Photo: Doug Kerr from Albany, NY, United States · CC BY-SA 2.035 homes sold in Elk Township in the last year, at a typical $409K
Redfin reports Elk Township’s sales by ZIP code, so these figures are for ZIP 08343, which takes in Elk Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Elk Township homes are listed.
Every place Elk Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Elk Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Elk Township’s sales, at a typical $409K
35 homes sold in the year to May 2026.
typical sale · 35 sold in 12 months
- Per square foot
- $227NJ $331
- Days to sell
- 40
- Sold over asking
- 36%
About as many homes sell as usual, at twice the 2016 price
35 sales in the last year, against 58 in 2021 and a low of 14 in 2012. The typical sale went from $208K in 2016 to $409K.
Source: Redfin Data Center, MLS sales; for ZIP 08343, which takes in Elk Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.
What $400K buys in Elk Township
Check a listing against what Elk Township homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Elk Township are more common than before the pandemic, but half fewer homes come up for sale
We read every month of home sales in ZIP 08343 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 35 sales.
If you’re buying in Elk Township
- Shop in September. It brings about 6 new listings a month, close to the busiest month, with fewer bidding wars (28% over asking).
- Bid near asking. Buyers paid 101.3% of the list price on average; 36% paid over.
- You’ll usually have time. Only 42% of homes go under contract within two weeks; the typical one takes 40 days.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 6 a month), but August is the most competitive: 33% of August sales close over asking. August and September offer nearly as much choice with fewer homes bid up (33%). February has the least competition (23%) but only about 4 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than New Jersey
| Elk Township now | 2017–19 | 2021 peak | NJ now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 36% | 21% | 39% | 48% |
| Gone within two weeksShare of homes under contract within 14 days | 42% | 10% | 39% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | — | — | — | 17% |
| Price paid vs. askingAverage sale price ÷ list price | 101.3% | 96% | 98.1% | 101.2% |
| Days to sellMedian days from listing to contract | 40 | 83 | 36 | 45 |
11 homes for sale on a typical day
That’s twice the 2023 low (5), 53% fewer than in 2017–19 and well under 2015’s 38.
Source: Redfin Data Center, ZIP code tracker; for ZIP 08343, which takes in Elk Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Elk Township home costs about $3,071 a month
Price: Elk Township’s typical sale, last 12 months. Property tax at Elk Township’s 2.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Elk Township is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 3.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $409K home, about $11,240 a year.
Taxes vs. neighborsSchools
The schools grade for Elk Township, from test results, graduation and how much students grow.
Schools in Elk TownshipTypical commute
The average one-way trip to work for people who live in Elk Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Glassboro, Clayton and Franklinville sell for less a square foot
The busier markets within 25 miles of Elk Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Glassboro | 176 | $362K | $212 | 41% | 35 |
| Pitman | 102 | $365K | $234 | 65% | 32 |
| Clayton | 94 | $328K | $209 | 47% | 39 |
| Mullica Hill | 83 | $518K | $268 | 36% | 108 |
| Elk Township (ZIP 08343) | 35 | $409K | $227 | 36% | 40 |
| Richwood | 32 | $702K | $232 | 38% | 49 |
| Franklinville | 21 | $340K | $195 | 48% | 59 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Elk Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Elk Township. People who follow the town see it, and so do people comparing Elk Township with their own town. No commission, no listing fee.
Questions about buying a home in Elk Township
What do homes sell for in Elk Township, NJ?
35 homes sold in the year to May 2026 at a typical $409K, $227 a square foot.
Is Elk Township a buyer’s or seller’s market?
A seller’s market: 10 homes were for sale in May 2026 and 3 sold, about 3.3 months of supply. Buyers paid 101.3% of asking on average.
When is the best time to buy in Elk Township?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Elk Township?
About 2.8% of a home’s value a year. On a $409K home that’s near $11,240.
Where can I see homes for sale in Elk Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Elk Township’s MLS listings; the search links above open each one filtered to Elk Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 08343, which takes in Elk Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).