The 08618 housing market is somewhat competitive. The median sale price of a home in 08618 was $240K last month, up 20.0% since last year. The median sale price per square foot in 08618 is $153, up 14.2% since last year.
In March 2024, 08618 home prices were up 20.0% compared to last year, selling for a median price of $240K. On average, homes in 08618 sell after 53 days on the market compared to 61 days last year. There were 55 homes sold in March this year, down from 96 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$240,000
+20.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
08618, NJ
$240,000
+20.0%
United States
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How hot is the 08618 housing market?
08618 is somewhat competitive. Homes sell in 43 days.
0
100
58
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 around list price and go pending in around 43 days.
Hot homes
can sell for about 6% above list price and go pending in around 23 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 08618 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08618.
Risk Factor
Flood Factor - Major
25% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08618 has a major risk of flooding. 2,568 properties in 08618 are likely to be
severely affected
by flooding over the next 30 years. This represents 25% of all properties in 08618. Flood risk is increasing slower than the national average.
30% of properties are at risk of wildfire over the next 30 years
Fire Factor
08618 has a moderate risk of wildfire. There are 4,379 properties in 08618 that have some risk of being affected by wildfire over the next 30 years. This represents 30% of all properties in 08618.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
08618 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08618 is most at risk from hurricanes. 14,276 properties in 08618 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 83 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 93 mph.