$7,469 Closing Credit*
$629,000
7 Beds
•3 Full Baths
Listing Office: EXP REALTY, LLC
Housing Prices in 07108, NJ
How much do homes in 07108, NJ cost?
Median List Price
$595,500
$205/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$245,500(+70.1%)
Key Takeaway
The list price of homes in 07108 has increased by 70.1% since last year.
Summary: The median home list price in 07108 was $595,500 in October 2024, up 70.1% from the previous year, and the median price per square foot was $205.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $315K | - | N/A |
| 3 Bedrooms | $299K | $395K | +32.1% |
| 4 Bedrooms | $374.5K | $359K | -4.1% |
| 5+ Bedrooms | $435K | $649.9K | +49.4% |
Summary: 07108 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 32.1%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 49.4%.
Housing Supply in 07108, NJ
How many homes are available in 07108, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 82 | 103 | +25.6% |
Summary: The 07108 real estate market had 103 homes for sale in October 2024, a 25.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 69 | 88 | +27.5% |
Summary: The 07108 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 27.5%.
Days on Market for 07108, NJ
How long does it take to sell a home in 07108, NJ?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 150 Days | 116 Days | -22.5% |
Summary: Homes in 07108 had an average listing age of 116 days in Oct 2024, down by 22.5% compared to the previous year.
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.