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 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $254.9K | $306.9K | 20.38% |
Median Sold Price | $278.2K | $306.9K | 10.30% |
Homes For Sale | 35 | 28 | -20.00% |
Homes Sold | 312 | 240 | -23.08% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 06516
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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- Auctionswest 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.
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Guide for 06516
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.
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