Is Richland, NJ 08350 a buyer’s or seller’s market?
Richland is a seller’s market. With about 1.6 months of supply and 50% 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.
The Richland housing market right now
In the three months ending August 31, 2026, 50% of homes in Richland, NJ 08350 sold above their list price, the typical home went under contract in 59 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Within Atlantic County, homes here sell faster than in 57% of the county’s ZIP codes, and sell more often over asking than in 90%.
Nearby, buyers who want less competition could look at Estell Manor 08319 (0% sold over asking) or Port Republic 08241 (0% sold over asking), while Minotola 08341 (60% sold over asking) is even more competitive.
Run the numbers for 08350
Nearby markets
Absecon 08201Seller’s market $226 /sq ftAbsecon 08205Balanced $208 /sq ftAtlantic City 08401Buyer’s market $211 /sq ftBrigantine 08203Balanced $496 /sq ft Browse all markets →Where Richland is
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Questions about Richland real estate
Is Richland a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Richland, NJ 08350 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 Richland?
The typical home went under contract in 59 days in the latest three months.
Do homes in Richland sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 102.5% of the list price.
What are property taxes in Richland?
About 2.15% of a home’s value a year in Atlantic County, where towns range from 0.70% to 3.39%, or roughly $8,620 on a $400,000 home.
What is the median home price in Richland?
The median sale price was $444,808 in the three months ending August 31, 2026, about $189 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