
Summary: Homes in 08066 had an average of 57 days on market in Nov 2024, up by 76.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 08066 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in 08066; 71% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
