$10,000 Closing Credit*
$899,000
3 Beds
•4 Full Baths
Thomas Mikalouskas, Listing Office: Keller Williams Valley Realty
Is 07675, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 07675 was a Neutral Market.
Key Takeaway
07675 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 07675, NJ
How much do homes in 07675, NJ cost?
Median Sold Price
$780,000
-
Based on all homes sold in November 2024.
Difference Since Last Month
-$42,500(-5.2%)
Key Takeaway
Homes in 07675 have sold for 5.2% less than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $755K | $780K | +3.3% |
| 4 Bedrooms | $890K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 07675 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 increased by 3.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 07675, NJ
How many homes are available in 07675, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 41 | +10.8% |
Summary: The 07675 real estate market had 41 homes for sale in November 2024, a 10.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 14 | 17 | +21.4% |
| 4 Bedrooms | 13 | 9 | -30.8% |
| 5+ Bedrooms | 8 | 12 | +50.0% |
Summary: The 07675 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 increased by 100%, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 07675, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in 07675 in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for 07675, NJ
How long does it take to sell a home in 07675, NJ?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 07675 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in 07675; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
