Is ZIP 08872, NJ 08872 a buyer’s or seller’s market?
ZIP 08872 is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply4.2Under 4 months = seller’s market
Sold above list56.5%Share of recent sales
Median sale-to-list101.5%Sold price ÷ list price
Median days on market52Listing to accepted offer
Median price per sq ft$362▼ −0.7% vs. last year
Run the numbers for 08872
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.