$4,037 Closing Credit*
$339,999
3 Beds
•1 Full Bath, 1 Partial
Listing Office: CLEARVIEW REALTY
Is 07826, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 07826 was a Seller's Market.
Key Takeaway
07826 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 07826, NJ
How much do homes in 07826, NJ cost?
Median Sold Price
$424,145
-
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$89,145(+26.6%)
Key Takeaway
Homes in 07826 have sold for 26.6% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $107K | - | N/A |
| 2 Bedrooms | $229.5K | $282.5K | +23.1% |
| 3 Bedrooms | $337K | $425K | +26.1% |
| 4 Bedrooms | $505K | $561.8K | +11.3% |
| 5+ Bedrooms | $650K | $580K | -10.8% |
Summary: 07826 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 increased by 23.1%, 3 bedroom homes increased by 26.1%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes decreased by 10.8%.
Median Sold Price Compared To Nearby Zip Codes
| 07826 | $335K | $424.1K | +26.6% |
| 07827 | $303.5K | $338.7K | +11.6% |
Housing Supply in 07826, NJ
How many homes are available in 07826, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 22 | +4.8% |
Summary: The 07826 real estate market had 22 homes for sale in October 2024, a 4.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 07826 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 increased by 33.3%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 07826, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 07826 in October 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 07826, NJ
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.