$7,124 Closing Credit*
$599,900
4 Beds
•3 Full Baths
Michael Morris, Listing Office: Vylla Home
Is 07093, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 07093 has remained a Seller's Market.
Key Takeaway
07093 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 07093, NJ
How much do homes in 07093, NJ cost?
Median Sold Price
$670,000
$581/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$36,000(+5.7%)
Key Takeaway
Homes in 07093 have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in 07093 was $670,000 in December 2024, up 5.7% from last year, and the median price per square foot was $581.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | $320K | +14.3% |
| 2 Bedrooms | $716.5K | $800K | +11.7% |
| 3 Bedrooms | $937.5K | $999K | +6.6% |
| 4 Bedrooms | $665K | $682.5K | +2.6% |
| 5+ Bedrooms | $687.5K | $778K | +13.2% |
Summary: 07093 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 13.2%.
Housing Supply in 07093, NJ
How many homes are available in 07093, NJ?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 96 | 91 | -5.2% |
Summary: The 07093 real estate market had 91 homes for sale in December 2024, a 5.2% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 28 | 26 | -7.1% |
| 2 Bedrooms | 16 | 19 | +18.8% |
| 3 Bedrooms | 19 | 17 | -10.5% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 25 | 21 | -16.0% |
Summary: The 07093 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.1%, 2 bedroom homes increased by 18.8%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 15 | 21 | +40.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 07093, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 07093 in December 2024, up by 40.0% month-over-month. Of the 18 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% were sold over asking.
Days on Market for 07093, NJ
How long does it take to sell a home in 07093, NJ?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 45 Days | 36 Days | -18.2% |
Summary: Homes in 07093 had an average of 36 days on market in Dec 2024, down by 18.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 07093 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 21 homes were sold in 07093; 62% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) 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. Copyright © 2025 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.
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 © 2025 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.