08850 — Middlesex County, New Jersey Market Snapshot

Housing market data for zip code 08850 in Middlesex County, New Jersey. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

20 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$562,500

0.4% YoYClosed sales

Days to Sell

62

Median, listing to close

Homes Sold

20

Closed in 2026

Inventory

17

Sale-to-List

102.3%

New Listings

21

Price/SqFt

$413

Pending Sales

23

Conforming Loan Available

Most homebuyers in 08850 can comfortably use conventional financing. The median home price of $562,500 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 62 days on average, 08850 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 in 08850 are selling 2.3% above asking price on average, signaling strong competition. Buyers should budget above list price.

Conforming Loan Feasibility

Most homebuyers in 08850 can comfortably use conventional financing. The median home price of $562,500 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 08850 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 08850

To purchase the median home at $562,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,460.

Monthly Payment

$4,460

Income Required

$191,130

Principal & Interest

$3,466/mo

Down Payment (5%)

$28,125

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 08850.

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Estimated Monthly Payment

$3,631

Principal & Interest$2,919
Property Tax$563
Insurance$150
Loan Amount$450,000
Total Interest$600,728
Income Required$155,622/yr

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