$5,650,000
4 Beds
•4 Full Baths
Listing Office: Soleil Sotheby's International Realty - A
Housing Prices in 08403, NJ
How much do homes in 08403, NJ cost?
Median List Price
$1,500,000
$750/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$151,000(+11.2%)
Key Takeaway
The list price of homes in 08403 has increased by 11.2% since last year.
Summary: The median home list price in 08403 was $1,500,000 in November 2024, up 11.2% from the previous year, and the median price per square foot was $750.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $467K | $484.5K | +3.7% |
| 2 Bedrooms | $874.5K | $995K | +13.8% |
| 3 Bedrooms | $974K | $1.5M | +54.0% |
| 4 Bedrooms | $1.5M | $1.8M | +22.5% |
| 5+ Bedrooms | $2.9M | $3.6M | +24.4% |
Summary: 08403 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 54%, 4 bedroom homes increased by 22.5%, and 5+ bedroom homes increased by 24.4%.
Median List Price Compared To Nearby Zip Codes
| 08402 | $740K | $1.0M | +48.6% |
| 08225 | $289K | $399K | +38.1% |
| 08221 | $354.5K | $449K | +26.7% |
| 08403 | $1.3M | $1.5M | +11.2% |
| 08244 | $439.9K | $449.9K | +2.3% |
Housing Supply in 08403, NJ
How many homes are available in 08403, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 24 | -7.7% |
Summary: The 08403 real estate market had 24 homes for sale in November 2024, a 7.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 9 | 6 | -33.3% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The 08403 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 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 9.1%.
Days on Market for 08403, NJ
How long does it take to sell a home in 08403, NJ?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 280 Days | 99 Days | -64.6% |
Summary: Homes in 08403 had an average listing age of 99 days in Nov 2024, down by 64.6% compared to the previous year.
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. 
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.