$9,202 Closing Credit*
$774,900
4 Beds
•2 Full Baths, 1 Partial
Listing Office: KELLER WILLIAMS METROPOLITAN
Is 07852, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 07852 has remained a Seller's Market.
Key Takeaway
07852 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 07852, NJ
How much do homes in 07852, NJ cost?
Median Sold Price
$456,250
$362/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$66,750(+17.1%)
Key Takeaway
Homes in 07852 have sold for 17.1% more than they did a year ago.
Summary: The median home sold price in 07852 was $456,250 in October 2024, up 17.1% from last year, and the median price per square foot was $362.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $305.7K | $330K | +7.9% |
| 2 Bedrooms | $360K | $405.5K | +12.6% |
| 3 Bedrooms | $395K | $461.2K | +16.8% |
| 4 Bedrooms | $745K | $777.5K | +4.4% |
| 5+ Bedrooms | $705K | $740K | +5.0% |
Summary: 07852 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.9%, 2 bedroom homes increased by 12.6%, 3 bedroom homes increased by 16.8%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 5%.
Median Sold Price Compared To Nearby Zip Codes
| 07852 | $389.5K | $456.2K | +17.1% |
| 07850 | $420.5K | $470K | +11.8% |
| 07876 | $577K | $607.5K | +5.3% |
| 07847 | $455K | $475K | +4.4% |
Housing Supply in 07852, NJ
How many homes are available in 07852, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Summary: The 07852 real estate market had 11 homes for sale in October 2024, a 37.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 5 | +400.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 07852 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 400%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 07852, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in 07852 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 07852, NJ
We’re sorry, we don't have information for this market at the moment
