Is 07930, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 07930 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 07930 was a Seller's Market.

Key Takeaway

07930 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 07930, NJ

How much do homes in 07930, NJ cost?

Median Sold Price

$937,000

-

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$12,000(+1.3%)

Key Takeaway

Homes in 07930 have sold for 1.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $625K$511.9K
-18.1%
3 $699K$750K
+7.3%
4 $865K$925K
+6.9%
5+ $1.3M$1.3M
+1.9%

Summary: 07930 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 decreased by 18.1%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 1.9%.

Median Sold Price Compared To Nearby Zip Codes

07945
+32.9%
07931
+15.8%
07836
+8.9%
07930
+1.3%
07934
-3.0%

Housing Supply in 07930, NJ

How many homes are available in 07930, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4236-14.3%

Summary: The 07930 real estate market had 36 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 96
-33.3%
4 1714
-17.6%
5+ 1515
0.0%

Summary: The 07930 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 decreased by 33.3%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 07930, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in 07930 in November 2024, down by 33.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.

Days on Market for 07930, NJ

We’re sorry, we don't have information for this market at the moment

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

Report Updated 21 Days Ago

Newest Listings in 07930, NJ

Nearby Markets to 07930, NJ