The 08723 housing market is very competitive. The median sale price of a home in 08723 was $440K last month, up 14.9% since last year. The median sale price per square foot in 08723 is $313, up 16.3% since last year.
In March 2024, 08723 home prices were up 14.9% compared to last year, selling for a median price of $440K. On average, homes in 08723 sell after 26 days on the market compared to 63 days last year. There were 77 homes sold in March this year, down from 79 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$440,000
+14.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
08723, NJ
$440,000
+14.9%
United States
To compare other locations to the 08723 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.
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How hot is the 08723 housing market?
08723 is very competitive. Homes sell in 20.5 days.
0
100
78
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 21 days.
Hot homes
can sell for about 5% 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
7/10
Nellie F Bennett Elementary School
Public • PreK-5
767
Students
3 reviews
6/10
Silver Bay Elementary School
Public • PreK-5
637
Students
4 reviews
5/10
Drum Point Road Elementary School
Public • K-5
430
Students
4 reviews
4/10
Midstreams Elementary School
Public • K-5
479
Students
14 reviews
2/10
Osbornville Elementary School
Public • K-5
376
Students
8 reviews
Only showing 5 of
6 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 08723 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08723.
Risk Factor
Flood Factor - Extreme
50% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08723 has an extreme risk of flooding. 8,963 properties in 08723 are likely to be
severely affected
by flooding over the next 30 years. This represents 50% of all properties in 08723. Flood risk is increasing faster than the national average.
58% of properties are at risk of wildfire over the next 30 years
Fire Factor
08723 has a moderate risk of wildfire. There are 14,615 properties in 08723 that have some risk of being affected by wildfire over the next 30 years. This represents 58% of all properties in 08723.
99% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
08723 has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08723 is most at risk from hurricanes. 24,899 properties in 08723 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 132 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 152 mph.