Housing Prices in 07620, NJ

How much do homes in 07620, NJ cost?

Median List Price

$9,312,500

-

Based on all homes listed in the last 12 months.

Difference Since March 2023

-$5,775,500(-38.3%)

Key Takeaway

The list price of homes in 07620 has decreased by 38.3% since last year.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 -$2.4M
N/A
5+ $15.0M$13.7M
-8.9%

Summary: 07620 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 8.9%.

Median List Price Compared To Nearby Zip Codes

07648
+50.0%
10701
+14.1%
10705
-18.2%
07620
-38.3%

Housing Supply in 07620, NJ

How many homes are available in 07620, NJ?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
810+25.0%

Summary: The 07620 real estate market had 10 homes for sale in March 2024, a 25.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 11
0.0%
5+ 79
+28.6%

Summary: The 07620 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 28.6%.

Days on Market for 07620, NJ

How long does it take to sell a home in 07620, NJ?

Average Listing Age

Mar 2023Mar 2024CHANGE
389 Days250 Days-35.6%

Summary: Homes in 07620 had an average listing age of 250 days in Mar 2024, down by 35.6% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in 07620, NJ

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