The 08045 housing market is very competitive. The median sale price of a home in 08045 was $305K last month, up 22.5% since last year. The median sale price per square foot in 08045 is $178, up 44.7% since last year.
In March 2024, 08045 home prices were up 22.5% compared to last year, selling for a median price of $305K. On average, homes in 08045 sell after 43 days on the market compared to 22 days last year. There were 9 homes sold in March this year, up from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$305,000
+22.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
08045, NJ
$305,000
+22.5%
United States
To compare other locations to the 08045 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in New Jersey add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 08045 housing market?
08045 is very competitive. Homes sell in 35 days.
0
100
79
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 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 35 days.
Hot homes
can sell for about 4% above list price and go pending in around 17 days.
Homes in this area are served by the Office of Education Department of Children And Families School District.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
5/10
Magnolia Elementary School
Public • PreK-8
404
Students
1 reviews
2/10
Lawnside Public Elementary School
Public • PreK-8
311
Students
1 reviews
NR
Cherry Hill Regional School
Public • 1-12 • Choice school
45
Students
N/A
NR
Cherry Hill Transportation Education Program(tep)
Public • N/A
-
Students
N/A
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 08045 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08045.
Risk Factor
Flood Factor - Moderate
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08045 has a moderate risk of flooding. 73 properties in 08045 are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in 08045. Flood risk is increasing faster than the national average.
20% of properties are at risk of wildfire over the next 30 years
Fire Factor
08045 has a moderate risk of wildfire. There are 296 properties in 08045 that have some risk of being affected by wildfire over the next 30 years. This represents 20% of all properties in 08045.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
08045 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08045 is most at risk from hurricanes. 1,419 properties in 08045 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 92 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 101 mph.