Housing Prices in 07206, NJ
How much do homes in 07206, NJ cost?
Median List Price
$499,000
$254/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Summary: The median home list price in 07206 was $499,000 in March 2024, up 37.7% from the previous year, and the median price per square foot was $254.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $270K | $315K | +16.7% |
3 Bedrooms | $342.4K | $399K | +16.5% |
4 Bedrooms | $399K | $462.5K | +15.9% |
5+ Bedrooms | $385K | $639K | +66.0% |
Summary: 07206 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 66%.
Housing Supply in 07206, NJ
How many homes are available in 07206, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
42 | 59 | +40.5% |
Summary: The 07206 real estate market had 59 homes for sale in March 2024, a 40.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 6 | +50.0% |
3 Bedrooms | 9 | 11 | +22.2% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 25 | 37 | +48.0% |
Summary: The 07206 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 50%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 48%.
Days on Market for 07206, NJ
How long does it take to sell a home in 07206, NJ?
Average Listing Age
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
100 Days | 69 Days | -30.7% |
Summary: Homes in 07206 had an average listing age of 69 days in Mar 2024, down by 30.7% compared to the previous year.