Housing Prices in 07603, NJ

How much do homes in 07603, NJ cost?

Median List Price

$585,000

-

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$120,000(+25.8%)

Key Takeaway

The list price of homes in 07603 has increased by 25.8% since last year.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$624K
N/A
3 $465K$549K
+18.1%
4 $479K$729.5K
+52.3%
5+ $449.9K$739K
+64.2%

Summary: 07603 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 18.1%, 4 bedroom homes increased by 52.3%, and 5+ bedroom homes increased by 64.2%.

Median List Price Compared To Nearby Zip Codes

07603
+25.8%
07666
+19.8%
07601
+7.8%

Housing Supply in 07603, NJ

How many homes are available in 07603, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
714+100.0%

Summary: The 07603 real estate market had 14 homes for sale in October 2024, a 100.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 59
+80.0%
4 02
+100.0%
5+ 01
+100.0%

Summary: The 07603 housing inventory by bedroom type for October 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 80%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Days on Market for 07603, NJ

How long does it take to sell a home in 07603, NJ?

Average Listing Age

Oct 2023Oct 2024CHANGE
58 Days34 Days-40.4%

Summary: Homes in 07603 had an average listing age of 34 days in Oct 2024, down by 40.4% compared to the previous year.

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

Report Updated 16 Days Ago

Newest Listings in 07603, NJ

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