08824 — Middlesex County, New Jersey Market Snapshot
Housing market data for zip code 08824 in Middlesex County, New Jersey. Updated monthly with median prices, days on market, and more.
Market Sales Data
28 sales in 2026 (year to date)
Median Sale Price
$773,500
Days to Sell
65
Homes Sold
28
Inventory
33
Sale-to-List
101.5%
New Listings
43
Price/SqFt
$339
Pending Sales
38
Conforming Loan Available
Most homebuyers in 08824 can comfortably use conventional financing. The median home price of $773,500 is well below the 2026 conforming loan limit of $1,209,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 65 days on average, 08824 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 08824 (101.5% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 08824 can comfortably use conventional financing. The median home price of $773,500 is well below the 2026 conforming loan limit of $1,209,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 08824 are set at the county level.
2026 Loan Limits — Middlesex County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $1,209,750 | $1,249,125 |
| 2 Units | $1,548,975 | $1,599,375 |
| 3 Units | $1,872,225 | $1,933,200 |
| 4 Units | $2,326,875 | $2,402,625 |
Affordability Snapshot — Zip 08824
To purchase the median home at $773,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $6,076.
Monthly Payment
$6,076
Income Required
$260,413
Principal & Interest
$4,766/mo
Down Payment (5%)
$38,675
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 08824.
Estimated Monthly Payment
$4,937
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