08051 — Gloucester County, New Jersey Market Snapshot
Housing market data for zip code 08051 in Gloucester County, New Jersey. Updated monthly with median prices, days on market, and more.
Market Sales Data
36 sales in 2026 (year to date)
Median Sale Price
$252,500
Days to Sell
29
Homes Sold
36
Inventory
26
Sale-to-List
99.4%
New Listings
52
Price/SqFt
$229
Pending Sales
53
Conforming Loan Available
Most homebuyers in 08051 can comfortably use conventional financing. The median home price of $252,500 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 08051 are moving quickly at 29 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 08051 (99.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 08051 can comfortably use conventional financing. The median home price of $252,500 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 08051 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 08051
To purchase the median home at $252,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,085.
Monthly Payment
$2,085
Income Required
$89,339
Principal & Interest
$1,556/mo
Down Payment (5%)
$12,625
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 08051.
Estimated Monthly Payment
$1,713
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