Housing Prices in 08202, NJ

How much do homes in 08202, NJ cost?

Median List Price

$3,342,500

$1,478/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

-$652,500(-16.3%)

Key Takeaway

The list price of homes in 08202 has decreased by 16.3% since last year.

Summary: The median home list price in 08202 was $3,342,500 in April 2024, down 16.3% from the previous year, and the median price per square foot was $1,478.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$599K
N/A
2 $3.4M$1.6M
-51.5%
3 $1.2M$3.2M
+174.2%
4 $2.3M$2.1M
-10.2%
5+ $6.4M$5.9M
-8.5%

Summary: 08202 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 51.5%, 3 bedroom homes increased by 174.2%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes decreased by 8.5%.

Median List Price Compared To Nearby Zip Codes

08247
+79.9%
08210
+8.0%
08243
-1.6%
08202
-16.3%

Housing Supply in 08202, NJ

How many homes are available in 08202, NJ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
911+22.2%

Summary: The 08202 real estate market had 11 homes for sale in April 2024, a 22.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 11
0.0%
3 11
0.0%
4 11
0.0%
5+ 56
+20.0%

Summary: The 08202 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.

Days on Market for 08202, NJ

How long does it take to sell a home in 08202, NJ?

Average Listing Age

Apr 2023Apr 2024CHANGE
295 Days158 Days-46.3%

Summary: Homes in 08202 had an average listing age of 158 days in Apr 2024, down by 46.3% compared to the previous year.

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

Report Updated 18 Days Ago

Newest Listings in 08202, NJ

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