Housing Prices in 08560, NJ

How much do homes in 08560, NJ cost?

Median List Price

$550,000

$247/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$51,000(+10.2%)

Key Takeaway

The list price of homes in 08560 has increased by 10.2% since last year.

Summary: The median home list price in 08560 was $550,000 in October 2024, up 10.2% from the previous year, and the median price per square foot was $247.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $592K$175K
-70.4%
2 $369K$299K
-19.0%
3 $452K$419.5K
-7.2%
4 $677K$675K
-0.3%
5+ $995K$1.0M
+10.0%

Summary: 08560 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 70.4%, 2 bedroom homes decreased by 19%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 10%.

Median List Price Compared To Nearby Zip Codes

08628
+15.4%
08560
+10.2%
08530
+4.7%
08534
+1.9%

Housing Supply in 08560, NJ

How many homes are available in 08560, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
912+33.3%

Summary: The 08560 real estate market had 12 homes for sale in October 2024, a 33.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 11
0.0%
3 44
0.0%
4 25
+150.0%
5+ 11
0.0%

Summary: The 08560 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 remained the same, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.

Days on Market for 08560, NJ

How long does it take to sell a home in 08560, NJ?

Average Listing Age

Oct 2023Oct 2024CHANGE
182 Days159 Days-12.3%

Summary: Homes in 08560 had an average listing age of 159 days in Oct 2024, down by 12.3% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in 08560, NJ

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