Housing Prices in 07723, NJ

How much do homes in 07723, NJ cost?

Median List Price

$4,899,000

$1,156/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$2,149,000(+78.1%)

Key Takeaway

The list price of homes in 07723 has increased by 78.1% since last year.

Summary: The median home list price in 07723 was $4,899,000 in November 2024, up 78.1% from the previous year, and the median price per square foot was $1,156.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $1.8M$2.4M
+32.9%
4 $1.8M$3.3M
+73.8%
5+ $3.2M$5.4M
+67.6%

Summary: 07723 housing prices by bedroom type for November 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 32.9%, 4 bedroom homes increased by 73.8%, and 5+ bedroom homes increased by 67.6%.

Median List Price Compared To Nearby Zip Codes

07723
+78.1%
07755
+17.4%
07740
+12.6%

Housing Supply in 07723, NJ

How many homes are available in 07723, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
13130.0%

Summary: The 07723 real estate market had 13 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 22
0.0%
5+ 1010
0.0%

Summary: The 07723 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 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

Nov 2023Nov 2024CHANGE
271 Days199 Days-26.4%

Summary: Homes in 07723 had an average listing age of 199 days in Nov 2024, down by 26.4% compared to the previous year.

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

Report Updated 22 Days Ago

Newest Listings in 07723, NJ

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