07031 Home Values & Market Trends

There are 8 homes currently listed for 07031. 07031 real estate market trends show that home prices range from $379,000 to $719,000, and the median sales price in the 07031 zip code is $567,016.47. The total number of properties sold within the past twelve months is 99. In 07031, 34 properties are in foreclosure, 0 are bank owned properties,and 3 are headed for auction.

Housing Market Summary for 07031

Apr 2023March 2024Change
Median Listing Price$544K$579.4K6.51%
Median Sold Price$485K$579.4K19.46%
Homes For Sale65-16.67%
Homes Sold8945-49.44%
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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 07031

The median list price of a home in North Arlington, is $567,016.47. A total of 8 properties are for sale, and the percentage of properties for sale in the zip code is 8.00%. The total count of 07031 properties is 3,701.

Foreclosure
There is 1 cities within 07031; within this cities, the median estimated home value for homes in foreclosure ranges from $1,151,000 in north arlington to the lowest value of $435,500 in north arlington. Foreclosure homes account for 0.00% of properties in 07031 with north arlington containing 33 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.84% of all residential properties in 07031 with north arlington containing 31 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07031; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,151,000 in north arlington to the lowest home value of $435,500 in north arlington.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 07031 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 07031. There is 1 cities within 07031; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    north arlington has 2 auction properties, the highest number of properties going to auction in a single city in the state of 07031. Auction homes and other auction properties account for 0.08% of all properties in 07031. There is 1 cities within 07031; of that cities, the median estimated home value for homes going to auction ranges from $1,097,000 in north arlington to the lowest value of $520,700 in north arlington.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.22% of residential properties in 07031 with north arlington containing 6 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 07031; homes for sale in that cities, have a range of median values from $668,900 in north arlington to the lowest value of $415,700 in north arlington.
    Sold Homes
    The median value for recently sold homes ranges from $1,393,000 in north arlington to the lowest price of $240,800 in north arlington. There is 1 cities within 07031. north arlington has 46 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.32% of properties in 07031.

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      Guide for 07031

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      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.

      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.

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      Market Reports|posted 8 April 2024

      The Little Rock real estate market has shown growth in average property values and prices per square foot between April 2023 and March 2024, indicating an investment-friendly environment.

      Recently Listed Homes 07031

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