$5,293 Closing Credit*
$445,730
1,376 SqFt
2 Beds
•2 Full Baths
Listing Office: REAL
Is 07927, 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, 07927 was a Neutral Market.
Key Takeaway
07927 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 07927, NJ
How much do homes in 07927, NJ cost?
Median Sold Price
$572,500
-
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$77,405(+15.6%)
Key Takeaway
Homes in 07927 have sold for 15.6% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $405K | $435.5K | +7.5% |
| 3 Bedrooms | $567.5K | $528.5K | -6.9% |
| 4 Bedrooms | $782.5K | $700K | -10.5% |
| 5+ Bedrooms | $1.1M | $1.2M | +8.2% |
Summary: 07927 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 7.5%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 8.2%.
Housing Supply in 07927, NJ
How many homes are available in 07927, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Summary: The 07927 real estate market had 6 homes for sale in October 2024, a 20.0% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 07927 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 increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 07927, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in 07927 in October 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for 07927, NJ
We’re sorry, we don't have information for this market at the moment
