Housing Prices in 07107, NJ
How much do homes in 07107, NJ cost?
Median List Price
$429,900
$202/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in 07107 has increased by 43.3% since last year.
Summary: The median home list price in 07107 was $429,900 in April 2024, up 43.3% from the previous year, and the median price per square foot was $202.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $128.8K | $220K | +70.8% |
| 2 Bedrooms | $271.9K | $282.4K | +3.8% |
| 3 Bedrooms | $332.4K | $350K | +5.3% |
| 4 Bedrooms | $260K | $404.5K | +55.6% |
| 5+ Bedrooms | $325K | $589.8K | +81.5% |
Summary: 07107 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 70.8%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes increased by 81.5%.
Housing Supply in 07107, NJ
How many homes are available in 07107, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 72 | 78 | +8.3% |
Summary: The 07107 real estate market had 78 homes for sale in April 2024, a 8.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 14 | 10 | -28.6% |
| 5+ Bedrooms | 49 | 57 | +16.3% |
Summary: The 07107 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 increased by 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 16.3%.
Days on Market for 07107, NJ
How long does it take to sell a home in 07107, NJ?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 240 Days | 103 Days | -57.1% |
Summary: Homes in 07107 had an average listing age of 103 days in Apr 2024, down by 57.1% compared to the previous year.
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.