$3,266 Closing Credit*
$275,000
1,546 SqFt
4 Beds
•1 Full Bath
Jessica L Layser, Listing Office: Keller Williams Real Estate-Langhorne
Is 08093, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 08093 was a Seller's Market.
Key Takeaway
08093 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 08093, NJ
How much do homes in 08093, NJ cost?
Median Sold Price
$253,750
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$3,750(+1.5%)
Key Takeaway
Homes in 08093 have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in 08093 was $253,750 in November 2024, up 1.5% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $92.5K | $135K | +45.9% |
| 2 Bedrooms | $218.7K | $195K | -10.9% |
| 3 Bedrooms | $245K | $258K | +5.3% |
| 4 Bedrooms | $300K | $315K | +5.0% |
| 5+ Bedrooms | $365K | $315K | -13.7% |
Summary: 08093 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45.9%, 2 bedroom homes decreased by 10.9%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 13.7%.
Housing Supply in 08093, NJ
How many homes are available in 08093, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 27 | -10.0% |
Summary: The 08093 real estate market had 27 homes for sale in November 2024, a 10.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 19 | 16 | -15.8% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 08093 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 4 | -55.6% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 08093, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in 08093 in November 2024, down by 55.6% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 08093, NJ
How long does it take to sell a home in 08093, NJ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 14 Days | -62.3% |
Summary: Homes in 08093 had an average of 14 days on market in Nov 2024, down by 62.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 08093 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in 08093; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
