Is ZIP 08823, NJ 08823 a buyer’s or seller’s market?

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

ZIP 08823 is a seller’s market. With about 1.9 months of supply and 58% 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 supply1.9Under 4 months = seller’s market

Sold above list57.9%Share of recent sales

Median sale-to-list101.8%Sold price ÷ list price

Median days on market22Listing to accepted offer

Median price per sq ft$315▼ −0.4% vs. last year

Run the numbers for 08823

Prefilled for 08823Can 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 07059 07059Seller’s market $440 /sq ft ZIP 07069 07069Seller’s market $405 /sq ft ZIP 07920 07920Seller’s market $439 /sq ft ZIP 07921 07921Seller’s market $456 /sq ft Browse all markets →

Market data describes housing activity only.