The population of the 08048 zip code is somewhat affluent compared to others in New Jersey with a median income of $78,564 per household. It's also considered a less expensive zip code in terms of affordability with a cost of living adjustment score of 124.8. The 08048 zip code is made up of homes that are of moderate age with a median of 18 years. Heading the list of top schools in the zip code is M A T Elementary School.
Comments:

$1.5M  
The 08048 zip code market slowed with a 15.4% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 13.0 monthly average with 11 homes sold. Within the same time frame, the 08054 zip code had 77 sales, the most of all zip codes in the area. Prices were able to climb as this week's reported median sales price of $209,000 continued a four-week upswing. With decreasing sales and the availability of nine months of inventory, the 08048 zip code is a definite buyer's market.
Comments:

$495K  
The 08048 zip code market saw sales remain flat this week with 13 homes sold over the last 30 days, while new listings climbed to 34. The median sales price remained unchanged over the latest reporting period for the 08048 zip code, coming in at $228,000. The 08048 zip code is a definite buyer's market, thanks to a big eight months of inventory to choose from and the flat sales.
Comments:

$495K  
With home sales in the 08048 zip code market already below average, in this week's report they dropped 8.3% to 11 homes sold over the last 30 days. Meanwhile, the 08053 zip code reported 66 home sales, the highest number from all the surrounding zip codes. The median sales price of all transactions in the 08048 zip code did not budge this week, remaining at $228,000. The 08048 zip code is a definite buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
Comments:

$359K  
The 08048 zip code market got good news in this week's report, as the number of home sales rose 50.0%, pushing the total to 12 homes sold over the last 30 days. At the same time, the 08054 zip code reported 57 home sales, the highest number from all the surrounding zip codes. The median sales price climbed to $228,000 over the latest reporting period for the 08048 zip code, up from $203,500. Even after the uptick in sales, an elevated seven months of inventory tells us that the 08048 zip code is still a solid buyer's market.
Comments:

With 13,216 residents, 08048 is an average-sized zip code in New Jersey. Also, with a 21.9% increase over the last 10 years, its population is growing slower than other parts of the state. The 08048 zip code market primarily consists of detached houses, accounting for 74% of the current homes in the area. Heading the list of top schools in the zip code is M A T Elementary School.
Comments:

$1.5M  
The 08048 zip code market remained cold with seven homes sold in the last 30 days, a 22.2% sales drop. In comparison, the nearby 08054 zip code had 60 sales in the same time frame, the most of all neighboring zip codes. The median sales price remained unchanged over the latest reporting period for the 08048 zip code, coming in at $179,000. The 08048 zip code is a definite buyer's market, due to a big 12 months of inventory left and aided by the dip in sales.
Comments:

$679K  
The 08048 zip code market saw sales remain flat this week with nine homes sold over the last 30 days but new listings fell to 26. The median sales price rose to $179,000, up from last week's $160,000. The 08048 zip code is a definite buyer's market, due to a big nine months of inventory left and aided by the flat sales.
Comments:

$1.5M  
The 08048 zip code market saw sales drop 11.1% this week but it is currently in the midst of a confirmed upward sales trend, including eight homes sold over the last 30 days. The median sales price dropped to $164,950, down from last week's $169,900. With decreasing sales and the availability of 10 months of inventory, the 08048 zip code is a definite buyer's market.
Comments:

$118K  
The 08048 zip code market will be getting more competitive in the short term. Sales have fallen this week to eight homes sold over the last 30 days, and there is also a solid upward trend of new listings, with 29 going live in the same time frame. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. As more new listings came into the market, prices have been falling. The median sales price dropped to $208,200, extending a four-week long spiral. Along with the falling prices, the relatively large 10 months of inventory means that the 08048 zip code is a definite buyer's market.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page

Ask a local expert about this area:
Coldwell Banker Preferred-Haddonfield
Snapped 1 home in this area
Re/Max At Barnegat Bay-Manahawkin
Snapped 1 home in this area

©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.