Is 07934, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 07934 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 07934 has remained a Seller's Market.

Key Takeaway

07934 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 07934, NJ

How much do homes in 07934, NJ cost?

Median Sold Price

$1,079,000

-

Based on all homes sold in March 2024.

Difference Since Last Month

+$674,000(+166.4%)

Key Takeaway

Homes in 07934 have sold for 166.4% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $405K-
N/A
2 --
N/A
3 --
N/A
4 --
N/A
5+ -$1.0M
N/A

Summary: 07934 housing prices by bedroom type for March 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 did not change, and 5+ bedroom homes did not change.

Housing Supply in 07934, NJ

How many homes are available in 07934, NJ?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
45+25.0%

Summary: The 07934 real estate market had 5 homes for sale in March 2024, a 25.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 00
0.0%
3 00
0.0%
4 13
+200.0%
5+ 22
0.0%

Summary: The 07934 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 07934, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 07934 in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 07934, NJ

We’re sorry, we don't have information for this market at the moment

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

Report Updated 28 Days Ago

Newest Listings in 07934, NJ

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