$3,384 Closing Credit*
$285,000
1,264 SqFt
3 Beds
•1 Full Bath
Brigida J Suquilanda, Listing Office: BHHS Fox & Roach - Robbinsville
Is 08609, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 08609 has remained a Buyer's Market.
Key Takeaway
08609 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 08609, NJ
How much do homes in 08609, NJ cost?
Median Sold Price
$190,000
$147/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$25,000(-11.6%)
Key Takeaway
Homes in 08609 have sold for 11.6% less than they did a month ago.
Summary: The median home sold price in 08609 was $190,000 in October 2024, down 11.6% from last month, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $190K | N/A |
| 4 Bedrooms | $155K | $270K | +74.2% |
| 5+ Bedrooms | $327.5K | - | N/A |
Summary: 08609 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 74.2%, and 5+ bedroom homes did not change.
Housing Supply in 08609, NJ
How many homes are available in 08609, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 28 | +7.7% |
Summary: The 08609 real estate market had 28 homes for sale in October 2024, a 7.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 08609 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 increased by 18.2%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 08609, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 08609 in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 08609, NJ
How long does it take to sell a home in 08609, NJ?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 23 Days | -45.0% |
Summary: Homes in 08609 had an average of 23 days on market in Oct 2024, down by 45% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 08609 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 08609; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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