Is Merchantville, NJ 08109 a buyer’s or seller’s market?

The Merchantville housing market right now

In the three months ending August 31, 2026, 53% of homes in Merchantville, NJ 08109 sold above their list price, the typical home went under contract in 30 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 60 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 46%, homes sold more slowly (18 days then) and the median sale price fell 3% to $359,844. Overall, Merchantville is more competitive than a year ago, so tougher for buyers.

Within Camden County, homes here sell more slowly than in 56% of the county’s ZIP codes, and sell more often over asking than in 56%. On our competition score, Merchantville ranks #202 of 444 NJ ZIP codes with enough sales (score 79 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) and Stratford 08084 (67% sold over asking) are even more competitive.