Housing Prices in 07305, NJ
How much do homes in 07305, NJ cost?
Median List Price
$550,000
$331/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Summary: The median home list price in 07305 was $550,000 in March 2024, up 29.4% from the previous year, and the median price per square foot was $331.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $280K | $230K | -17.9% |
2 Bedrooms | $422.4K | $398K | -5.8% |
3 Bedrooms | $475K | $587K | +23.6% |
4 Bedrooms | $467.5K | $532.4K | +13.9% |
5+ Bedrooms | $567.5K | $799K | +40.8% |
Summary: 07305 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.9%, 2 bedroom homes decreased by 5.8%, 3 bedroom homes increased by 23.6%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 40.8%.
Median List Price Compared To Nearby Zip Codes
07305 | $424.9K | $550K | +29.4% |
07032 | $399.9K | $517.5K | +29.4% |
Housing Supply in 07305, NJ
How many homes are available in 07305, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 41 | +36.7% |
Summary: The 07305 real estate market had 41 homes for sale in March 2024, a 36.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 6 | 8 | +33.3% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 14 | 20 | +42.9% |
Summary: The 07305 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 42.9%.
Days on Market for 07305, NJ
How long does it take to sell a home in 07305, NJ?
Average Listing Age
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
100 Days | 93 Days | -6.8% |
Summary: Homes in 07305 had an average listing age of 93 days in Mar 2024, down by 6.8% compared to the previous year.