Is Newfield, NJ 08344 a buyer’s or seller’s market?
Newfield is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 60% of U.S. ZIP codes, and #372 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 Newfield housing market right now
In the three months ending August 31, 2026, 38% of homes in Newfield, NJ 08344 sold above their list price, the typical home went under contract in 67 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 22 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 33%, homes sold more slowly (56 days then) and the median sale price fell 5% to $338,853. Overall, Newfield is about as competitive as it was a year ago.
Within Gloucester County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 86%. On our competition score, Newfield ranks #372 of 444 NJ ZIP codes with enough sales (score 58 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 08344
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 Newfield nearby
Find towns like Newfield in other states →Where Newfield is
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Questions about Newfield real estate
Is Newfield a buyer’s or seller’s market?
A balanced market: there were 4 months of supply in Newfield, NJ 08344 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 Newfield?
The typical home went under contract in 67 days in the latest three months.
Do homes in Newfield sell over asking?
38% of homes sold above their original list price, and the typical sale closed at 100.9% of the list price.
What are property taxes in Newfield?
About 2.44% of a home’s value a year in Newfield Boro, Gloucester County, or roughly $9,764 on a $400,000 home.
What is the median home price in Newfield?
The median sale price was $338,853 in the three months ending August 31, 2026, about $232 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