Is ZIP 08846, NJ 08846 a buyer’s or seller’s market?
ZIP 08846 is a seller’s market. With about 3.8 months of supply and 87% 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 supply3.8Under 4 months = seller’s market
Sold above list87.4%Share of recent sales
Median sale-to-list106.3%Sold price ÷ list price
Median days on market20Listing to accepted offer
Median price per sq ft$378▲ +4.3% vs. last year
Run the numbers for 08846
Nearby markets
ZIP 07001 07001Seller’s market $429 /sq ftZIP 07008 07008Balanced $355 /sq ftZIP 07064 07064Balanced $428 /sq ftZIP 07067 07067Seller’s market $393 /sq ft Browse all markets →Market data describes housing activity only.