Is Cedarville, NJ 08311 a buyer’s or seller’s market?

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

Cedarville is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.6%Sold price ÷ list price
Median days on market186Listing to accepted offer
Median price per sq ft$137▼ −39.1% vs. last year

The Cedarville housing market right now

In the three months ending August 31, 2026, 0% of homes in Cedarville, NJ 08311 sold above their list price, the typical home went under contract in 186 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 29%, homes sold more slowly (33 days then) and the median sale price fell 19% to $262,386. Overall, Cedarville is less competitive than a year ago, which gives buyers more room.

Within Cumberland County, homes here sell more slowly than in 93% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Milmay 08340 (100% sold over asking) and Shiloh 08353 (100% sold over asking) are even more competitive.

Nearby markets

Bridgeton 08302Balanced $181 /sq ftDelmont 08314 — /sq ftDorchester 08316Seller’s market $215 /sq ftFortescue 08321Balanced $169 /sq ft Browse all markets →

Where Cedarville is

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Questions about Cedarville real estate

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

A buyer’s market: there were 8 months of supply in Cedarville, NJ 08311 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 Cedarville?

The typical home went under contract in 186 days in the latest three months.

Do homes in Cedarville sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.6% of the list price.

What are property taxes in Cedarville?

About 2.51% of a home’s value a year in Cumberland County, where towns range from 2.16% to 3.63%, or roughly $10,044 on a $400,000 home.

What is the median home price in Cedarville?

The median sale price was $262,386 in the three months ending August 31, 2026, about $137 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