Housing Prices in 07648, NJ

How much do homes in 07648, NJ cost?

Median List Price

$1,749,000

$74/sqft

Based on all homes listed in November 2024.

Difference Since Last Month

-$194,944(-10.0%)

Key Takeaway

The list price of homes in 07648 has decreased by 10% since October.

Summary: The median home list price in 07648 was $1,749,000 in November 2024, down 10% from the previous month, and the median price per square foot was $74.

Median List Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $211.1K$211.1K
0.0%
2 --
N/A
3 $824.9K$824.9K
0.0%
4 $2.6M$1.5M
-42.7%
5+ $3.9M$2.0M
-47.4%

Summary: 07648 housing prices by bedroom type for November 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 did not change, 4 bedroom homes decreased by 42.7%, and 5+ bedroom homes decreased by 47.4%.

Median List Price Compared To Nearby Zip Codes

07620
+2.7%
07648
-10.0%
07624
-30.1%

Housing Supply in 07648, NJ

How many homes are available in 07648, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
815+87.5%

Summary: The 07648 real estate market had 15 homes for sale in November 2024, a 87.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 00
0.0%
3 22
0.0%
4 24
+100.0%
5+ 38
+166.7%

Summary: The 07648 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 166.7%.

Days on Market for 07648, NJ

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

Average Listing Age

Oct 2024Nov 2024CHANGE
91 Days70 Days-22.3%

Summary: Homes in 07648 had an average listing age of 70 days in Nov 2024, down by 22.3% compared to the previous month.

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

Report Updated 21 Days Ago

Newest Listings in 07648, NJ

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