08831 — Middlesex County, New Jersey Market Snapshot
Housing market data for zip code 08831 in Middlesex County, New Jersey. Updated monthly with median prices, days on market, and more.
Market Sales Data
24 sales in 2026 (year to date)
Median Sale Price
$463,390
Days to Sell
130
Homes Sold
24
Inventory
31
Sale-to-List
98.5%
New Listings
32
Price/SqFt
$348
Pending Sales
29
Conforming Loan Available
Most homebuyers in 08831 can comfortably use conventional financing. The median home price of $463,390 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 130 days on average, 08831 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 08831 (98.5% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 08831 can comfortably use conventional financing. The median home price of $463,390 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 08831 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 08831
To purchase the median home at $463,390 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,700.
Monthly Payment
$3,700
Income Required
$158,586
Principal & Interest
$2,855/mo
Down Payment (5%)
$23,170
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 08831.
Estimated Monthly Payment
$3,018
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