Housing Prices in 07648, NJ

How much do homes in 07648, NJ cost?

Median List Price

$1,943,944

-

Based on all homes listed in October 2024.

Difference Since Last Month

-$200,000(-9.3%)

Key Takeaway

The list price of homes in 07648 has decreased by 9.3% since September.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $211.1K$211.1K
0.0%
2 --
N/A
3 $399.9K$824.9K
+106.3%
4 $2.6M$1.6M
-40.3%
5+ $3.1M$2.3M
-26.8%

Summary: 07648 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 increased by 106.3%, 4 bedroom homes decreased by 40.3%, and 5+ bedroom homes decreased by 26.8%.

Median List Price Compared To Nearby Zip Codes

07624
+79.6%
07647
0.0%
07648
-9.3%

Housing Supply in 07648, NJ

How many homes are available in 07648, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
812+50.0%

Summary: The 07648 real estate market had 12 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 00
0.0%
3 12
+100.0%
4 24
+100.0%
5+ 45
+25.0%

Summary: The 07648 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 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 25%.

Days on Market for 07648, NJ

How long does it take to sell a home in 07648, NJ?

Average Listing Age

Sep 2024Oct 2024CHANGE
62 Days68 Days+11.2%

Summary: Homes in 07648 had an average listing age of 68 days in Oct 2024, up by 11.2% compared to the previous month.

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 07648, NJ

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