Housing Prices in 07201, NJ

How much do homes in 07201, NJ cost?

Median List Price

$499,000

$215/sqft

Based on all homes listed in the last 12 months.

Difference Since December 2023

+$100,000(+25.1%)

Key Takeaway

The list price of homes in 07201 has increased by 25.1% since last year.

Summary: The median home list price in 07201 was $499,000 in December 2024, up 25.1% from the previous year, and the median price per square foot was $215.

Median List Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $210.9K$237.5K
+12.6%
2 $227K$289K
+27.3%
3 $392K$389.9K
-0.5%
4 $404.4K$499K
+23.4%
5+ $528.9K$760K
+43.7%

Summary: 07201 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.6%, 2 bedroom homes increased by 27.3%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 23.4%, and 5+ bedroom homes increased by 43.7%.

Median List Price Compared To Nearby Zip Codes

07206
+52.8%
07114
+37.5%
07202
+27.0%
07201
+25.1%
07208
+15.7%

Housing Supply in 07201, NJ

How many homes are available in 07201, NJ?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3840+5.3%

Summary: The 07201 real estate market had 40 homes for sale in December 2024, a 5.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 54
-20.0%
4 67
+16.7%
5+ 2728
+3.7%

Summary: The 07201 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 3.7%.

Days on Market for 07201, NJ

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

Average Listing Age

Dec 2023Dec 2024CHANGE
163 Days145 Days-10.7%

Summary: Homes in 07201 had an average listing age of 145 days in Dec 2024, down by 10.7% compared to the previous year.

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

Report Updated 2 Days Ago

Newest Listings in 07201, NJ

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