Is Hancocks Bridge, NJ 08038 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Hancocks Bridge is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Hancocks Bridge housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Salem County, NJ

Population	351
Median income	$90,179
Average income	$80,961
Median home value	$144,300
Owner-occupied	61% of homes
Median year built	1938

Natural hazard riskFlooding (very high), extreme heat (moderate), winter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 08038; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 08038

Prefilled for 08038Can I win this house?Multiple-offer likelihood for a listing Prefilled for 08038Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Alloway 08001Seller’s market $94 /sq ft Deepwater 08023 — /sq ft Elmer 08318Seller’s market $198 /sq ft Monroeville 08343Seller’s market $221 /sq ft Browse all markets →

Where Hancocks Bridge is

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Questions about Hancocks Bridge real estate

What are property taxes in Hancocks Bridge?

About 2.74% of a home’s value a year in Salem County, where towns range from 1.06% to 4.50%, or roughly $10,960 on a $400,000 home.

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More tools for 08038

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology