Housing Prices in 07087, NJ
How much do homes in 07087, NJ cost?
Median List Price
$449,900
$395/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in 07087 has increased by 21.9% since last year.
Summary: The median home list price in 07087 was $449,900 in March 2024, up 21.9% from the previous year, and the median price per square foot was $395.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $329K | $299K | -9.1% |
| 2 Bedrooms | $379.5K | $414.9K | +9.3% |
| 3 Bedrooms | $467K | $475K | +1.7% |
| 4 Bedrooms | $519.9K | $350K | -32.7% |
| 5+ Bedrooms | $699K | $864.9K | +23.7% |
Summary: 07087 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.1%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 32.7%, and 5+ bedroom homes increased by 23.7%.
Housing Supply in 07087, NJ
How many homes are available in 07087, NJ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 26 | 38 | +46.2% |
Summary: The 07087 real estate market had 38 homes for sale in March 2024, a 46.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 8 | +166.7% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 7 | 12 | +71.4% |
Summary: The 07087 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 166.7%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 71.4%.
Days on Market for 07087, NJ
How long does it take to sell a home in 07087, NJ?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 134 Days | 100 Days | -25.6% |
Summary: Homes in 07087 had an average listing age of 100 days in Mar 2024, down by 25.6% 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.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.