The 08203 housing market is somewhat competitive. The median sale price of a home in 08203 was $610K last month, up 15.3% since last year. The median sale price per square foot in 08203 is $457, up 21.2% since last year.
In March 2024, 08203 home prices were up 15.3% compared to last year, selling for a median price of $610K. On average, homes in 08203 sell after 109 days on the market compared to 74 days last year. There were 54 homes sold in March this year, down from 65 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$610,000
+15.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
08203, NJ
$610,000
+15.3%
United States
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How hot is the 08203 housing market?
08203 is somewhat competitive. Homes sell in 79 days.
0
100
34
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 79 days.
Hot homes
can sell for around list price and go pending in around 39 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 08203 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08203.
Risk Factor
Flood Factor - Extreme
95% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08203 has an extreme risk of flooding. 7,278 properties in 08203 are likely to be
severely affected
by flooding over the next 30 years. This represents 95% of all properties in 08203. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
08203 has a minor risk of wildfire. There are 131 properties in 08203 that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in 08203.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
08203 has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08203 is most at risk from hurricanes. 9,144 properties in 08203 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 141 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 160 mph.