Contracts Low Point in 08062 Zip Code Real Estate Market

The 08062 zip code market seems to be weakening. The number of contracts executed fell to 11, the lowest levels in three months. Sales are also heading downward, sliding to 13 homes sold over the last 30 days. When comparing other close-by zip codes within the same period, the most came from the 08080 zip code with 38 contracts executed. Prices are rising in the 08062 zip code, and the median sales price this period increased from $331,000 to $339,000. The 08062 zip code is a strong buyer's market with 10 months of inventory to choose from, aided by the downturn in contracts.

You never know when the perfect home may come in the market so take a look at the new listings in the 08062 zip code:

$434K   $529K   $430K  

Get started right now by checking out 08062 homes for sale or reviewing 08062 real estate trends.

Demographic facts for the 08062 zip code:

  • The median value of all homes is $305,400.
  • This area usually gets 101 rainy days each year. (U.S. average: 100)
  • This area has an unemployment rate of 9.0%.
  • The students per teacher ratio in this area is 14.7:1. (15.3:1 = national average)

Data reported through 10/12/2016


Ask a local expert about this area:
RE/MAX Connection
Keller Williams Realty
Snapped 4 homes in this area
Berkshire Hathaway Home Services Fox Roach Realtors
Snapped 1 home in this area

Agents that specialize in this area
1 snap in this area
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