ZIP Code 08105 Housing Market

📝 Local Market Notes

ZIP code 08105 in Camden County, New Jersey, exhibits a pronounced upward price trajectory over the recent five-year period. The Home Price Index (HPI) has surged from 295.32 in 2021 to 525.49 in 2025, representing a cumulative appreciation of approximately 78%. This consistent year-over-year growth indicates sustained demand within this specific geographic area, distinguishing it from broader market trends. The most recent annual increase of 23.30% further underscores the momentum currently driving home values in this micro-market. This performance represents a significant divergence from both the county and state averages. While ZIP 08105 recorded a 23.30% year-over-year gain, Camden County grew by only 5.82%, and the state of New Jersey advanced by 4.53%. Such a substantial premium suggests that 08105 is experiencing localized demand shocks or unique supply constraints that are not prevalent across the wider region. The HPI level of 525.5, which is more than double the 2000 baseline, confirms that this area has transitioned into a high-growth segment of the local market. Contextualizing this growth with parent county data reveals a sub-market character that likely appeals to buyers seeking value relative to nearby alternatives. The median home value in Camden County stands at $287,100, with a median household income of $88,755. Given the high HPI index, 08105 likely commands prices above the county median, positioning it as an aspirational or established neighborhood rather than an entry-level option. Nearby ZIP 08104 shows similar growth at 23.23%, suggesting a clustered demand pattern in this part of the county. For prospective buyers, the rapid appreciation rate signals a competitive environment where entry costs are rising quickly. Residents should note that while the area offers strong equity growth potential, the current 7.40% mortgage rate significantly impacts monthly carrying costs. The data indicates a robust, high-performing sub-market that is decoupling from the slower-paced regional averages.

Based on FHFA House Price Index data.