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 4 Days Ago

Newest Listings in 07306, NJ

Nearby Markets to 07306, NJ