#NJBL2080108, Jasmin Elalfy, Listing Office: NJ Elite Group LLC
08060 Housing Market Report January 2025•Burlington County, New Jersey
Housing Prices in 08060, NJ
How much do homes in 08060, NJ cost?
Housing Market Conditions
Is 08060, NJ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
08060 is a Seller's Market
Difference Since January 2024
Since last year, 08060 has remained a Seller's Market.
08060 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 08060 have sold for 12.3% more than they did a year ago.
Summary: The median home sold price in 08060 was $410,000 in January 2025, up 12.3% from last year, and the median price per square foot was $225.
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $147K | $175K | +19.0% |
22 Bedrooms | $260K | $290K | +11.5% |
33 Bedrooms | $365K | $405K | +11.0% |
55+ Bedrooms | $374.9K | $526.5K | +40.4% |
44 Bedrooms | $410K | $455.2K | +11.0% |
Summary: 08060 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +19.0%. The home price for 2 bedroom homes increased by +11.5%. The home price for 3 bedroom homes increased by +11.0%. The home price for 5 bedroom homes increased by +40.4%. The home price for 4 bedroom homes increased by +11.0%.
Housing supply in 08060, NJ
How many homes are available in 08060, NJ?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
102Last MonthJan 2025 | ||
1002 months agoDec 2024 | +2.0 % Change MoMDec – Jan |
Summary: The 08060 real estate market had 102 homes for sale in Jan 2025, a 2.0 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
20Last MonthJan 2025 | ||
212 months agoDec 2024 | -4.8 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 1 | 0.0% |
22 Bedrooms | 18 | 20 | +11.1% |
33 Bedrooms | 48 | 50 | +4.2% |
55+ Bedrooms | 8 | 5 | -37.5% |
44 Bedrooms | 25 | 26 | +4.0% |
Summary: 08060 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +11.1%. The inventory for 3 bedroom homes increased by +4.2%. The inventory for 5 bedroom homes decreased by -37.5%. The inventory for 4 bedroom homes increased by +4.0%.
Asking Price vs. Sold Price
How much do homes in 08060, NJ cost?
Over Asking Price8 Homes
At Asking Price4 Homes
Under Asking Price8 Homes
If you're buying a home in 08060, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 08060 in January 2025, down by 4.8% month-over-month. Of the 20 sold homes, 40% were sold under asking, 20% were sold at asking, and and 40% were sold over asking.
Days on Market for 08060, NJ
How long does it take to sell a home in 08060, NJ?
Breakdown of Home Sale Times
Under 30 Days12 Homes
30 – 90 Days5 Homes
Over 90 Days2 Homes
Many homes in 08060 are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 20 homes were sold in 08060; 60% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
38 DaysThis YearJan 2025 | ||
23 Days1 year agoJan 2024 | +61.1 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 08060 had an average listing age of 38 days in Jan 2025, up by 61.1% compared to the previous year.
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Newest Listings in 08060, NJ
What homes are available in 08060, NJ?
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MLS Disclaimers and Copyright
Based on information from BrightMLS, Garden State MLS, ALL JERSEY MLS, and New Jersey MLS for the period 02/01/2023 - 02/01/2025
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/2/2025, 6:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.
Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/2/2025, 6:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/2/2025, 6:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.
Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/2/2025, 6:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.