08638 Zip Code Real Estate Market Continues Weakening in Contracts

Over the last 30 days, the 08638 zip code market was steady and saw 20 homes sold. However, the number of pending transactions continued to decline, with a total of 20 transactions during the same period. Prices are falling in the 08638 zip code, and this period the median price of all sales fell from $178,750 to $145,000. With a downward trend in contracts numbers and seven months of inventory still left to work through, the 08638 zip code is a definite buyer's market.

Looking for a more classic home in the 08638 zip code? These are older homes currently available in the market:

$185K   $167K   $140K  

Get started right now by checking out 08638 homes for sale or reviewing 08638 real estate trends.

Demographic facts about the 08638 zip code:

  • The median house value here is $120,000.
  • This area usually gets 120 rainy days each year. (U.S. average: 100)
  • The unemployment rate for this area is 7.6%.
  • There are 13.0 students for every teacher. (15.3 = national average)

Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Weichert Realtors
4 reviews
Coldwell Banker Schiavone & Assoc.
Snapped 2 homes in this area
Realty Mark Advantage
Snapped 4 homes in this area

Agents that specialize in this area
3 snaps in this area
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