Is Mullica Hill, NJ 08062 a buyer’s or seller’s market?
Mullica Hill is a seller’s market. With about 2.3 months of supply and 43% 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 85% of U.S. ZIP codes, and #194 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 Mullica Hill housing market right now
In the three months ending August 31, 2026, 43% of homes in Mullica Hill, NJ 08062 sold above their list price, the typical home went under contract in 29 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 65 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 38%, homes sold about as fast and the median sale price rose 23% to $609,736. Overall, Mullica Hill is more competitive than a year ago, so tougher for buyers.
Within Gloucester County, homes here sell more slowly than in 59% of the county’s ZIP codes, and sell less often over asking than in 64%. On our competition score, Mullica Hill ranks #194 of 444 NJ ZIP codes with enough sales (score 80 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.
Run the numbers for 08062
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 Mullica Hill nearby
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Questions about Mullica Hill real estate
Is Mullica Hill a buyer’s or seller’s market?
A seller’s market: there were 2.3 months of supply in Mullica Hill, NJ 08062 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 Mullica Hill?
The typical home went under contract in 29 days in the latest three months.
Do homes in Mullica Hill sell over asking?
43% of homes sold above their original list price, and the typical sale closed at 101.8% of the list price.
What are property taxes in Mullica Hill?
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 Mullica Hill?
The median sale price was $609,736 in the three months ending August 31, 2026, about $252 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