Browns Mills, NJ Home Values & Market Trends

Real estate market trends reflect that there have been 383 transactions over the past year in Browns Mills. The median value for residential home transactions that occurred over the previous year is $283,605.56. The number of current listings in Browns Mills is 21, and the percentage of properties for sale in the city is 21.00%. Browns Mills, NJ currently has 178 properties in foreclosure, 0 bank owned properties, 19 properties headed for auction, and 21 properties for sale.

Browns Mills, NJ Real Estate Market Overview

ZipMedian Est. Value
08015

$ 260,200

$ 197/sqft

Housing Market Summary for Browns Mills, NJ

Mar 2023February 2024Change
Median Listing Price$269.9K$281.7K4.35%
Median Sold Price$258.6K$281.7K8.93%
Homes For Sale3422-35.29%
Homes Sold255199-21.96%
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 Browns Mills, NJ

Browns Mills home values range from $113,800 to $864,600. The median estimated value of a home in Browns Mills is $283,605.56. The median list price of a home is 299,900, and the total count of properties in the city is 6,421.

Foreclosure
There is 1 zips within Browns Mills, NJ; within this zips, the median estimated home value for homes in foreclosure ranges from $783,300 in 08015 to the lowest value of $134,400 in 08015. Foreclosure homes account for 2.00% of properties in Browns Mills, NJ with 08015 containing 178 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 2.48% of all residential properties in Browns Mills, NJ with 08015 containing 159 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Browns Mills, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $783,300 in 08015 to the lowest home value of $134,400 in 08015.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Browns Mills, 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 Browns Mills, NJ. There is 1 zips within Browns Mills, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    08015 has 19 auction properties, the highest number of properties going to auction in a single zip in the state of Browns Mills, NJ. Auction homes and other auction properties account for 0.30% of all properties in Browns Mills, NJ. There is 1 zips within Browns Mills, NJ; of that zips, the median estimated home value for homes going to auction ranges from $429,600 in 08015 to the lowest value of $214,400 in 08015.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.33% of residential properties in Browns Mills, NJ with 08015 containing 21 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Browns Mills, NJ; homes for sale in that zips, have a range of median values from $469,400 in 08015 to the lowest value of $124,100 in 08015.
    Sold Homes
    The median value for recently sold homes ranges from $554,400 in 08015 to the lowest price of $122,600 in 08015. There is 1 zips within Browns Mills, NJ. 08015 has 187 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.91% of properties in Browns Mills, NJ.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Browns Mills, NJ
      $
      $

      Guide for Browns Mills, NJ

      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 Browns Mills, NJ

      No data to show