08505 — Burlington County, New Jersey Market Snapshot
Housing market data for zip code 08505 in Burlington County, New Jersey. Updated monthly with median prices, days on market, and more.
Market Sales Data
26 sales in 2026 (year to date)
Median Sale Price
$524,995
Days to Sell
43
Homes Sold
26
Inventory
26
Sale-to-List
100.6%
New Listings
43
Price/SqFt
$283
Pending Sales
42
Conforming Loan Available
Most homebuyers in 08505 can comfortably use conventional financing. The median home price of $524,995 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
08505's market is balanced with homes taking an average of 43 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 08505 (100.6% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 08505 can comfortably use conventional financing. The median home price of $524,995 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 08505 are set at the county level.
2026 Loan Limits — Burlington County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $630,200 |
| 2 Units | $1,066,250 | $806,750 |
| 3 Units | $1,288,800 | $975,200 |
| 4 Units | $1,601,750 | $1,211,950 |
Affordability Snapshot — Zip 08505
To purchase the median home at $524,995 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,172.
Monthly Payment
$4,172
Income Required
$178,815
Principal & Interest
$3,235/mo
Down Payment (5%)
$26,250
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 08505.
Estimated Monthly Payment
$3,399
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