Housing Prices in 07108, NJ
How much do homes in 07108, NJ cost?
Median List Price
$559,000
$169/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in 07108 has increased by 59.7% since last year.
Summary: The median home list price in 07108 was $559,000 in April 2024, up 59.7% from the previous year, and the median price per square foot was $169.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $315K | $158.5K | -49.7% |
| 3 Bedrooms | $299.4K | $325K | +8.5% |
| 4 Bedrooms | $389.4K | $350K | -10.1% |
| 5+ Bedrooms | $399.5K | $610K | +52.7% |
Summary: 07108 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 decreased by 49.7%, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes increased by 52.7%.
Housing Supply in 07108, NJ
How many homes are available in 07108, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 76 | 98 | +28.9% |
Summary: The 07108 real estate market had 98 homes for sale in April 2024, a 28.9% 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 70 | 87 | +24.3% |
Summary: The 07108 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 66.7%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 24.3%.
Days on Market for 07108, NJ
How long does it take to sell a home in 07108, NJ?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 136 Days | 107 Days | -21.3% |
Summary: Homes in 07108 had an average listing age of 107 days in Apr 2024, down by 21.3% 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.
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.