Is Perth Amboy, NJ 08861 a buyer’s or seller’s market?
Perth Amboy is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
#76 of 110 ZIP codes in Middlesex, Monmouth, Ocean & Somerset, NJ, and #396 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 Perth Amboy housing market right now
In the three months ending August 31, 2026, 63% of homes in Perth Amboy, NJ 08861 sold above their list price, the typical home went under contract in 89 days and there were 5.1 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 52 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 57%, homes sold more slowly (80 days then) and the median sale price held steady to $474,795. Overall, Perth Amboy is about as competitive as it was a year ago.
Within Middlesex County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 66%. On our competition score, Perth Amboy ranks #357 of 444 NJ ZIP codes with enough sales (score 61 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.
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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 →Towns like Perth Amboy nearby
Find towns like Perth Amboy in other states →Where Perth Amboy is
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Questions about Perth Amboy real estate
Is Perth Amboy a buyer’s or seller’s market?
A balanced market: there were 5.1 months of supply in Perth Amboy, NJ 08861 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 Perth Amboy?
The typical home went under contract in 89 days in the latest three months.
Do homes in Perth Amboy sell over asking?
63% of homes sold above their original list price, and the typical sale closed at 101.6% of the list price.
What are property taxes in Perth Amboy?
About 2.30% of a home’s value a year in Perth Amboy City, Middlesex County, or roughly $9,184 on a $400,000 home.
What is the median home price in Perth Amboy?
The median sale price was $474,795 in the three months ending August 31, 2026, about $328 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