08345 — Cumberland County, New Jersey Market Snapshot
Housing market data for zip code 08345 in Cumberland County, New Jersey. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 1 home sold in this ZIP code during the selected period. Statistics may not be representative. See the Cumberland County county page for broader data.
Market Sales Data
1 sales in 2026 (year to date)
Median Sale Price
$256,000
Days to Sell
12
Homes Sold
1
Inventory
5
Conforming Loan Available
Most homebuyers in 08345 can comfortably use conventional financing. The median home price of $256,000 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
08345 is an extremely competitive market with homes selling in just 12 days on average. Buyers need pre-approval letters ready before making offers.
Conforming Loan Feasibility
Most homebuyers in 08345 can comfortably use conventional financing. The median home price of $256,000 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 08345 are set at the county level.
2026 Loan Limits — Cumberland County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 08345
To purchase the median home at $256,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,111.
Monthly Payment
$2,111
Income Required
$90,488
Principal & Interest
$1,577/mo
Down Payment (5%)
$12,800
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 08345.
Estimated Monthly Payment
$1,734
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