06516 Home Values & Market Trends

There are 34 homes currently listed for 06516. 06516 real estate market trends show that home prices range from $129,900 to $819,900, and the median sales price in the 06516 zip code is $327,940.4. The total number of properties sold within the past twelve months is 593. In 06516, 51 properties are in foreclosure, 4 are bank owned properties,and 8 are headed for auction.

Housing Market Summary for 06516

Mar 2023February 2024Change
Median Listing Price$254.9K$306.9K20.38%
Median Sold Price$278.2K$306.9K10.30%
Homes For Sale3528-20.00%
Homes Sold312240-23.08%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 06516

The median list price of a home in West Haven, is $327,940.4. A total of 34 properties are for sale, and the percentage of properties for sale in the zip code is 34.00%. The total count of 06516 properties is 14,674.

Foreclosure
There is 1 cities within 06516; within this cities, the median estimated home value for homes in foreclosure ranges from $629,200 in west haven to the lowest value of $96,000 in west haven. Foreclosure homes account for 0.00% of properties in 06516 with west haven containing 51 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.27% of all residential properties in 06516 with west haven containing 39 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 06516; of that cities, the estimated home value for pre-foreclosure homes ranges from $629,200 in west haven to the lowest home value of $96,000 in west haven.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 06516 ranges from the highest value of $431,600 in west haven to the lowest value of $292,750 in west haven. Bank owned homes and properties account for 0.03% of properties in 06516. There is 1 cities within 06516; west haven containing 4 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    west haven has 8 auction properties, the highest number of properties going to auction in a single city in the state of 06516. Auction homes and other auction properties account for 0.05% of all properties in 06516. There is 1 cities within 06516; of that cities, the median estimated home value for homes going to auction ranges from $414,250 in west haven to the lowest value of $276,250 in west haven.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.23% of residential properties in 06516 with west haven containing 34 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 06516; homes for sale in that cities, have a range of median values from $492,600 in west haven to the lowest value of $116,155 in west haven.
    Sold Homes
    The median value for recently sold homes ranges from $869,700 in west haven to the lowest price of $39,764 in west haven. There is 1 cities within 06516. west haven has 222 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.51% of properties in 06516.

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      Guide for 06516

      Market Reports
      Newark Real Estate Market Report, March 2024
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Home Buying Guides & Tips
      How Do You Buy a House if You’re Broke?
      See More Articles
      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      How Do You Buy a House if You’re Broke?
      Home Buying Guides & Tips|posted 20 March 2024

      What can you do when you want to buy a house when you’re strapped for cash?