$9,249 Closing Credit*
$778,900
3,293 SqFt
4 Beds
•2 Full Baths, 1 Partial
Patricia A Fiume, Listing Office: RE/MAX Of Cherry Hill
Is 08067, 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, 08067 has remained a Seller's Market.
Key Takeaway
08067 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 08067, NJ
How much do homes in 08067, NJ cost?
Median Sold Price
$574,950
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$184,950(+47.4%)
Key Takeaway
Homes in 08067 have sold for 47.4% more than they did a year ago.
Summary: The median home sold price in 08067 was $574,950 in November 2024, up 47.4% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $325K | $347.4K | +6.9% |
| 4 Bedrooms | $450K | $710K | +57.8% |
| 5+ Bedrooms | $779K | $545K | -30.0% |
Summary: 08067 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 did not change, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 57.8%, and 5+ bedroom homes decreased by 30%.
Housing Supply in 08067, NJ
How many homes are available in 08067, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 13 | -23.5% |
Summary: The 08067 real estate market had 13 homes for sale in November 2024, a 23.5% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 08067 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 08067, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in 08067 in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for 08067, NJ
How long does it take to sell a home in 08067, NJ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 28 Days | +76.6% |
Summary: Homes in 08067 had an average of 28 days on market in Nov 2024, up by 76.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 08067 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in 08067; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
