Is 07930, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 07930 is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, 07930 has remained a Seller's Market.

Key Takeaway

07930 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 07930, NJ cost?

Median Sold Price

$747,000

-

Based on all homes sold in the last 12 months.

Difference Since September 2021

-$24,500(-3.2%)

Key Takeaway

Homes in 07930 have sold for 3.2% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 $67.5K$264.5K
+291.9%
3 $524.9K$554K
+5.5%
4 $820K$800K
-2.4%
5+ $1.1M$1.3M
+12.3%

How many homes are available in 07930, NJ?

Number of Homes For Sale

Aug 2022Sep 2022%
60600.0%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 01
+100.0%
2 01
+100.0%
3 97
-22.2%
4 3739
+5.4%
5+ 1412
-14.3%

Number of Homes Sold

Aug 2022Sep 2022%
1214+16.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 07930, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

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

About 07930, NJ

07930, NJ has 60 homes for sale to choose from. From August 2022 through September 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties went up by 291.9%, 3 bedrooms properties became 5.5% more expensive, 4 bedrooms properties became 2.4% more cheaper, prices of 5 bedrooms properties increased by 12.3%. Housing inventory have changed in this real estate market: number of 1 bedroom homes increased by 100%, number of 2 bedrooms homes increased by 100%, number of 3 bedrooms homes decreased by 22.2%, volume of 4 bedrooms homes went up by 5.4%, 5 bedrooms homes became 14.3% less available. Over 6 listings were sold over their listed price in September 2022 in 07930, NJ. In the same period over 5 listings were sold below the listed price and 3 listings were sold for the listed price.