The 08873 housing market is very competitive. Homes in 08873 receive 3 offers on average and sell in around 22 days. The median sale price of a home in 08873 was $506K last month, up 4.5% since last year. The median sale price per square foot in 08873 is $300, up 6.2% since last year.
In November 2024, 08873 home prices were up 4.5% compared to last year, selling for a median price of $506K. On average, homes in 08873 sell after 22 days on the market compared to 22 days last year. There were 136 homes sold in November this year, down from 138 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$505,500
+4.5% YoY | Nov 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Nov 2024
Growth
% YoY
08873, NJ
$505,500
+4.5%
United States
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How hot is the 08873 housing market?
08873 is very competitive. Homes sell in 22.5 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 4% above list price and go pending in around 23 days.
Hot homes
can sell for about 8% above list price and go pending in around 13 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 08873 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08873.
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08873 has a minor risk of flooding. 503 properties in 08873 are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in 08873. Flood risk is increasing slower than the national average.
36% of properties are at risk of wildfire over the next 30 years
Fire Factor
08873 has a moderate risk of wildfire. There are 6,404 properties in 08873 that have some risk of being affected by wildfire over the next 30 years. This represents 36% of all properties in 08873.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
08873 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08873 is most at risk from hurricanes. 17,612 properties in 08873 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 90 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 97 mph.