Is ZIP 08822, NJ 08822 a buyer’s or seller’s market?
ZIP 08822 is a seller’s market. With about 1.5 months of supply and 51% 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 supply1.5Under 4 months = seller’s market
Sold above list50.9%Share of recent sales
Median sale-to-list101.6%Sold price ÷ list price
Median days on market21Listing to accepted offer
Median price per sq ft$310▲ +2.7% vs. last year
Run the numbers for 08822
Nearby markets
ZIP 07830 07830Seller’s market $297 /sq ftZIP 08530 08530Seller’s market $392 /sq ftZIP 08551 08551Seller’s market $314 /sq ftZIP 08559 08559Balanced $345 /sq ft Browse all markets →Market data describes housing activity only.