$225K  
The 08081 zip code market looked active in this week's report, as the number of home sales climbed 5.3%, pushing the total to 80 homes sold over the last 30 days. Within the same time frame, the 08096 zip code had 62 sales, the most of all zip codes in the area. The median sales price rose to $176,500, up from last week's $174,000.
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$489K  
In this week's report, the number of homes sold in the 08081 zip code market fell to 75 over the past 30 days, a decrease of 7.4% from last week's report, but still above the monthly average. Within the same time frame, the 08096 zip code had 65 sales, the most of all zip codes in the area. The median sales price rose to $165,000, up from last week's $150,000.
Comments:

$110K  
In this week's report, the number of homes sold in the 08081 zip code market dropped to 80 over the past 30 days, a decrease of 15.8% from last week's report, but still above the monthly average. In comparison, the nearby 08096 zip code had 62 sales in the same time frame, the most of all neighboring zip codes. The median sales price rose to $150,000, up from last week's $136,740.
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The population of the 08081 zip code is somewhat affluent compared to others in New Jersey with a median income of $72,352 per household. It's also considered a much less expensive zip code in terms of affordability with a cost of living adjustment score of 112.2. With a median age of 23 years, homes in the 08081 zip code tend to be of moderate age.
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$295K  
While home sales in the 08081 zip code market have been above average, in this week's report they fell 2.2% to 87 homes sold over the last 30 days. On the other hand, 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 dropped to $131,000 over the latest reporting period for the 08081 zip code, down from $142,000.
Comments:

$295K  
The 08081 zip code market was busy in this week's report, as the number of home sales climbed 4.7%, pushing the total to 89 homes sold over the last 30 days. In comparison, the nearby 08096 zip code had 50 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $142,000, down from last week's $148,000.
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$189K  
The 08081 zip code market seems to be weakening, as the number of contracts executed fell to 100, the lowest levels since January. Meanwhile sales came in at 81 homes sold over the last 30 days. In comparison, 08096 led all other nearby zip codes with 68 contracts executed. Prices are falling in the 08081 zip code, and this period the median price of all sales fell from $163,319 to $150,000.
Comments:

$174K  
There were 67 home sales in the 08081 zip code market over the last 30 days. In comparison, the nearby 08021 zip code had 58 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices went up in the 08081 zip code, with the median for this period rising from $169,500 to $180,000.
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$219K  
The 08081 zip code market slowed with a 21.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 64.5 monthly average with 64 homes sold. Meanwhile, the 08080 zip code reported 46 home sales, the highest number from all the surrounding zip codes. The median sales price of all transactions in the 08081 zip code did not budge this week, remaining at $175,000. With decreasing sales and the availability of seven months of inventory, the 08081 zip code is a definite buyer's market.
Comments:

$173K  
08081 is a larger than average zip code in New Jersey with 49,300 residents. Its population is growing slightly faster than the rest of the state, at a 10-year growth rate of 14.0%. Keep in mind, most people in the 08081 zip code own their homes, with a 79.2% ownership ratio.
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