Housing Prices in 07032, NJ

How much do homes in 07032, NJ cost?

Median List Price

$529,000

$286/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$129,000(+32.3%)

Key Takeaway

The list price of homes in 07032 has increased by 32.3% since last year.

Summary: The median home list price in 07032 was $529,000 in April 2024, up 32.3% from the previous year, and the median price per square foot was $286.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$285K
N/A
2 $349.4K$372.5K
+6.6%
3 $399.9K$459.4K
+14.9%
4 $529.5K$599.9K
+13.3%
5+ $617K$779K
+26.3%

Summary: 07032 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 26.3%.

Median List Price Compared To Nearby Zip Codes

07104
+39.2%
07105
+38.6%
07032
+32.3%
07029
+25.1%
07031
+19.2%

Housing Supply in 07032, NJ

How many homes are available in 07032, NJ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3142+35.5%

Summary: The 07032 real estate market had 42 homes for sale in April 2024, a 35.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 77
0.0%
3 99
0.0%
4 916
+77.8%
5+ 59
+80.0%

Summary: The 07032 housing inventory by bedroom type for April 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 77.8%, and 5+ bedroom homes increased by 80%.

Days on Market for 07032, NJ

How long does it take to sell a home in 07032, NJ?

Average Listing Age

Apr 2023Apr 2024CHANGE
232 Days87 Days-62.2%

Summary: Homes in 07032 had an average listing age of 87 days in Apr 2024, down by 62.2% compared to the previous year.

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

Report Updated 5 Days Ago

Newest Listings in 07032, NJ

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