Housing Prices in 07202, NJ
How much do homes in 07202, NJ cost?
Median List Price
$429,450
$272/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Summary: The median home list price in 07202 was $429,450 in March 2024, up 23.1% from the previous year, and the median price per square foot was $272.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195K | $199K | +2.1% |
2 Bedrooms | $262.4K | $289.9K | +10.5% |
3 Bedrooms | $374.9K | $415K | +10.7% |
4 Bedrooms | $398.9K | $499K | +25.1% |
5+ Bedrooms | $575K | $699K | +21.6% |
Summary: 07202 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 25.1%, and 5+ bedroom homes increased by 21.6%.
Housing Supply in 07202, NJ
How many homes are available in 07202, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
51 | 62 | +21.6% |
Summary: The 07202 real estate market had 62 homes for sale in March 2024, a 21.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 11 | 14 | +27.3% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 11 | 13 | +18.2% |
5+ Bedrooms | 18 | 23 | +27.8% |
Summary: The 07202 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 27.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 27.8%.
Days on Market for 07202, NJ
How long does it take to sell a home in 07202, NJ?
Average Listing Age
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
114 Days | 103 Days | -9.6% |
Summary: Homes in 07202 had an average listing age of 103 days in Mar 2024, down by 9.6% compared to the previous year.