The 08638 housing market is very competitive. The median sale price of a home in 08638 was $348K last month, up 28.1% since last year. The median sale price per square foot in 08638 is $250, up 30.5% since last year.
In November 2024, 08638 home prices were up 28.1% compared to last year, selling for a median price of $348K. On average, homes in 08638 sell after 46 days on the market compared to 46 days last year. There were 63 homes sold in November this year, up from 58 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$348,000
+28.1% YoY | Nov 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Nov 2024
Growth
% YoY
08638, NJ
$348,000
+28.1%
United States
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How hot is the 08638 housing market?
08638 is very competitive. Homes sell in 50 days.
0
100
73
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 1% above list price and go pending in around 50 days.
Hot homes
can sell for about 6% above list price and go pending in around 26 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 08638 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08638.
Flood Factor - Minor
23% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08638 has a minor risk of flooding. 1,006 properties in 08638 are likely to be
severely affected
by flooding over the next 30 years. This represents 23% of all properties in 08638. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
08638 has a moderate risk of wildfire. There are 230 properties in 08638 that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in 08638.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
08638 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08638 is most at risk from hurricanes. 9,136 properties in 08638 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.