08540 Zip Code Real Estate Market Continues Downward Trend in Home Prices

With home sales in the 08540 zip code market already below average, in this week's report they fell 10.6% to 42 homes sold over the last 30 days. On the other hand, the close-by 08648 zip code registered 38 homes sold in the same period, the most of all surrounding zip codes. Prices fell lower as this week's reported median sales price of $505,000 continued a four-week downward trend. The 08540 zip code is a strong buyer's market, due to falling prices and a large seven months of inventory left.

Trying to find a home at a bargain price? Take a look at these affordable homes in the 08540 zip code:

$116K   $188K   $223K  

Get started right now by checking out 08540 homes for sale or reviewing 08540 real estate trends.

Demographic facts for the 08540 zip code:

  • The population has increased 15.3% in the last 10 years.
  • The safety rating here is 81. (Scale: 1 = Worst, 100 = Best)
  • People in this area have an average commute to work of 31 minutes.

Data reported through 10/12/2016

Comments:

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Weichert Realtors
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Weichert
Snapped 1 home in this area
Berkshire Hathaway Home Services Fox & Roach Realtors Princeton, NJ
Snapped 4 homes in this area

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