08502 Housing Market

$996,149

5.7% 1-yr

The average 08502 home value is $996,149, up 5.7% 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

08502 Key Takeaways

Typical Home Values: $996,149

1-year Value Change: +5.7%

(Data through April 30, 2025)

08502 Housing Market Overview

1.2%1-year Market Forecast(April 30, 2025)

11For sale inventory(April 30, 2025)

5New 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
08553$741,128
08558$1,040,843
08844$685,568
08528--
08823$418,684
08821--
08824$737,006
08540$974,064
08542$874,521

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08502 Rental Market Trends

--Average rent in 08502

$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.