Is 07417, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 07417 has remained a Buyer's Market.
Housing Prices in 07417, NJ
How much do homes in 07417, NJ cost?
Median Sold Price
$939,999
-
Based on all homes sold in April 2024.
Difference Since Last Month
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | - | $852.5K | N/A |
4 Bedrooms | $1.0M | $999.9K | -6.5% |
5+ Bedrooms | - | $1.8M | N/A |
Summary: 07417 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes did not change.
Housing Supply in 07417, NJ
How many homes are available in 07417, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 50 | +72.4% |
Summary: The 07417 real estate market had 50 homes for sale in April 2024, a 72.4% 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 | 0 | 0.0% |
3 Bedrooms | 3 | 7 | +133.3% |
4 Bedrooms | 8 | 15 | +87.5% |
5+ Bedrooms | 18 | 28 | +55.6% |
Summary: The 07417 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 remained the same, 3 bedroom homes increased by 133.3%, 4 bedroom homes increased by 87.5%, and 5+ bedroom homes increased by 55.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 07417 in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 07417, NJ
We’re sorry, we don't have information for this market at the moment