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

ZipMedian Est. Value
07601

$ 342,700

$ 309/sqft

Housing Market Summary for Hackensack, NJ

Mar 2023February 2024Change
Median Listing Price$360K$394.4K9.56%
Median Sold Price$377.5K$394.4K4.48%
Homes For Sale2617-34.62%
Homes Sold218176-19.27%
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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 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.

Foreclosure
There is 1 zips within Hackensack, NJ; within this zips, the median estimated home value for homes in foreclosure ranges from $1,120,000 in 07601 to the lowest value of $241,100 in 07601. Foreclosure homes account for 1.00% of properties in Hackensack, NJ with 07601 containing 90 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-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 Owned
    The 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.
  • Auctions
    07601 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.33% of residential properties in Hackensack, NJ with 07601 containing 27 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Hackensack, NJ; homes for sale in that zips, have a range of median values from $668,800 in 07601 to the lowest value of $237,000 in 07601.
    Sold Homes
    The median value for recently sold homes ranges from $1,233,000 in 07601 to the lowest price of $234,700 in 07601. There is 1 zips within Hackensack, NJ. 07601 has 172 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.12% of properties in Hackensack, NJ.

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      Guide for Hackensack, NJ

      Market Reports
      Jersey City Real Estate Thrives with Robust Demand and Strong Growth in February 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
      Jersey City Real Estate Thrives with Robust Demand and Strong Growth in February 2024
      Market Reports|posted 18 March 2024

      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.

      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?