New Upward Trend in Contracts for 08540 Zip Code Real Estate Market

Sales fell this week to 40 homes sold in the 08540 zip code market over the last 30 days. However, a three-week positive trend for contracts was extended, with 69 pending transactions in the same time frame. The median sales price dropped to $465,000 over the latest reporting period for the 08540 zip code, down from $505,000. The 08540 zip code is a definite buyer's market, due to a big seven months of inventory left and aided by the dip in sales.

Be the first to look at these new listings in the 08540 zip code and you could discover the right home:

$699K   $365K   $699K  

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 median house value here is $503,500.
  • This area usually gets 100 rainy days each year. (U.S. average: 100)
  • This area has an unemployment rate of 7.4%.
  • For every teacher there are 13.9 students in this area. (15.3 = national average)

Data reported through 10/19/2016

Comments:

Ask a local expert about this area:
Weichert Realtors
4 reviews
Snapped 5 homes in this area
Berkshire Hathaway Fox & Roach Realtors
Snapped 4 homes in this area

Agents that specialize in this area
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