The 08097 housing market is very competitive. The median sale price of a home in 08097 was $375K last month, up 7.2% since last year. The median sale price per square foot in 08097 is $179, up 23.4% since last year.
In October 2024, 08097 home prices were up 7.2% compared to last year, selling for a median price of $375K. On average, homes in 08097 sell after 29 days on the market compared to 49 days last year. There were 13 homes sold in October this year, up from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$375,000
+7.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
08097, NJ
$375,000
+7.2%
United States
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How hot is the 08097 housing market?
08097 is very competitive. Homes sell in 44 days.
0
100
71
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 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 44 days.
Hot homes
can sell for about 3% above list price and go pending in around 16 days.
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 08097 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08097.
Flood Factor - Minor
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08097 has a minor risk of flooding. 114 properties in 08097 are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in 08097. Flood risk is increasing slower than the national average.
39% of properties are at risk of wildfire over the next 30 years
Fire Factor
08097 has a moderate risk of wildfire. There are 570 properties in 08097 that have some risk of being affected by wildfire over the next 30 years. This represents 39% of all properties in 08097.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
08097 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08097 is most at risk from hurricanes. 1,450 properties in 08097 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 84 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 96 mph.