Is Mount Royal, NJ 08061 a buyer’s or seller’s market?
Mount Royal is a seller’s market. With about 1.6 months of supply and 56% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 92% of U.S. ZIP codes, and #127 of 444 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Mount Royal housing market right now
In the three months ending August 31, 2026, 56% of homes in Mount Royal, NJ 08061 sold above their list price, the typical home went under contract in 30 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 19 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 65%, homes sold more slowly (17 days then) and the median sale price rose 41% to $532,220. Overall, Mount Royal is less competitive than a year ago, which gives buyers more room.
Within Gloucester County, homes here sell more slowly than in 64% of the county’s ZIP codes, and sell more often over asking than in 86%. On our competition score, Mount Royal ranks #127 of 444 NJ ZIP codes with enough sales (score 87 out of 100).
Nearby, buyers who want less competition could look at Malaga 08328 (25% sold over asking) or Clayton 08312 (30% sold over asking), while Bridgeport 08014 (100% sold over asking) and Gibbstown 08027 (63% sold over asking) are even more competitive.
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Nearby markets
Bridgeport 08014Buyer’s market $253 /sq ftClarksboro 08020Balanced $242 /sq ftClayton 08312Seller’s market $208 /sq ftDeptford 08096Seller’s market $222 /sq ft Browse all markets →Towns like Mount Royal nearby
Find towns like Mount Royal in other states →Where Mount Royal is
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Questions about Mount Royal real estate
Is Mount Royal a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Mount Royal, NJ 08061 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Mount Royal?
The typical home went under contract in 30 days in the latest three months.
Do homes in Mount Royal sell over asking?
56% of homes sold above their original list price, and the typical sale closed at 102.2% of the list price.
What are property taxes in Mount Royal?
About 2.41% of a home’s value a year in Gloucester County, where towns range from 1.49% to 3.25%, or roughly $9,648 on a $400,000 home.
What is the median home price in Mount Royal?
The median sale price was $532,220 in the three months ending August 31, 2026, about $233 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology