$9,249 Closing Credit*
$778,900
3,293 SqFt
4 Beds
•2 Full Baths
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 October 2023
Since last year, 08067 has remained a Buyer's Market.
Key Takeaway
08067 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 08067, NJ
How much do homes in 08067, NJ cost?
Median Sold Price
$532,500
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$145,000(+37.4%)
Key Takeaway
Homes in 08067 have sold for 37.4% more than they did a year ago.
Summary: The median home sold price in 08067 was $532,500 in October 2024, up 37.4% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $300K | $420K | +40.0% |
| 4 Bedrooms | $450K | $675K | +50.0% |
| 5+ Bedrooms | $779K | $545K | -30.0% |
Summary: 08067 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 did not change, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 50%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 15 | -16.7% |
Summary: The 08067 real estate market had 15 homes for sale in October 2024, a 16.7% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 08067 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 08067, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 08067 in October 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 6 Days | 81 Days | +1258.3% |
Summary: Homes in 08067 had an average of 81 days on market in Oct 2024, up by 1258.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 08067 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 08067; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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