08738 Housing Market

$1,975,185

9.1% 1-yr

The average 08738 home value is $1,975,185, up 9.1% 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

08738 Key Takeaways

Typical Home Values: $1,975,185

1-year Value Change: +9.1%

(Data through March 31, 2025)

08738 Housing Market Overview

--1-year Market Forecast

14For sale inventory(March 31, 2025)

5New listings(March 31, 2025)

--Median sale to list ratio

--Median sale price(February 28, 2025)

--Median list price(March 31, 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
08739$1,544,887
08723$480,018
08735$1,055,870
08742$772,195
08751$687,574
08724$482,319
08730$1,150,819
08753$511,798
08736$1,048,614

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08738 Rental Market Trends

--Average rent in 08738

$2,005National average rent(March 31, 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.