Updated May 2026 · Redfin · 3-month window
08318 Real Estate Market Update: Elmer, NJ, May 2026
The latest housing-market numbers for ZIP code 08318 in Elmer, New Jersey, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $225K | ▲ +21.4% | ▼ -35.7% |
| Days on market | 49 | ▼ -49.5% | ▲ +92.2% |
| Homes for sale | 29 | ▼ -6.5% | ▲ +26.1% |
| Sale-to-list | 98.0% | ▲ +3.7% | ▼ -0.2% |
| Homes sold | 25 | ▲ +19.0% | ▼ -24.2% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 08318 numbers say
The 08318 ZIP in Elmer is cooling. The median sale price sits at $225,000, 35.7% below last year. Pace is steady: a typical listing goes under contract in about 49 days, with sellers getting 98.0% of list price.
Based on 25 recent sales, 08318 is currently an active market.
What this means if you sell in 08318
Use these figures to set expectations early. Lead a listing appointment with the median price and the 49-day pace, show the year-over-year direction, and frame 08318 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Elmer post →Frequently asked: the 08318 housing market
- What is the median home price in ZIP 08318 (Elmer, NJ)?
- As of May 2026, the median sale price in ZIP 08318 is $225,000 (-35.7% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 08318 a buyer's or seller's market right now?
- ZIP 08318 is currently an active market, based on a 98.0% sale-to-list ratio, about 49 days on market for May 2026.
- How long do homes take to sell in ZIP 08318?
- A typical listing in 08318 goes under contract in about 49 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 08318 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.