The 08816 housing market is somewhat competitive. Homes in 08816 receive 5 offers on average and sell in around 61.5 days. The median sale price of a home in 08816 was $485K last month, up 14.1% since last year. The median sale price per square foot in 08816 is $337, up 20.5% since last year.
In March 2024, 08816 home prices were up 14.1% compared to last year, selling for a median price of $485K. On average, homes in 08816 sell after 62 days on the market compared to 43 days last year. There were 87 homes sold in March this year, down from 99 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$485,000
+14.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
08816, NJ
$485,000
+14.1%
United States
To compare other locations to the 08816 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 08816 housing market?
08816 is somewhat competitive. Homes sell in 49.5 days.
0
100
67
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 4% above list price and go pending in around 50 days.
Hot homes
can sell for about 9% above list price and go pending in around 30 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Raymond E. Voorhees Elementary School
Public • K-5
384
Students
2 reviews
7/10
William A. Miller Elementary School
Public • K-5
322
Students
7 reviews
7/10
Central Elementary School
Public • PreK-5
415
Students
6 reviews
7/10
Bowne-Munro Elementary School
Public • PreK-5
220
Students
7 reviews
7/10
Warnsdorfer Elementary School
Public • PreK-5
450
Students
7 reviews
Only showing 5 of
29 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 08816 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08816.
Risk Factor
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08816 has a moderate risk of flooding. 1,429 properties in 08816 are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in 08816. Flood risk is increasing slower than the national average.
47% of properties are at risk of wildfire over the next 30 years
Fire Factor
08816 has a moderate risk of wildfire. There are 9,008 properties in 08816 that have some risk of being affected by wildfire over the next 30 years. This represents 47% of all properties in 08816.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
08816 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08816 is most at risk from hurricanes. 18,771 properties in 08816 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 87 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 99 mph.