Housing Prices in 07024, NJ

How much do homes in 07024, NJ cost?

Median List Price

$429,000

$347/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$99,000(+30.0%)

Key Takeaway

The list price of homes in 07024 has increased by 30% since last year.

Summary: The median home list price in 07024 was $429,000 in October 2024, up 30% from the previous year, and the median price per square foot was $347.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $260K$274.9K
+5.8%
2 $297.5K$388K
+30.4%
3 $699.9K$899K
+28.4%
4 $599K$1.2M
+113.9%
5+ $1.1M$2.2M
+93.4%

Summary: 07024 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.8%, 2 bedroom homes increased by 30.4%, 3 bedroom homes increased by 28.4%, 4 bedroom homes increased by 113.9%, and 5+ bedroom homes increased by 93.4%.

Median List Price Compared To Nearby Zip Codes

07020
+47.0%
07024
+30.0%
07605
+18.8%
10033
-7.7%

Housing Supply in 07024, NJ

How many homes are available in 07024, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
64105+64.1%

Summary: The 07024 real estate market had 105 homes for sale in October 2024, a 64.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1733
+94.1%
2 1830
+66.7%
3 1827
+50.0%
4 78
+14.3%
5+ 47
+75.0%

Summary: The 07024 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 94.1%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 75%.

Days on Market for 07024, NJ

How long does it take to sell a home in 07024, NJ?

Average Listing Age

Oct 2023Oct 2024CHANGE
350 Days68 Days-80.4%

Summary: Homes in 07024 had an average listing age of 68 days in Oct 2024, down by 80.4% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in 07024, NJ

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