Is ZIP 08008, NJ 08008 a buyer’s or seller’s market?

Balanced As of 2026-08-31 · Source: Redfin

ZIP 08008 is a balanced market. With about 5.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.9Under 4 months = seller’s market

Sold above list11%Share of recent sales

Median sale-to-list96.2%Sold price ÷ list price

Median days on market63Listing to accepted offer

Median price per sq ft$1,112▲ +22.4% vs. last year

Run the numbers for 08008

Prefilled for 08008Can I win this house?Multiple-offer likelihood for a listing Coming soonOver-asking calculatorTypical range over list Coming soonOffer strength scoreHow your offer looks to a seller Coming soonAppraisal gapCash needed if it appraises low

Nearby markets

ZIP 08005 08005Seller’s market $267 /sq ft ZIP 08006 08006Balanced $1,049 /sq ft ZIP 08050 08050Seller’s market $327 /sq ft ZIP 08087 08087Seller’s market $276 /sq ft Browse all markets →

Market data describes housing activity only.