Housing Prices in 07723, NJ

How much do homes in 07723, NJ cost?

Median List Price

$4,699,450

$1,156/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$1,949,450(+70.9%)

Key Takeaway

The list price of homes in 07723 has increased by 70.9% since last year.

Summary: The median home list price in 07723 was $4,699,450 in October 2024, up 70.9% from the previous year, and the median price per square foot was $1,156.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $1.8M$2.3M
+28.8%
4 $1.8M$3.3M
+73.8%
5+ $3.2M$5.4M
+67.6%

Summary: 07723 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 28.8%, 4 bedroom homes increased by 73.8%, and 5+ bedroom homes increased by 67.6%.

Median List Price Compared To Nearby Zip Codes

07723
+70.9%
07740
+13.2%
07755
+12.1%

Housing Supply in 07723, NJ

How many homes are available in 07723, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
11110.0%

Summary: The 07723 real estate market had 11 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 22
0.0%
5+ 88
0.0%

Summary: The 07723 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 07723, NJ

How long does it take to sell a home in 07723, NJ?

Average Listing Age

Oct 2023Oct 2024CHANGE
266 Days168 Days-36.8%

Summary: Homes in 07723 had an average listing age of 168 days in Oct 2024, down by 36.8% compared to the previous year.

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 07723, NJ

Nearby Markets to 07723, NJ