08406 Zip Code Real Estate Market Continues Weakness in New Listings

With a confirmed downward trend of new sellers listing homes, including zero over the last 30 days, and sales that remained flat at one in that same time frame, the 08406 zip code market will be slowing. The median sales price of all transactions in the 08406 zip code did not budge this week, remaining at $132,000. The 08406 zip code is a definite buyer's market, due to a big 14 months of inventory left and aided by the flat sales.

Trying to find a home in the 08406 zip code that offers more bedrooms? Then check out these listings that provide the most bedrooms in the area:

$1.6M   $1.4M   $1.6M  

Get started right now by checking out 08406 homes for sale or reviewing 08406 real estate trends.

Demographic facts for the 08406 zip code:

  • The median value of all homes is $240,000.
  • The area gets 111 rainy days a year. (U.S. average: 100)
  • The unemployment rate is 12.4%.
  • The students per teacher ratio in this area is 11.9:1. (15.3:1 = national average)

Data reported through 10/12/2016


Ask a local expert about this area:
Berkshire Hathaway HomeServices Fox & Roach Realtors
Snapped 2 homes in this area
Keller Williams
Snapped 3 homes in this area
REMAX Platinum properties
Snapped 1 home in this area

Agents that specialize in this area
1 snap in this area
6 snaps in this area
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