The 08861 housing market is somewhat competitive. The median sale price of a home in 08861 was $442K last month, up 7.9% since last year. The median sale price per square foot in 08861 is $363, up 34.4% since last year.
In October 2024, 08861 home prices were up 7.9% compared to last year, selling for a median price of $442K. On average, homes in 08861 sell after 79 days on the market compared to 66 days last year. There were 48 homes sold in October this year, down from 75 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$442,375
+7.9% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
08861, NJ
$442,375
+7.9%
United States
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How hot is the 08861 housing market?
08861 is somewhat competitive. Homes sell in 63 days.
0
100
64
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 63 days.
Hot homes
can sell for about 8% above list price and go pending in around 41 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 08861 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08861.
Flood Factor - Moderate
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08861 has a moderate risk of flooding. 871 properties in 08861 are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in 08861. Flood risk is increasing faster than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
08861 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08861 is most at risk from hurricanes. 10,487 properties in 08861 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 100 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 114 mph.