$10,000 Closing Credit*
$1,899,000
6 Beds
•5 Full Baths, 1 Partial
Danielle G. Genovese, Listing Office: Premiumone Realty
Is 07039, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 07039 has remained a Seller's Market.
Key Takeaway
07039 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 07039, NJ
How much do homes in 07039, NJ cost?
Median Sold Price
$998,999
$390/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$98,499(+10.9%)
Key Takeaway
Homes in 07039 have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in 07039 was $998,999 in November 2024, up 10.9% from last year, and the median price per square foot was $390.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $594.5K | $620K | +4.3% |
| 3 Bedrooms | $675K | $775K | +14.8% |
| 4 Bedrooms | $908.5K | $981K | +8.0% |
| 5+ Bedrooms | $1.4M | $1.7M | +15.3% |
Summary: 07039 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 15.3%.
Housing Supply in 07039, NJ
How many homes are available in 07039, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 127 | 132 | +3.9% |
Summary: The 07039 real estate market had 132 homes for sale in November 2024, a 3.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 17 | +21.4% |
| 3 Bedrooms | 19 | 18 | -5.3% |
| 4 Bedrooms | 32 | 33 | +3.1% |
| 5+ Bedrooms | 62 | 64 | +3.2% |
Summary: The 07039 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 21.4%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 3.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 27 | +3.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 07039, you could pay more than the asking price. 74.1% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in 07039 in November 2024, up by 3.8% month-over-month. Of the 27 sold homes, 19% were sold under asking, 7% were sold at asking, and 74% were sold over asking.
Days on Market for 07039, NJ
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.