Hackensack, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 349 transactions over the past year in Hackensack. The median value for residential home transactions that occurred over the previous year is $447,287.89. The number of current listings in Hackensack is 27, and the percentage of properties for sale in the city is 27.00%. Hackensack, NJ currently has 90 properties in foreclosure, 2 bank owned properties, 6 properties headed for auction, and 27 properties for sale.
Hackensack, NJ Real Estate Market Overview
Zip | Median Est. Value |
---|---|
07601 | $ 342,700 $ 309/sqft |
Housing Market Summary for Hackensack, NJ
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $360K | $394.4K | 9.56% |
Median Sold Price | $377.5K | $394.4K | 4.48% |
Homes For Sale | 26 | 17 | -34.62% |
Homes Sold | 218 | 176 | -19.27% |
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 Hackensack, NJ
Browse Homes in Hackensack, NJ
Hackensack home values range from $232,000 to $1,868,000. The median estimated value of a home in Hackensack is $447,287.89. The median list price of a home is 330,000, and the total count of properties in the city is 8,122.
- Pre-ForeclosurePre-foreclosure homes account for 1.01% of all residential properties in Hackensack, NJ with 07601 containing 82 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Hackensack, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $914,500 in 07601 to the lowest home value of $241,100 in 07601.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Hackensack, NJ ranges from the highest value of $1,120,000 in 07601 to the lowest value of $301,700 in 07601. Bank owned homes and properties account for 0.02% of properties in Hackensack, NJ. There is 1 zips within Hackensack, NJ; 07601 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07601 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Hackensack, NJ. Auction homes and other auction properties account for 0.07% of all properties in Hackensack, NJ. There is 1 zips within Hackensack, NJ; of that zips, the median estimated home value for homes going to auction ranges from $610,700 in 07601 to the lowest value of $438,100 in 07601.
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Guide for Hackensack, NJ
The Jersey City real estate market continues to show robust growth with prices rising to an average of $595,000 per property and $394 per square foot in February 2024.
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