Is Medford, NJ 08055 a buyer’s or seller’s market?

The Medford housing market right now

In the three months ending August 31, 2026, 49% of homes in Medford, NJ 08055 sold above their list price, the typical home went under contract in 23 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 136 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 43%, homes sold about as fast and the median sale price fell 10% to $620,981. Overall, Medford is more competitive than a year ago, so tougher for buyers.

Within Burlington County, homes here sell faster than in 88% of the county’s ZIP codes, and sell more often over asking than in 68%. On our competition score, Medford ranks #150 of 444 NJ ZIP codes with enough sales (score 85 out of 100).

Nearby, buyers who want less competition could look at Cookstown 08511 (0% sold over asking) or Chesterfield 08515 (22% sold over asking), while Bordentown 08505 (55% sold over asking) and Mount Laurel 08054 (54% sold over asking) are even more competitive.