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 21 Days Ago

Newest Listings in 07103, NJ

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