08027 — Gloucester County, New Jersey Market Snapshot

Housing market data for zip code 08027 in Gloucester County, New Jersey. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

12 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$350,850

15.6% YoYClosed sales

Days to Sell

15

Median, listing to close

Homes Sold

12

Closed in 2026

Inventory

10

Sale-to-List

102.0%

New Listings

19

Price/SqFt

$253

Pending Sales

15

Conforming Loan Available

Most homebuyers in 08027 can comfortably use conventional financing. The median home price of $350,850 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 08027 are moving quickly at 15 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 08027 (102.0% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 08027 can comfortably use conventional financing. The median home price of $350,850 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 08027 are set at the county level.

2026 Loan Limits — Gloucester 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 08027

To purchase the median home at $350,850 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,838.

Monthly Payment

$2,838

Income Required

$121,633

Principal & Interest

$2,162/mo

Down Payment (5%)

$17,543

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 08027.

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Estimated Monthly Payment

$2,321

Principal & Interest$1,820
Property Tax$351
Insurance$150
Loan Amount$280,680
Total Interest$374,696
Income Required$99,486/yr

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