08003 Home Values & Market Trends
There are 23 homes currently listed for 08003. 08003 real estate market trends show that home prices range from $225,000 to $1,895,000, and the median sales price in the 08003 zip code is $501,193.1. The total number of properties sold within the past twelve months is 414. In 08003, 77 properties are in foreclosure, 2 are bank owned properties,and 8 are headed for auction.
Housing Market Summary for 08003
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $537.5K | $490.4K | -8.76% |
| Median Sold Price | $420K | $490.4K | 16.76% |
| Homes For Sale | 12 | 30 | 150.00% |
| Homes Sold | 206 | 193 | -6.31% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 08003
Browse Homes in 08003
The median list price of a home in Cherry Hill, is $501,193.1. A total of 23 properties are for sale, and the percentage of properties for sale in the zip code is 23.00%. The total count of 08003 properties is 10,620.
- Pre-ForeclosurePre-foreclosure homes account for 0.63% of all residential properties in 08003 with cherry hill containing 171 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 08003; of that cities, the estimated home value for pre-foreclosure homes ranges from $723,800 in cherry hill to the lowest home value of $99,360 in cherry hill.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 08003 ranges from the highest value of $536,000 in cherry hill to the lowest value of $124,400 in cherry hill. Bank owned homes and properties account for 0.02% of properties in 08003. There is 1 cities within 08003; cherry hill containing 4 REO properties, has the highest number of bank owned properties in a single city.
- Auctionscherry hill has 13 auction properties, the highest number of properties going to auction in a single city in the state of 08003. Auction homes and other auction properties account for 0.08% of all properties in 08003. There is 1 cities within 08003; of that cities, the median estimated home value for homes going to auction ranges from $670,500 in cherry hill to the lowest value of $168,500 in cherry hill.
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Guide for 08003
The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.
The Jersey City real estate market continues to show robust growth with prices rising to an average of $595,000 per property and $394 per square foot in February 2024.
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.