Housing Prices in 08247, NJ

How much do homes in 08247, NJ cost?

Median List Price

$3,597,500

$1,381/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$1,598,000(+79.9%)

Key Takeaway

The list price of homes in 08247 has increased by 79.9% since last year.

Summary: The median home list price in 08247 was $3,597,500 in April 2024, up 79.9% from the previous year, and the median price per square foot was $1,381.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $949K-
N/A
3 $1.2M$1.7M
+39.9%
4 $2.4M$1.7M
-27.4%
5+ $5.7M$5.4M
-5.6%

Summary: 08247 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 did not change, 3 bedroom homes increased by 39.9%, 4 bedroom homes decreased by 27.4%, and 5+ bedroom homes decreased by 5.6%.

Median List Price Compared To Nearby Zip Codes

08247
+79.9%
08210
+8.0%
08260
+2.7%
08202
-16.3%

Housing Supply in 08247, NJ

How many homes are available in 08247, NJ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
710+42.9%

Summary: The 08247 real estate market had 10 homes for sale in April 2024, a 42.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 01
+100.0%
4 13
+200.0%
5+ 66
0.0%

Summary: The 08247 housing inventory by bedroom type for April 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 100%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Days on Market for 08247, NJ

How long does it take to sell a home in 08247, NJ?

Average Listing Age

Apr 2023Apr 2024CHANGE
110 Days69 Days-37.0%

Summary: Homes in 08247 had an average listing age of 69 days in Apr 2024, down by 37% compared to the previous year.

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

Report Updated 12 Days Ago

Newest Listings in 08247, NJ

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