Housing Prices in 07201, NJ

How much do homes in 07201, NJ cost?

Median List Price

$529,900

$188/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$150,400(+39.6%)

Key Takeaway

The list price of homes in 07201 has increased by 39.6% since last year.

Summary: The median home list price in 07201 was $529,900 in October 2024, up 39.6% from the previous year, and the median price per square foot was $188.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $207K$237.5K
+14.7%
2 $269K$274.9K
+2.2%
3 $392K$377.5K
-3.7%
4 $379K$479.9K
+26.6%
5+ $499K$784.5K
+57.2%

Summary: 07201 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.7%, 2 bedroom homes increased by 2.2%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 26.6%, and 5+ bedroom homes increased by 57.2%.

Median List Price Compared To Nearby Zip Codes

07206
+56.3%
07114
+41.7%
07201
+39.6%
07202
+36.7%
07208
+19.4%

Housing Supply in 07201, NJ

How many homes are available in 07201, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3648+33.3%

Summary: The 07201 real estate market had 48 homes for sale in October 2024, a 33.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 00
0.0%
3 67
+16.7%
4 46
+50.0%
5+ 2535
+40.0%

Summary: The 07201 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 40%.

Days on Market for 07201, NJ

How long does it take to sell a home in 07201, NJ?

Average Listing Age

Oct 2023Oct 2024CHANGE
155 Days124 Days-20.1%

Summary: Homes in 07201 had an average listing age of 124 days in Oct 2024, down by 20.1% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in 07201, NJ

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