Housing Prices in 08340, NJ

How much do homes in 08340, NJ cost?

Median List Price

$470,000

$272/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$180,100(+62.1%)

Key Takeaway

The list price of homes in 08340 has increased by 62.1% since last year.

Summary: The median home list price in 08340 was $470,000 in April 2024, up 62.1% from the previous year, and the median price per square foot was $272.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $199K$599.9K
+201.5%
3 $289.9K$415K
+43.2%
4 $364.9K$489.4K
+34.1%
5+ --
N/A

Summary: 08340 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 increased by 201.5%, 3 bedroom homes increased by 43.2%, 4 bedroom homes increased by 34.1%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

08340
+62.1%
08361
+9.8%
08360
+3.5%

Housing Supply in 08340, NJ

How many homes are available in 08340, NJ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
35+66.7%

Summary: The 08340 real estate market had 5 homes for sale in April 2024, a 66.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The 08340 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 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for 08340, NJ

How long does it take to sell a home in 08340, NJ?

Average Listing Age

Apr 2023Apr 2024CHANGE
180 Days144 Days-19.8%

Summary: Homes in 08340 had an average listing age of 144 days in Apr 2024, down by 19.8% compared to the previous year.

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

Report Updated 2 Days Ago

Newest Listings in 08340, NJ

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