The story of this market
The typical home in ZIP 08037 sells for about $406,000, or $249 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 82 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,523 a month.
ZIP 08037 — Hammonton
The 08037 housing market is characterized as very competitive with a median home price of $406,000. Values have shown a 3.2% year-over-year increase, reflecting steady demand in the Hammonton area.
The area features a large senior population and a significant number of single-parent households, making it a potential fit for retirees and families seeking a suburban environment in southern New Jersey.
Median prices moved up 3.2% year over year.
Homes spend a median of 82 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.1% · poverty 9.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 08037
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The mean travel time to work for residents is approximately 30.3 minutes.
The local economy is part of the Atlantic City-Hammonton metropolitan area, with a median household income of $81,312.
Data retrieved from Census Reporter profile for ZCTA 08037.
No county-record distress flags across 1 researched property on the ARED base layer. Key-figure check: median price diverges 29.4% from the nearest retained anchor (researched-property base layer) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: confirmed genuine market swing — the flagged $406,000 was independently re-read and corroborated by 2 source(s); it stands as the new anchor baseline.