08029 is a smaller-than-average zip code in New Jersey with 4,781 residents. Its population is growing about even with the rest of the state, at a 10-year growth rate of -2.4%. Detached homes account for 96% of the area's current housing market. Topping the list of best schools in the zip code is Osage.
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$194K  
This week in the 08029 zip code market, sales rose to 20 homes sold over the last 30 days, even with an established downward trend in price reductions, with eight in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price remained unchanged over the latest reporting period for the 08029 zip code, coming in at $135,750. With just two months of inventory available and sales going up, the 08029 zip code is a solid seller's market.
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$165K  
The 08029 zip code market might be slowing in the coming weeks. Sales stayed steady at 17 homes sold over the last 30 days, but there is an established downward trend in the number of new listings, with 11 going live in the same time frame. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Prices are rising in the 08029 zip code, and the median sales price this period increased from $119,000 to $135,000. There are only two months of inventory available in the 08029 zip code, so it's a solid seller's market, even if sales are flat.
Comments:

$240K  
A record 15 homes were sold in the 08029 zip code market over the last 30 days, which is a new high going back to November. This is a 50.0% jump and comes on top of an extended four-week steady increase in sales activity. When comparing other close-by zip codes within the same period, the most came from the 08096 zip code with 62 sales. The median sales price dropped to $136,500 over the latest reporting period for the 08029 zip code, down from $153,750. The higher trending sales numbers and the fact that there are a lower-than-normal two months of inventory to work through indicate that the 08029 zip code is a definite seller's market.
Comments:

$240K  
The 08029 zip code market showed positive signs in this week's report, as the number of home sales rose 10.0%, pushing the total to 11 homes sold over the last 30 days. To put it in perspective, the close-by 08096 zip code registered 54 homes sold in the same period, the most of all surrounding zip codes. The median sales price of homes sold came in at $159,500, which extended a price upswing to eight weeks. The rising prices, along with the fact that there are a lower-than-normal three months of inventory, drive home the fact that the 08029 zip code is a seller's market.
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The 08029 zip code has a population that is younger than most in New Jersey with a median age of 42 years. Also, it's much less affluent than average with a median income of $53,005 per household. The 08029 zip code is an area where most people own their homes, with an ownership ratio of 75.0%. Heading the list of top schools in the zip code is Osage.
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$149K  
Sales rose to 10 homes sold over the last 30 days in the 08029 zip code market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to 11 for the same period. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose to $155,750 this week.
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$186K  
With eight homes sold in the 08029 zip code market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with 13 new listings for buyers to choose from. Months of inventory is on an eight-week downward trend, this week hitting five months.
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$120K  
Over the last 30 days, the 08029 zip code market got good news with seven homes sold. It marks a 133.3% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. Within the same time frame, the 08021 zip code had 58 sales, the most of all zip codes in the area. The median sales price rose to $170,000 over the latest reporting period for the 08029 zip code, up from $142,700.
Comments:

$240K  
In this week's report, the number of homes sold in the 08029 zip code market fell to three over the past 30 days, a decrease of 25.0% from last week's report. On the other hand, the close-by 08012 zip code registered 46 homes sold in the same period, the most of all surrounding zip codes. The median sales price of homes sold came in at $142,700, which extended a price upswing to four weeks. The 08029 zip code is a strong buyer's market, due to a big 14 months of inventory left and aided by the dip in sales.
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Bhhs Fox & Roach-Haddonfield
Snapped 4 homes in this area
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