Is Spotswood, NJ 08884 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Spotswood is a balanced market. With about 5.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Heat score16/ 100

#99 of 110 ZIP codes in Middlesex, Monmouth, Ocean & Somerset, NJ, and #483 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 supply5.9Under 4 months = seller’s market
Sold above original list42.1%Share of sales, last 3 months
Median sale-to-list99.9%Sold price ÷ list price
Median days on market48Listing to accepted offer
Median price per sq ft$370▲ +8.8% vs. last year

The Spotswood housing market right now

In the three months ending August 31, 2026, 42% of homes in Spotswood, NJ 08884 sold above their list price, the typical home went under contract in 48 days and there were 5.9 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 20 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 32%, homes sold faster (71 days then) and the median sale price rose 7% to $499,784. Overall, Spotswood is more competitive than a year ago, so tougher for buyers.

Within Middlesex County, homes here sell faster than in 89% of the county’s ZIP codes, and sell less often over asking than in 86%. On our competition score, Spotswood ranks #378 of 444 NJ ZIP codes with enough sales (score 56 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 Spotswood is

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Questions about Spotswood real estate

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

A balanced market: there were 5.9 months of supply in Spotswood, NJ 08884 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 Spotswood?

The typical home went under contract in 48 days in the latest three months.

Do homes in Spotswood sell over asking?

42% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.

What are property taxes in Spotswood?

About 2.28% of a home’s value a year in Spotswood Boro, Middlesex County, or roughly $9,104 on a $400,000 home.

What is the median home price in Spotswood?

The median sale price was $499,784 in the three months ending August 31, 2026, about $370 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