Is Somerdale, NJ 08083 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Somerdale is a seller’s market. With about 2 months of supply and 66% 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.

Competition score90/ 100

More competitive than 95% of U.S. ZIP codes, and #85 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

Months of supply2Under 4 months = seller’s market
Sold above original list65.8%Share of sales, last 3 months
Median sale-to-list102.8%Sold price ÷ list price
Median days on market21Listing to accepted offer
Median price per sq ft$249▲ +18.0% vs. last year

The Somerdale housing market right now

In the three months ending August 31, 2026, 66% of homes in Somerdale, NJ 08083 sold above their list price, the typical home went under contract in 21 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 42 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 76%, homes sold faster (29 days then) and the median sale price held steady to $349,849. Overall, Somerdale is less competitive than a year ago, which gives buyers more room.

Within Camden County, homes here sell faster than in 81% of the county’s ZIP codes, and sell more often over asking than in 94%. On our competition score, Somerdale ranks #85 of 444 NJ ZIP codes with enough sales (score 90 out of 100).

Nearby, buyers who want less competition could look at Camden 08102 (20% sold over asking) or Gibbsboro 08026 (28% sold over asking), while Mount Ephraim 08059 (73% sold over asking) is even more competitive.

Nearby markets

Atco 08004Seller’s market $207 /sq ftAudubon 08106Seller’s market $280 /sq ftBarrington 08007Seller’s market $264 /sq ftBellmawr 08031Seller’s market $235 /sq ft Browse all markets →

Where Somerdale is

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Questions about Somerdale real estate

Is Somerdale a buyer’s or seller’s market?

A seller’s market: there were 2 months of supply in Somerdale, NJ 08083 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 Somerdale?

The typical home went under contract in 21 days in the latest three months.

Do homes in Somerdale sell over asking?

66% of homes sold above their original list price, and the typical sale closed at 102.8% of the list price.

What are property taxes in Somerdale?

About 2.87% of a home’s value a year in Somerdale Boro, Camden County, or roughly $11,492 on a $400,000 home.

What is the median home price in Somerdale?

The median sale price was $349,849 in the three months ending August 31, 2026, about $249 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