Housing Prices in 07024, NJ
How much do homes in 07024, NJ cost?
Median List Price
$410,000
$447/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in 07024 has increased by 34.4% since last year.
Summary: The median home list price in 07024 was $410,000 in April 2024, up 34.4% from the previous year, and the median price per square foot was $447.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $242K | +12.6% |
| 2 Bedrooms | $265K | $339K | +27.9% |
| 3 Bedrooms | $730.9K | $876.5K | +19.9% |
| 4 Bedrooms | $749.5K | $1.3M | +85.4% |
| 5+ Bedrooms | $1.0M | $1.8M | +71.5% |
Summary: 07024 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.6%, 2 bedroom homes increased by 27.9%, 3 bedroom homes increased by 19.9%, 4 bedroom homes increased by 85.4%, and 5+ bedroom homes increased by 71.5%.
Housing Supply in 07024, NJ
How many homes are available in 07024, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 57 | 105 | +84.2% |
Summary: The 07024 real estate market had 105 homes for sale in April 2024, a 84.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 24 | +118.2% |
| 2 Bedrooms | 23 | 36 | +56.5% |
| 3 Bedrooms | 11 | 21 | +90.9% |
| 4 Bedrooms | 4 | 8 | +100.0% |
| 5+ Bedrooms | 8 | 16 | +100.0% |
Summary: The 07024 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 118.2%, 2 bedroom homes increased by 56.5%, 3 bedroom homes increased by 90.9%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Days on Market for 07024, NJ
How long does it take to sell a home in 07024, NJ?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 305 Days | 77 Days | -74.6% |
Summary: Homes in 07024 had an average listing age of 77 days in Apr 2024, down by 74.6% compared to the previous year.
