Is ZIP 07849, NJ 07849 a buyer’s or seller’s market?

Seller’s market As of 2026-08-31 · Source: Redfin

ZIP 07849 is a seller’s market. With about 2.8 months of supply and 41% of homes selling above list, expect competing offers on well-priced homes. Buyers here typically need a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.8Under 4 months = seller’s market
Sold above list41.4%Share of recent sales
Median sale-to-list101.1%Sold price ÷ list price
Median days on market23Listing to accepted offer
Median price per sq ft$329▼ −18.2% vs. last year

Nearby markets

ZIP 07005 07005Seller’s market $365 /sq ftZIP 07034 07034Seller’s market $403 /sq ftZIP 07035 07035Seller’s market $371 /sq ftZIP 07045 07045Seller’s market $358 /sq ft Browse all markets →

Market data describes housing activity only.