$10,000 Closing Credit*
$1,799,900
2,849 SqFt
4 Beds
•3 Full Baths
Tonya Boyle, Listing Office: Keller Williams Avon Realty
Is 08750, 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, 08750 has remained a Seller's Market.
Key Takeaway
08750 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 08750, NJ
How much do homes in 08750, NJ cost?
Median Sold Price
$1,982,000
$752/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$343,000(-14.8%)
Key Takeaway
Homes in 08750 have sold for 14.8% less than they did a year ago.
Summary: The median home sold price in 08750 was $1,982,000 in December 2024, down 14.8% from last year, and the median price per square foot was $752.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $887K | $715K | -19.4% |
| 3 Bedrooms | $844K | $1.1M | +33.3% |
| 4 Bedrooms | $2.5M | $1.8M | -28.2% |
| 5+ Bedrooms | $3.1M | $3.9M | +24.9% |
Summary: 08750 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.4%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 28.2%, and 5+ bedroom homes increased by 24.9%.
Housing Supply in 08750, NJ
How many homes are available in 08750, NJ?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 13 | 8 | -38.5% |
Summary: The 08750 real estate market had 8 homes for sale in December 2024, a 38.5% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 2 | 0 | -100.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The 08750 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 decreased by 50%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 08750, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 08750 in December 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 08750, NJ
How long does it take to sell a home in 08750, NJ?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 58 Days | 17 Days | -69.5% |
Summary: Homes in 08750 had an average of 17 days on market in Dec 2024, down by 69.5% compared to last year.
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 08750 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in 08750; 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.
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.