Housing Prices in 08340, NJ

How much do homes in 08340, NJ cost?

Median List Price

$459,900

$256/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$160,900(+53.8%)

Key Takeaway

The list price of homes in 08340 has increased by 53.8% since last year.

Summary: The median home list price in 08340 was $459,900 in March 2024, up 53.8% from the previous year, and the median price per square foot was $256.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $199K$599.9K
+201.5%
3 $294.4K$360K
+22.3%
4 $414.9K$459.9K
+10.8%
5+ --
N/A

Summary: 08340 housing prices by bedroom type for March 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 22.3%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

08340
+53.8%
08317
+22.3%
08350
+10.8%
08361
+8.2%
08360
+2.3%

Housing Supply in 08340, NJ

How many homes are available in 08340, NJ?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
65-16.7%

Summary: The 08340 real estate market had 5 homes for sale in March 2024, a 16.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 54
-20.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 08340 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, 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

Mar 2023Mar 2024CHANGE
266 Days323 Days+21.6%

Summary: Homes in 08340 had an average listing age of 323 days in Mar 2024, up by 21.6% compared to the previous year.

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

Report Updated 25 Days Ago

Newest Listings in 08340, NJ

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