08036 Zip Code Real Estate Market Continues Weakening in Contracts

Over the last 30 days, the 08036 zip code market had a lift in home sales with five. But as sales edged up, the number of pending transactions continued to decline, with a total of five contracts during the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Prices are falling in the 08036 zip code, and this period the median price of all sales fell from $217,500 to $139,000. The 08036 zip code is still a strong buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.

Early bird gets the worm, so be sure to take a look at these new listings in the 08036 zip code:

$410K   $420K   $229K  

Get started right now by checking out 08036 homes for sale or reviewing 08036 real estate trends.

Demographic facts for the 08036 zip code:

  • The median house value here is $297,500.
  • The area gets an average of 114 rainy days each year. (U.S. average: 100)
  • The area's unemployment rate is 8.6%.
  • The student-to-teacher ratio is 12.2:1. (15.3:1 = national average)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
RE/MAX Hometown Realtors
10 reviews
Berkshire Hathaways HS Fox&Roach Realtors
Snapped 1 home in this area

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