Is Bound Brook, NJ 08805 a buyer’s or seller’s market?
Bound Brook is a seller’s market. With about 1.6 months of supply and 62% 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.
#27 of 110 ZIP codes in Middlesex, Monmouth, Ocean & Somerset, NJ, and #206 of 531 across all the markets we track.
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. How the heat score works
The Bound Brook housing market right now
In the three months ending August 31, 2026, 62% of homes in Bound Brook, NJ 08805 sold above their list price, the typical home went under contract in 27 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. That’s based on 27 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 46%, homes sold about as fast and the median sale price rose 8% to $554,760. Overall, Bound Brook is more competitive than a year ago, so tougher for buyers.
Within Somerset County, homes here sell more slowly than in 91% of the county’s ZIP codes, and sell more often over asking than in 55%. On our competition score, Bound Brook ranks #91 of 444 NJ ZIP codes with enough sales (score 90 out of 100).
Nearby, buyers who want less competition could look at Warren 07059 (39% sold over asking) or Watchung 07069 (46% sold over asking), while Bedminster 07921 (80% sold over asking) and Raritan 08869 (79% sold over asking) are even more competitive.
Run the numbers for 08805
Nearby markets
Basking Ridge 07920Seller’s market $439 /sq ftBedminster 07921Seller’s market $456 /sq ftBelle Mead 08502Seller’s market $384 /sq ftBernardsville 07924Seller’s market $472 /sq ft Browse all markets →Towns like Bound Brook nearby
Find towns like Bound Brook in other states →Where Bound Brook is
Loading map…
Questions about Bound Brook real estate
Is Bound Brook a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Bound Brook, NJ 08805 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 Bound Brook?
The typical home went under contract in 27 days in the latest three months.
Do homes in Bound Brook sell over asking?
62% of homes sold above their original list price, and the typical sale closed at 103.2% of the list price.
What are property taxes in Bound Brook?
About 2.23% of a home’s value a year in Bound Brook Boro, Somerset County, or roughly $8,940 on a $400,000 home.
What is the median home price in Bound Brook?
The median sale price was $554,760 in the three months ending August 31, 2026, about $331 per square foot.
Local agents
See all agents in 08805 →No sponsored agents in 08805 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 08805
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology