The 08863 housing market is very competitive. The median sale price of a home in 08863 was $469K last month, up 4.2% since last year. The median sale price per square foot in 08863 is $355, up 12.9% since last year.
In December 2024, 08863 home prices were up 4.2% compared to last year, selling for a median price of $469K. On average, homes in 08863 sell after 58 days on the market compared to 60 days last year. There were 35 homes sold in December this year, up from 25 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$469,000
+4.2% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
08863, NJ
$469,000
+4.2%
United States
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How hot is the 08863 housing market?
08863 is very competitive. Homes sell in 57.5 days.
0
100
76
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 about 6% above list price and go pending in around 58 days.
Hot homes
can sell for about 12% above list price and go pending in around 20 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 08863 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08863.
Flood Factor - Minor
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08863 has a minor risk of flooding. 279 properties in 08863 are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in 08863. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
08863 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08863 is most at risk from hurricanes. 3,836 properties in 08863 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 81 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 91 mph.