Housing Prices in 07103, NJ

How much do homes in 07103, NJ cost?

Median List Price

$400,000

$261/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$90,550(+29.3%)

Key Takeaway

The list price of homes in 07103 has increased by 29.3% since last year.

Summary: The median home list price in 07103 was $400,000 in October 2024, up 29.3% from the previous year, and the median price per square foot was $261.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $237K$217K
-8.4%
2 $300K$309K
+3.0%
3 $317.4K$360K
+13.4%
4 $269.5K$399K
+48.1%
5+ $655K$641.9K
-2.0%

Summary: 07103 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.4%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 48.1%, and 5+ bedroom homes decreased by 2%.

Median List Price Compared To Nearby Zip Codes

07108
+70.1%
07107
+50.0%
07103
+29.3%
07018
+14.5%

Housing Supply in 07103, NJ

How many homes are available in 07103, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
94128+36.2%

Summary: The 07103 real estate market had 128 homes for sale in October 2024, a 36.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 38
+166.7%
3 1926
+36.8%
4 711
+57.1%
5+ 6179
+29.5%

Summary: The 07103 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 increased by 166.7%, 3 bedroom homes increased by 36.8%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes increased by 29.5%.

Days on Market for 07103, NJ

How long does it take to sell a home in 07103, NJ?

Average Listing Age

Oct 2023Oct 2024CHANGE
136 Days102 Days-24.5%

Summary: Homes in 07103 had an average listing age of 102 days in Oct 2024, down by 24.5% 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 07103, NJ

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