Housing Prices in 08720, NJ

How much do homes in 08720, NJ cost?

Median List Price

$1,072,000

$369/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

-$78,000(-6.8%)

Key Takeaway

The list price of homes in 08720 has decreased by 6.8% since last year.

Summary: The median home list price in 08720 was $1,072,000 in November 2024, down 6.8% from the previous year, and the median price per square foot was $369.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $775K$1.0M
+38.6%
4 $1.1M$1.1M
-0.4%
5+ $1.2M$849K
-29.3%

Summary: 08720 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 did not change, 3 bedroom homes increased by 38.6%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes decreased by 29.3%.

Median List Price Compared To Nearby Zip Codes

08724
+18.4%
08736
+17.6%
07719
+9.0%
08720
-6.8%

Housing Supply in 08720, NJ

How many homes are available in 08720, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
770.0%

Summary: The 08720 real estate market had 7 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 33
0.0%
5+ 11
0.0%

Summary: The 08720 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 08720, NJ

How long does it take to sell a home in 08720, NJ?

Average Listing Age

Nov 2023Nov 2024CHANGE
110 Days104 Days-5.2%

Summary: Homes in 08720 had an average listing age of 104 days in Nov 2024, down by 5.2% compared to the previous year.

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

Report Updated 27 Days Ago

Newest Listings in 08720, NJ

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