Housing Prices in 07047, NJ
How much do homes in 07047, NJ cost?
Median List Price
$499,999
$373/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in 07047 has increased by 6.4% since last year.
Summary: The median home list price in 07047 was $499,999 in March 2024, up 6.4% from the previous year, and the median price per square foot was $373.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $229K | $252.5K | +10.3% |
| 2 Bedrooms | $350K | $475K | +35.7% |
| 3 Bedrooms | $499.9K | $525K | +5.0% |
| 4 Bedrooms | $479.5K | $609.2K | +27.1% |
| 5+ Bedrooms | $849K | $850K | 0.1% |
Summary: 07047 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.3%, 2 bedroom homes increased by 35.7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 27.1%, and 5+ bedroom homes increased by 0.1%.
Housing Supply in 07047, NJ
How many homes are available in 07047, NJ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 24 | 35 | +45.8% |
Summary: The 07047 real estate market had 35 homes for sale in March 2024, a 45.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 3 | 7 | +133.3% |
| 3 Bedrooms | 9 | 15 | +66.7% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 07047 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 133.3%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Days on Market for 07047, NJ
How long does it take to sell a home in 07047, NJ?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 111 Days | 89 Days | -20.2% |
Summary: Homes in 07047 had an average listing age of 89 days in Mar 2024, down by 20.2% compared to the previous year.
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.