08083 Home Values & Market Trends
There are 193 homes currently listed for 08083. 08083 real estate market trends show that home prices range from $139,500 to $529,900, and the median sales price in the 08083 zip code is $359,242. The total number of properties sold within the past twelve months is 164. In 08083, 48 properties are in foreclosure, 0 are bank owned properties,and 4 are headed for auction.
08083 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Somerdale | $ 359,242 $ 238/sqft |
Housing Market Summary for 08083
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $325K | $339.4K | 4.45% |
| Median Sold Price | $346.5K | $321.1K | -7.33% |
| Homes For Sale | 108 | 189 | 75.00% |
| Homes Sold | 53 | 32 | -39.62% |
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 08083
Browse Homes in 08083
The median list price of a home in Somerdale, is $359,242. A total of 193 properties are for sale, and the percentage of properties for sale in the zip code is 193.00%. The total count of 08083 properties is 322.
- Pre-ForeclosurePre-foreclosure homes account for 13.66% of all residential properties in 08083 with somerdale containing 44 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 08083; of that cities, the estimated home value for pre-foreclosure homes ranges from $476,276 in somerdale to the lowest home value of $224,519 in somerdale.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 08083 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 08083. There is 1 cities within 08083; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionssomerdale has 4 auction properties, the highest number of properties going to auction in a single city in the state of 08083. Auction homes and other auction properties account for 1.24% of all properties in 08083. There is 1 cities within 08083; of that cities, the median estimated home value for homes going to auction ranges from $470,826 in somerdale to the lowest value of $273,101 in somerdale.
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Guide for 08083
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
