The 08054 housing market is very competitive. Homes in 08054 receive 5 offers on average and sell in around 19 days. The median sale price of a home in 08054 was $388K last month, up 0.8% since last year. The median sale price per square foot in 08054 is $242, up 11.3% since last year.
In September 2024, 08054 home prices were up 0.8% compared to last year, selling for a median price of $388K. On average, homes in 08054 sell after 19 days on the market compared to 15 days last year. There were 210 homes sold in September this year, up from 185 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$388,250
+0.8% YoY | Sep 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Sep 2024
Growth
% YoY
08054, NJ
$388,250
+0.8%
United States
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How hot is the 08054 housing market?
08054 is very competitive. Homes sell in 20 days.
0
100
89
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 3% above list price and go pending in around 20 days.
Hot homes
can sell for about 7% above list price and go pending in around 11 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 08054 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08054.
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08054 has a minor risk of flooding. 900 properties in 08054 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 08054. Flood risk is increasing at the same pace as the national average.
35% of properties are at risk of wildfire over the next 30 years
Fire Factor
08054 has a moderate risk of wildfire. There are 6,504 properties in 08054 that have some risk of being affected by wildfire over the next 30 years. This represents 35% of all properties in 08054.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
08054 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08054 is most at risk from hurricanes. 18,293 properties in 08054 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 91 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 106 mph.