Is ZIP 08857, NJ 08857 a buyer’s or seller’s market?
ZIP 08857 is a seller’s market. With about 3.3 months of supply and 53% 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 supply3.3Under 4 months = seller’s market
Sold above list53.1%Share of recent sales
Median sale-to-list101%Sold price ÷ list price
Median days on market63Listing to accepted offer
Median price per sq ft$372▲ +5.8% vs. last year
Run the numbers for 08857
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.