Housing Prices in 08553, NJ

How much do homes in 08553, NJ cost?

Median List Price

$519,500

$310/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

-$155,500(-23.0%)

Key Takeaway

The list price of homes in 08553 has decreased by 23% since last year.

Summary: The median home list price in 08553 was $519,500 in March 2024, down 23% from the previous year, and the median price per square foot was $310.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 -$339.9K
N/A
3 $489K$489K
0.0%
4 $629K$850K
+35.1%
5+ $675K-
N/A

Summary: 08553 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 did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 35.1%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

08528
+30.0%
08540
+17.6%
08558
+11.2%
08553
-23.0%

Housing Supply in 08553, NJ

How many homes are available in 08553, NJ?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
16+500.0%

Summary: The 08553 real estate market had 6 homes for sale in March 2024, a 500.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 13
+200.0%
4 03
+100.0%
5+ 00
0.0%

Summary: The 08553 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 increased by 200%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for 08553, NJ

How long does it take to sell a home in 08553, NJ?

Average Listing Age

Mar 2023Mar 2024CHANGE
117 Days26 Days-77.3%

Summary: Homes in 08553 had an average listing age of 26 days in Mar 2024, down by 77.3% compared to the previous year.

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

Report Updated 28 Days Ago

Newest Listings in 08553, NJ

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