Housing Prices in 07206, NJ

How much do homes in 07206, NJ cost?

Median List Price

$550,000

$316/sqft

Based on all homes listed in the last 12 months.

Difference Since December 2023

+$190,100(+52.8%)

Key Takeaway

The list price of homes in 07206 has increased by 52.8% since last year.

Summary: The median home list price in 07206 was $550,000 in December 2024, up 52.8% from the previous year, and the median price per square foot was $316.

Median List Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $315K$339K
+7.6%
3 $339.9K$425K
+25.0%
4 $475K$484.5K
+2.0%
5+ $625K$660K
+5.6%

Summary: 07206 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 5.6%.

Median List Price Compared To Nearby Zip Codes

07206
+52.8%
07202
+27.0%
07201
+25.1%

Housing Supply in 07206, NJ

How many homes are available in 07206, NJ?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3946+17.9%

Summary: The 07206 real estate market had 46 homes for sale in December 2024, a 17.9% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 12
+100.0%
4 67
+16.7%
5+ 3035
+16.7%

Summary: The 07206 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 16.7%.

Days on Market for 07206, NJ

How long does it take to sell a home in 07206, NJ?

Average Listing Age

Dec 2023Dec 2024CHANGE
112 Days87 Days-22.5%

Summary: Homes in 07206 had an average listing age of 87 days in Dec 2024, down by 22.5% 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 07206, NJ

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