The 08109 housing market is very competitive. Homes in 08109 receive 4 offers on average and sell in around 34.5 days. The median sale price of a home in 08109 was $308K last month, up 7.9% since last year. The median sale price per square foot in 08109 is $172, down 1.7% since last year.
In March 2024, 08109 home prices were up 7.9% compared to last year, selling for a median price of $308K. On average, homes in 08109 sell after 35 days on the market compared to 39 days last year. There were 39 homes sold in March this year, down from 58 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$307,500
+7.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
08109, NJ
$307,500
+7.9%
United States
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How hot is the 08109 housing market?
08109 is very competitive. Homes sell in 24.5 days.
0
100
82
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 around list price and go pending in around 25 days.
Hot homes
can sell for about 7% above list price and go pending in around 11 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
A E Burling Elementary School
Public • PreK-3
108
Students
N/A
7/10
G.H. Carson Elementary School
Public • PreK-3
300
Students
N/A
6/10
Delair Elementary School
Public • K-3
386
Students
7 reviews
5/10
Merchantville Elementary School
Public • PreK-8 • Choice school
425
Students
19 reviews
5/10
Benjamin Franklin Elementary School
Public • PreK-3
361
Students
2 reviews
Only showing 5 of
18 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 08109 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08109.
Risk Factor
Flood Factor - Moderate
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08109 has a moderate risk of flooding. 808 properties in 08109 are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in 08109. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
08109 has a moderate risk of wildfire. There are 201 properties in 08109 that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in 08109.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
08109 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08109 is most at risk from hurricanes. 8,092 properties in 08109 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 86 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 96 mph.