08501 Housing Market

$701,471

4.8% 1-yr

The average 08501 home value is $701,471, up 4.8% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

08501 Key Takeaways

Typical Home Values: $701,471

1-year Value Change: +4.8%

(Data through April 30, 2025)

08501 Housing Market Overview

1.9%1-year Market Forecast(April 30, 2025)

16For sale inventory(April 30, 2025)

8New listings(April 30, 2025)

--Median sale to list ratio

--Median sale price(March 31, 2025)

--Median list price(April 30, 2025)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Zip Codes

NameMedian ZHVI
08514$691,449
08691$653,144
08620$466,898
08515$704,837
08555$475,603
08562$519,685
08520$474,654
08510$910,460
08690$485,567

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08501 Homes for Sale

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08501 Rental Market Trends

--Average rent in 08501

$2,024National average rent(April 30, 2025)

--Month-over-month change

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.