Is Thorofare, NJ 08086 a buyer’s or seller’s market?

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

Thorofare is a seller’s market. With about 2.7 months of supply and 41% 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 score77/ 100

More competitive than 82% of U.S. ZIP codes, and #235 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 supply2.7Under 4 months = seller’s market
Sold above original list40.7%Share of sales, last 3 months
Median sale-to-list100.1%Sold price ÷ list price
Median days on market18Listing to accepted offer
Median price per sq ft$209▼ −7.3% vs. last year

The Thorofare housing market right now

In the three months ending August 31, 2026, 41% of homes in Thorofare, NJ 08086 sold above their list price, the typical home went under contract in 18 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 28 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 52%, homes sold faster (27 days then) and the median sale price fell 3% to $334,855. Overall, Thorofare is less competitive than a year ago, which gives buyers more room.

Within Gloucester County, homes here sell faster than in 91% of the county’s ZIP codes, and sell less often over asking than in 73%. On our competition score, Thorofare ranks #235 of 444 NJ ZIP codes with enough sales (score 77 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.

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 →

Where Thorofare is

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Questions about Thorofare real estate

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

A seller’s market: there were 2.7 months of supply in Thorofare, NJ 08086 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 Thorofare?

The typical home went under contract in 18 days in the latest three months.

Do homes in Thorofare sell over asking?

41% of homes sold above their original list price, and the typical sale closed at 100.1% of the list price.

What are property taxes in Thorofare?

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 Thorofare?

The median sale price was $334,855 in the three months ending August 31, 2026, about $209 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