$7,832 Closing Credit*
$659,500
2,365 SqFt
4 Beds
•2 Full Baths
Cynthia S Malsbury, Listing Office: ERA Central Realty Group - Cream Ridge
Is 08533, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 08533 has remained a Seller's Market.
Key Takeaway
08533 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 08533, NJ
How much do homes in 08533, NJ cost?
Median Sold Price
$565,695
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$124,705(+28.3%)
Key Takeaway
Homes in 08533 have sold for 28.3% more than they did a year ago.
Summary: The median home sold price in 08533 was $565,695 in December 2024, up 28.3% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $160K | +6.7% |
| 2 Bedrooms | $310K | $452.5K | +46.0% |
| 3 Bedrooms | $409.9K | $540K | +31.7% |
| 4 Bedrooms | $584.9K | $675K | +15.4% |
| 5+ Bedrooms | $540K | $735K | +36.1% |
Summary: 08533 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 46%, 3 bedroom homes increased by 31.7%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 36.1%.
Housing Supply in 08533, NJ
How many homes are available in 08533, NJ?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 45 | 45 | 0.0% |
Summary: The 08533 real estate market had 45 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 22 | 23 | +4.5% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 08533 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 08533, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 08533 in December 2024, the same as the previous month. Of the 11 sold homes, 36% were sold under asking, 27% were sold at asking, and 36% were sold over asking.
Days on Market for 08533, NJ
How long does it take to sell a home in 08533, NJ?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 18 Days | 28 Days | +58.3% |
Summary: Homes in 08533 had an average of 28 days on market in Dec 2024, up by 58.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 08533 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 11 homes were sold in 08533; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.