Housing Prices in 07601, NJ
How much do homes in 07601, NJ cost?
Median List Price
$389,900
$333/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in 07601 has increased by 7.6% since last year.
Summary: The median home list price in 07601 was $389,900 in March 2024, up 7.6% from the previous year, and the median price per square foot was $333.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $249.9K | $250K | 0.0% |
| 2 Bedrooms | $342.4K | $330K | -3.6% |
| 3 Bedrooms | $472.5K | $525K | +11.1% |
| 4 Bedrooms | $502.5K | $587.4K | +16.9% |
| 5+ Bedrooms | $724.9K | $712K | -1.8% |
Summary: 07601 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 decreased by 3.6%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes decreased by 1.8%.
Median List Price Compared To Nearby Zip Codes
| 07666 | $453.9K | $557.5K | +22.8% |
| 07603 | $467K | $550K | +17.8% |
| 07601 | $362.5K | $389.9K | +7.6% |
| 07607 | $548.9K | $509K | -7.3% |
Housing Supply in 07601, NJ
How many homes are available in 07601, NJ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 33 | 56 | +69.7% |
Summary: The 07601 real estate market had 56 homes for sale in March 2024, a 69.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 17 | +142.9% |
| 2 Bedrooms | 5 | 10 | +100.0% |
| 3 Bedrooms | 6 | 9 | +50.0% |
| 4 Bedrooms | 4 | 9 | +125.0% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The 07601 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 142.9%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 125%, and 5+ bedroom homes remained the same.
Days on Market for 07601, NJ
How long does it take to sell a home in 07601, NJ?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 99 Days | 65 Days | -33.7% |
Summary: Homes in 07601 had an average listing age of 65 days in Mar 2024, down by 33.7% 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.