08053 — Burlington County, New Jersey Market Snapshot

Housing market data for zip code 08053 in Burlington County, New Jersey. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

37 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$400,000

50.4% YoYClosed sales

Days to Sell

16

Median, listing to close

Homes Sold

37

Closed in 2026

Inventory

28

Sale-to-List

101.5%

New Listings

62

Price/SqFt

$227

Pending Sales

59

Conforming Loan Available

Most homebuyers in 08053 can comfortably use conventional financing. The median home price of $400,000 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

Homes in 08053 are moving quickly at 16 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Sale-to-List Ratio

Homes are selling very close to asking price in 08053 (101.5% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 08053 can comfortably use conventional financing. The median home price of $400,000 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 08053 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 08053

To purchase the median home at $400,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,215.

Monthly Payment

$3,215

Income Required

$137,772

Principal & Interest

$2,465/mo

Down Payment (5%)

$20,000

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 08053.

%
%

Estimated Monthly Payment

$2,626

Principal & Interest$2,076
Property Tax$400
Insurance$150
Loan Amount$320,000
Total Interest$427,184
Income Required$112,522/yr

Connect with a LoanGraphs Loan Officer

Get expert guidance for zip code 08053. Tell us what you're looking for.

I'm interested in:

No obligation. Free consultation.