The population of the 08109 zip code is less affluent than average compared to others in New Jersey with a median income of $59,321 per household. It's also considered a much less expensive zip code in terms of affordability with a cost of living adjustment score of 110.5. Homes in the 08109 zip code are older than most with a median age of 53 years. Heading the list of top schools in the zip code is Oaklyn Junior.
Comments:

$310K  
The 08109 zip code market slowed with a 14.3% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (28.0) with 30 homes sold. In comparison, the nearby 19134 zip code had 53 sales in the same time frame, the most of all neighboring zip codes. Prices are falling in the 08109 zip code, and this period the median price of all sales fell from $121,000 to $110,500.
Comments:

$429K  
The 08109 zip code market saw sales rise 2.9% and it is currently in the midst of a determined upward sales trend, including 35 homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. The median sales price dropped to $121,000, down from last week's $124,600.
Comments:

$449K  
The 08109 zip code market slowed with a 5.7% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (25.7) with 33 homes sold. Meanwhile, the 19134 zip code reported 43 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $111,000, down from last week's $143,100.
Comments:

$449K  
Over the last 30 days, the sale of 35 homes took place in the 08109 zip code market. This shows a 9.4% spike from the prior period and the continuation of a budding upward trend. As sales trended higher, the median sales price climbed with it, trending upwards for four weeks to reach $143,100.
Comments:

08109 is a larger than average zip code in New Jersey with 22,492 residents. Also, it has seen a 1.3% decrease in population over the last 10 years. Detached homes account for 86% of the area's current housing market. Heading the list of top schools in the zip code is Oaklyn Junior.
Comments:

$449K  
The 08109 zip code market warmed up in this week's report, as the number of home sales climbed 3.3%, pushing the total to 31 homes sold over the last 30 days. Within the same time frame, the 19134 zip code had 55 sales, the most of all zip codes in the area. The median sales price dropped to $140,000, down from last week's $146,250.
Comments:

$140K  
The 08109 zip code market looked solid this week as sales rose 7.4% to hit 29 homes sold over the last 30 days. In comparison, the nearby 19134 zip code had 63 sales in the same time frame, the most of all neighboring zip codes. Months of inventory continued a steady fall, trending downwards for four weeks to reach five months.
Comments:

$399K  
This week saw another record in a three-week trend in sales growth for the 08109 zip code market. It resulted in 26 homes selling over 30 days, which is a 30.0% spike from last week's number and also the highest amount since December. When comparing other close-by zip codes within the same period, the most came from the 19134 zip code with 61 sales. As sales reached a plateau, they seem to be correlating to a drop in months of inventory, which hit a three-month low at six months.
Comments:

$140K  
The number of home sales in the 08109 zip code market rose 25.0% to 20 homes over the last 30 days, coming close to the 24.7 monthly average for the last 12 months. In comparison, the nearby 19134 zip code had 56 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $125,500 over the latest reporting period for the 08109 zip code, down from $131,000. The 08109 zip code is still a solid buyer's market, in spite of the uptick in sales, thanks to the availability of eight months of remaining inventory.
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