07648 Home Values & Market Trends

There are 1 homes currently listed for 07648. 07648 real estate market trends show that home prices range from $939,888 to $939,888, and the median sales price in the 07648 zip code is $738,290.09. The total number of properties sold within the past twelve months is 62. In 07648, 25 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

07648 Real Estate Market Overview

CityMedian Est. Value
Norwood

$ 993,600

$ 314/sqft

Housing Market Summary for 07648

Mar 2023February 2024Change
Median Listing Price$967K$750.5K-22.38%
Median Sold Price$700K$750.5K7.21%
Homes For Sale61-83.33%
Homes Sold3734-8.11%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

Browse Homes in 07648

The median list price of a home in Norwood, is $738,290.09. A total of 1 properties are for sale, and the percentage of properties for sale in the zip code is 1.00%. The total count of 07648 properties is 1,823.

Foreclosure
There is 1 cities within 07648; within this cities, the median estimated home value for homes in foreclosure ranges from $1,437,000 in norwood to the lowest value of $508,300 in norwood. Foreclosure homes account for 1.00% of properties in 07648 with norwood containing 25 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.32% of all residential properties in 07648 with norwood containing 24 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07648; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,437,000 in norwood to the lowest home value of $508,300 in norwood.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 07648 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 07648. There is 1 cities within 07648; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    norwood has 1 auction properties, the highest number of properties going to auction in a single city in the state of 07648. Auction homes and other auction properties account for 0.05% of all properties in 07648. There is 1 cities within 07648; of that cities, the median estimated home value for homes going to auction ranges from $1,091,000 in norwood to the lowest value of $1,091,000 in norwood.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.05% of residential properties in 07648 with norwood containing 1 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 07648; homes for sale in that cities, have a range of median values from $993,600 in norwood to the lowest value of $993,600 in norwood.
    Sold Homes
    The median value for recently sold homes ranges from $1,841,000 in norwood to the lowest price of $241,800 in norwood. There is 1 cities within 07648. norwood has 34 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.87% of properties in 07648.

      Compare Nearby Zip Codes

      Price
      $/Sqft
      Homes For Sale
      0
      0
      07648
      $
      $

      Guide for 07648

      Market Reports
      Newark Real Estate Market Report, March 2024
      Market Reports
      Jersey City Real Estate Thrives with Robust Demand and Strong Growth in February 2024
      Investing Strategies
      How To Identify The Best Cities to Invest In 2024
      New York
      Upward Trend in Houston’s Real Estate Market: Comprehensive Analysis of 2023-2024 Trends
      See More Articles
      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.

      How To Identify The Best Cities to Invest In 2024
      Investing Strategies|posted 28 March 2024

      How to find the cities to invest in for 2024 and make informed decisions for your financial future.

      Upward Trend in Houston’s Real Estate Market: Comprehensive Analysis of 2023-2024 Trends
      New York|posted 27 March 2024

      Between March 2023 and February 2024 the Houston real estate market witnessed a moderate rise in property values with mild fluctuations in the average selling price per sq ft.

      Recently Listed Homes 07648

      No data to show