The 08002 housing market is very competitive. Homes in 08002 receive 7 offers on average and sell in around 29 days. The median sale price of a home in 08002 was $331K last month, down 8.4% since last year. The median sale price per square foot in 08002 is $216, up 2.4% since last year.
In March 2024, 08002 home prices were down 8.4% compared to last year, selling for a median price of $331K. On average, homes in 08002 sell after 29 days on the market compared to 34 days last year. There were 50 homes sold in March this year, down from 52 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$331,250
-8.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
08002, NJ
$331,250
-8.4%
United States
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How hot is the 08002 housing market?
08002 is very competitive. Homes sell in 27 days.
0
100
84
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 27 days.
Hot homes
can sell for about 7% above list price and go pending in around 12 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Strawbridge Elementary School
Public • K-5
196
Students
2 reviews
9/10
Thomas A. Edison Elementary School
Public • PreK-5
152
Students
8 reviews
7/10
Kingston Elementary School
Public • K-5
367
Students
7 reviews
7/10
Thomas Paine Elementary School
Public • K-5
366
Students
3 reviews
7/10
Stoy Elementary School
Public • PreK-5
168
Students
3 reviews
Only showing 5 of
10 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 08002 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08002.
Risk Factor
Flood Factor - Major
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08002 has a major risk of flooding. 555 properties in 08002 are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in 08002. Flood risk is increasing slower than the national average.
6% of properties are at risk of wildfire over the next 30 years
Fire Factor
08002 has a minor risk of wildfire. There are 541 properties in 08002 that have some risk of being affected by wildfire over the next 30 years. This represents 6% of all properties in 08002.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
08002 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08002 is most at risk from hurricanes. 8,569 properties in 08002 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 88 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 99 mph.