Is Parlin, NJ 08859 a buyer’s or seller’s market?

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

Parlin is a seller’s market. With about 2.9 months of supply and 67% 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.

Heat score49/ 100

#39 of 110 ZIP codes in Middlesex, Monmouth, Ocean & Somerset, NJ, and #280 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

Months of supply2.9Under 4 months = seller’s market
Sold above original list66.6%Share of sales, last 3 months
Median sale-to-list102.9%Sold price ÷ list price
Median days on market47Listing to accepted offer
Median price per sq ft$372▲ +9.9% vs. last year

The Parlin housing market right now

In the three months ending August 31, 2026, 67% of homes in Parlin, NJ 08859 sold above their list price, the typical home went under contract in 47 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 62 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 50%, homes sold faster (58 days then) and the median sale price held steady to $529,771. Overall, Parlin is more competitive than a year ago, so tougher for buyers.

Within Middlesex County, homes here sell faster than in 91% of the county’s ZIP codes, and sell more often over asking than in 77%. On our competition score, Parlin ranks #225 of 444 NJ ZIP codes with enough sales (score 77 out of 100).

Nearby, buyers who want less competition could look at Plainsboro 08536 (26% sold over asking) or Monroe Township 08831 (35% sold over asking), while Sewaren 07077 (100% sold over asking) and Middlesex 08846 (87% sold over asking) are even more competitive.

Nearby markets

Avenel 07001Seller’s market $429 /sq ftCarteret 07008Balanced $355 /sq ftColonia 07067Seller’s market $393 /sq ftCranbury 08512Seller’s market $339 /sq ft Browse all markets →

Where Parlin is

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Questions about Parlin real estate

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

A seller’s market: there were 2.9 months of supply in Parlin, NJ 08859 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 Parlin?

The typical home went under contract in 47 days in the latest three months.

Do homes in Parlin sell over asking?

67% of homes sold above their original list price, and the typical sale closed at 102.9% of the list price.

What are property taxes in Parlin?

About 2.10% of a home’s value a year in Middlesex County, where towns range from 1.45% to 2.80%, or roughly $8,392 on a $400,000 home.

What is the median home price in Parlin?

The median sale price was $529,771 in the three months ending August 31, 2026, about $372 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