08311 is a zip code in New Jersey. It's less affluent than average and the cost of living is much less expensive compared to the rest of the state, with a median income of $55,248 per household and cost of living adjustment score of 105.0. The 08311 zip code is made up of homes that are considered older than most with a median of 51 years. The top school in the zip code is Plush Elementary School.
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$371K  
The 08311 zip code market slowed this week but was still better than normal as sales slid 33.3% to two homes sold over the last 30 days. Within the same time frame, the 08332 zip code had 26 sales, the most of all zip codes in the area. The median sales price jumped to $127,500 over the latest reporting period for the 08311 zip code, up from $37,500. With decreasing sales and the availability of 11 months of inventory, the 08311 zip code is a strong buyer's market.
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$371K  
The 08311 zip code market saw sales remain flat this week with three homes sold over the last 30 days and new listings also remain flat at four. Months of inventory continued a steady fall, trending downwards for four weeks to reach six months.
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$379K  
The 08311 zip code market looked busy in this week's report, as the number of home sales rose 33.3%, pushing the total to four homes sold over the last 30 days. In comparison, the nearby 08332 zip code had 31 sales in the same time frame, the most of all neighboring zip codes. The median sales price has been increasing as it hit $38,250, extending a four-week long spike.
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$379K  
With an emerging downward trend of new sellers listing homes, including three over the last 30 days, and sales that remained flat at three in that same time frame, the 08311 zip code market will be cooling. The median sales price of all transactions in the 08311 zip code did not budge this week, remaining at $39,000.
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$379K  
Sales remained steady from last week to this week, with three homes sold in the 08311 zip code market over the last 30 days. However, a new downturn in the number of pending transactions continued, with three completed in the same period. The median sales price remained unchanged over the latest reporting period for the 08311 zip code, coming in at $39,000.
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08311 is a small zip code in New Jersey with 1,862 residents. Its population is also growing faster than others at a 10-year growth rate of 10.6%. Detached homes account for 100% of the area's current housing market. The best school in the zip code is Plush Elementary School.
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$129K  
The 08311 zip code market made gains in this week's report, as the number of home sales rose 200.0%, pushing the total to three homes sold over the last 30 days. At the same time, the 08332 zip code reported 25 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices went up in the 08311 zip code, with the median for this period rising from $25,000 to $39,000.
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$129K  
Sales in the 08311 zip code market hit their lowest level since December. For the prior 30-day period, there was one home sold, a drop of 50.0%. In comparison, the 08332 zip code had 22 sales in the same time frame, the most of all nearby zip codes. At the same time that sales found a new low point, months of inventory expectedly rose to 17, its highest point since December. The 08311 zip code is still a solid buyer's market, based on the large amount of inventory to choose from and the downturn in sales.
Comments:

$129K  
The 08311 zip code market saw sales remain flat this week with two homes sold over the last 30 days but new listings tumbled to two. Potential buyers should note that prices went up in the 08311 zip code, with the median for this period rising from $14,200 to $26,000. The 08311 zip code is a strong buyer's market, thanks to a big eight months of inventory to choose from and the flat sales.
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