Housing Prices in 07032, NJ

How much do homes in 07032, NJ cost?

Median List Price

$549,000

$288/sqft

Based on all homes listed in the last 12 months.

Difference Since December 2023

+$119,550(+27.8%)

Key Takeaway

The list price of homes in 07032 has increased by 27.8% since last year.

Summary: The median home list price in 07032 was $549,000 in December 2024, up 27.8% from the previous year, and the median price per square foot was $288.

Median List Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$285K
N/A
2 $385K$412K
+7.0%
3 $419.9K$489.9K
+16.7%
4 $497.4K$579.9K
+16.6%
5+ $675K$747K
+10.7%

Summary: 07032 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes increased by 10.7%.

Median List Price Compared To Nearby Zip Codes

07105
+41.4%
07104
+38.2%
07029
+28.6%
07032
+27.8%
07031
+14.3%

Housing Supply in 07032, NJ

How many homes are available in 07032, NJ?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5152+2.0%

Summary: The 07032 real estate market had 52 homes for sale in December 2024, a 2.0% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1920
+5.3%
4 1817
-5.6%
5+ 1212
0.0%

Summary: The 07032 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes remained the same.

Days on Market for 07032, NJ

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

Average Listing Age

Dec 2023Dec 2024CHANGE
161 Days107 Days-33.2%

Summary: Homes in 07032 had an average listing age of 107 days in Dec 2024, down by 33.2% compared to the previous year.

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

Report Updated 7 Days Ago

Newest Listings in 07032, NJ

Nearby Markets to 07032, NJ