Dumont, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 144 transactions over the past year in Dumont. The median value for residential home transactions that occurred over the previous year is $554,678.59. The number of current listings in Dumont is 7, and the percentage of properties for sale in the city is 7.00%. Dumont, NJ currently has 62 properties in foreclosure, 0 bank owned properties, 11 properties headed for auction, and 7 properties for sale.
Dumont, NJ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 07628 | $ 561,200 $ 378/sqft |
Housing Market Summary for Dumont, NJ
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $539K | $551.3K | 2.28% |
| Median Sold Price | $485.8K | $551.3K | 13.49% |
| Homes For Sale | 7 | 6 | -14.29% |
| Homes Sold | 93 | 66 | -29.03% |
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 Dumont, NJ
Browse Homes in Dumont, NJ
Dumont home values range from $236,500 to $1,371,000. The median estimated value of a home in Dumont is $554,678.59. The median list price of a home is 599,999, and the total count of properties in the city is 4,963.
- Pre-ForeclosurePre-foreclosure homes account for 1.03% of all residential properties in Dumont, NJ with 07628 containing 51 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Dumont, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,025,000 in 07628 to the lowest home value of $440,200 in 07628.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Dumont, NJ ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Dumont, NJ. There is 1 zips within Dumont, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07628 has 11 auction properties, the highest number of properties going to auction in a single zip in the state of Dumont, NJ. Auction homes and other auction properties account for 0.22% of all properties in Dumont, NJ. There is 1 zips within Dumont, NJ; of that zips, the median estimated home value for homes going to auction ranges from $653,300 in 07628 to the lowest value of $402,300 in 07628.
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Guide for Dumont, NJ
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