Housing Prices in 07307, NJ

How much do homes in 07307, NJ cost?

Median List Price

$875,000

$495/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

-$62,500(-6.7%)

Key Takeaway

The list price of homes in 07307 has decreased by 6.7% since September.

Summary: The median home list price in 07307 was $875,000 in October 2024, down 6.7% from the previous month, and the median price per square foot was $495.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$265K
N/A
2 $510K$510K
0.0%
3 $950K$899K
-5.4%
4 $827K$825K
-0.2%
5+ $1.1M$1.3M
+10.2%

Summary: 07307 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 5.4%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 10.2%.

Median List Price Compared To Nearby Zip Codes

07310
+32.9%
07306
+5.7%
07307
-6.7%

Housing Supply in 07307, NJ

How many homes are available in 07307, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2039+95.0%

Summary: The 07307 real estate market had 39 homes for sale in October 2024, a 95.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 15
+400.0%
3 1117
+54.5%
4 25
+150.0%
5+ 611
+83.3%

Summary: The 07307 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 400%, 3 bedroom homes increased by 54.5%, 4 bedroom homes increased by 150%, and 5+ bedroom homes increased by 83.3%.

Days on Market for 07307, NJ

How long does it take to sell a home in 07307, NJ?

Average Listing Age

Sep 2024Oct 2024CHANGE
54 Days47 Days-13.3%

Summary: Homes in 07307 had an average listing age of 47 days in Oct 2024, down by 13.3% 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 07307, NJ

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