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 7 Days Ago

Newest Listings in 07723, NJ

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