$4,263 Closing Credit*
$359,000
1,816 SqFt
4 Beds
•2 Full Baths, 1 Partial
Shana F. Cohen, Listing Office: Keller Williams Town Life
Is 08360, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 08360 was a Seller's Market.
Key Takeaway
08360 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 08360, NJ
How much do homes in 08360, NJ cost?
Median Sold Price
$265,000
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+10.4%)
Key Takeaway
Homes in 08360 have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in 08360 was $265,000 in October 2024, up 10.4% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150.5K | $180K | +19.6% |
| 2 Bedrooms | $190K | $214K | +12.6% |
| 3 Bedrooms | $245K | $275K | +12.2% |
| 4 Bedrooms | $307.5K | $335.9K | +9.3% |
| 5+ Bedrooms | $292.5K | $265K | -9.4% |
Summary: 08360 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.6%, 2 bedroom homes increased by 12.6%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes decreased by 9.4%.
Housing Supply in 08360, NJ
How many homes are available in 08360, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 113 | 113 | 0.0% |
Summary: The 08360 real estate market had 113 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 24 | 18 | -25.0% |
| 3 Bedrooms | 57 | 57 | 0.0% |
| 4 Bedrooms | 26 | 30 | +15.4% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 08360 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 decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 17 | -39.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 08360, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 08360 in October 2024, down by 39.3% month-over-month. Of the 17 sold homes, 47% were sold under asking, 6% were sold at asking, and 47% were sold over asking.
Days on Market for 08360, NJ
How long does it take to sell a home in 08360, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 25 Days | +27.1% |
Summary: Homes in 08360 had an average of 25 days on market in Oct 2024, up by 27.1% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 08360 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in 08360; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved. 
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.