Housing Prices in 07306, NJ

How much do homes in 07306, NJ cost?

Median List Price

$700,000

$369/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

+$37,500(+5.7%)

Key Takeaway

The list price of homes in 07306 has increased by 5.7% since September.

Summary: The median home list price in 07306 was $700,000 in October 2024, up 5.7% from the previous month, and the median price per square foot was $369.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $579.9K$405K
-30.2%
2 $517K$512K
-1.0%
3 $691.9K$1.0M
+47.3%
4 $700K$700K
0.0%
5+ $773.5K$798K
+3.2%

Summary: 07306 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 30.2%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 47.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 3.2%.

Median List Price Compared To Nearby Zip Codes

07306
+5.7%
07307
-6.7%

Housing Supply in 07306, NJ

How many homes are available in 07306, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1420+42.9%

Summary: The 07306 real estate market had 20 homes for sale in October 2024, a 42.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 13
+200.0%
2 44
0.0%
3 24
+100.0%
4 34
+33.3%
5+ 45
+25.0%

Summary: The 07306 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 25%.

Days on Market for 07306, NJ

How long does it take to sell a home in 07306, NJ?

Average Listing Age

Sep 2024Oct 2024CHANGE
54 Days52 Days-3.4%

Summary: Homes in 07306 had an average listing age of 52 days in Oct 2024, down by 3.4% compared to the previous month.

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

Report Updated 22 Days Ago

Newest Listings in 07306, NJ

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