Housing Prices in 07032, NJ

How much do homes in 07032, NJ cost?

Median List Price

$549,000

$268/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$110,000(+25.1%)

Key Takeaway

The list price of homes in 07032 has increased by 25.1% since last year.

Summary: The median home list price in 07032 was $549,000 in October 2024, up 25.1% from the previous year, and the median price per square foot was $268.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $349.9K$392.5K
+12.2%
3 $429.9K$489.4K
+13.9%
4 $522.4K$599.9K
+14.8%
5+ $675K$830K
+23.0%

Summary: 07032 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 23%.

Median List Price Compared To Nearby Zip Codes

07104
+46.3%
07105
+45.5%
07029
+38.9%
07032
+25.1%
07031
+18.5%

Housing Supply in 07032, NJ

How many homes are available in 07032, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3649+36.1%

Summary: The 07032 real estate market had 49 homes for sale in October 2024, a 36.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 1220
+66.7%
4 1317
+30.8%
5+ 69
+50.0%

Summary: The 07032 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes increased by 50%.

Days on Market for 07032, NJ

How long does it take to sell a home in 07032, NJ?

Average Listing Age

Oct 2023Oct 2024CHANGE
199 Days84 Days-57.7%

Summary: Homes in 07032 had an average listing age of 84 days in Oct 2024, down by 57.7% compared to the previous year.

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

Report Updated 4 Days Ago

Newest Listings in 07032, NJ

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