$240K  
With a confirmed upward trend of new sellers listing homes, including 17 over the last 30 days, and sales that have ticked up to six in that same time frame, the 08079 zip code market will be more intense. Potential buyers should note that prices are coming down in the 08079 zip code, and for this period the median sales price slid from $96,200 to $32,500. Even after the uptick in sales, an elevated 21 months of inventory tells us that the 08079 zip code is still a definite buyer's market.
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$105K  
Over the last 30 days, three homes were sold in the 08079 zip code market, up 50.0%. However, the market is still in a new downward trend overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. The median sales price tumbled to $96,200, down from last week's $163,100. Even after the uptick in sales, an elevated 39 months of inventory tells us that the 08079 zip code is still a solid buyer's market.
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$155K  
There were two home sales in the 08079 zip code market over the last 30 days. In comparison, the nearby 19709 zip code had 31 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped dramatically to $163,100, down from last week's $230,000. Even after the uptick in sales, an elevated 56 months of inventory tells us that the 08079 zip code is still a solid buyer's market.
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$129K  
The 08079 zip code market remained cold with one home sold in the last 30 days, a 66.7% sales drop. Within the same time frame, the 19709 zip code had 34 sales, the most of all zip codes in the area. The median sales price jumped to $230,000, up from last week's $25,100. The 08079 zip code is a solid buyer's market, due to a big 114 months of inventory left and aided by the dip in sales.
Comments:

$1.3M  
The 08079 zip code has a cost of living adjustment score of 98.1, which is much less expensive when compared to others in New Jersey. Also, the area is considered much less affluent than average with a median income of $47,251 per household. The 08079 zip code is made up of homes that are considered older than most with a median of 55 years. The best schools in the zip code are Union Valley Elementary School, Ann A Mullen Middle School, and Timber Creek High School.
Comments:

$129K  
The 08079 zip code market remained soft this week as sales fell 25.0% to land at three homes sold over the last 30 days. Meanwhile, the 19709 zip code reported 47 home sales, the highest number from all the surrounding zip codes. Prices are falling in the 08079 zip code, and this period the median price of all sales fell from $27,500 to $25,100. The 08079 zip code is a strong buyer's market, thanks to a big 38 months of inventory to choose from and a pullback in sales.
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$279K  
The 08079 zip code market broke below its 12-month average sales volume this week as sales dropped 42.9% to hit four homes sold over the last 30 days. Meanwhile, the 19709 zip code reported 46 home sales, the highest number from all the surrounding zip codes. Prices are falling in the 08079 zip code, and this period the median price of all sales fell from $29,900 to $27,500. Along with the slip in sales, a relatively high 28 months of inventory indicates that the 08079 zip code is a definite buyer's market.
Comments:

$265K  
The 08079 zip code market pulled back with a 12.5% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (6.9) with seven homes sold. In comparison, the nearby 19709 zip code had 54 sales in the same time frame, the most of all neighboring zip codes. The median sales price climbed to $29,900 over the latest reporting period for the 08079 zip code, up from $27,500. The 08079 zip code is a solid buyer's market, due to a big 16 months of inventory left and aided by the dip in sales.
Comments:

$699K  
The 08079 zip code market might be cooling off in the coming weeks. Sales dropped this week to seven homes sold over the last 30 days, and there is a confirmed downward trend in the number of new listings, with 10 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. Potential buyers should note that prices are coming down in the 08079 zip code, and for this period the median sales price slid from $32,400 to $29,900. The 08079 zip code is a definite buyer's market, due to a big 15 months of inventory left and aided by the dip in sales.
Comments:

$1.3M  
With 11,420 residents, 08079 is an average-sized zip code in New Jersey. Also, with 105.9 people per square mile, it has a much lower than average density in comparison to other parts of the state. The 08079 zip code is an area where most people own their homes, with an ownership ratio of 53.8%. Leading the list of best schools in the zip code are Union Valley Elementary School, Ann A Mullen Middle School, and Timber Creek High School.
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