Housing Prices in 07201, NJ
How much do homes in 07201, NJ cost?
Median List Price
$494,500
$278/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in 07201 has increased by 35.5% since last year.
Summary: The median home list price in 07201 was $494,500 in March 2024, up 35.5% from the previous year, and the median price per square foot was $278.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $207.4K | $214.9K | +3.6% |
| 2 Bedrooms | $199.5K | $269.4K | +35.1% |
| 3 Bedrooms | $335K | $392K | +17.0% |
| 4 Bedrooms | $399K | $477.4K | +19.7% |
| 5+ Bedrooms | $499K | $739.9K | +48.3% |
Summary: 07201 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes increased by 35.1%, 3 bedroom homes increased by 17%, 4 bedroom homes increased by 19.7%, and 5+ bedroom homes increased by 48.3%.
Housing Supply in 07201, NJ
How many homes are available in 07201, NJ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 34 | 47 | +38.2% |
Summary: The 07201 real estate market had 47 homes for sale in March 2024, a 38.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 4 | 7 | +75.0% |
| 5+ Bedrooms | 24 | 33 | +37.5% |
Summary: The 07201 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 37.5%.
Days on Market for 07201, NJ
How long does it take to sell a home in 07201, NJ?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 149 Days | 114 Days | -23.5% |
Summary: Homes in 07201 had an average listing age of 114 days in Mar 2024, down by 23.5% 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.