Carteret, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 189 transactions over the past year in Carteret. The median value for residential home transactions that occurred over the previous year is $459,351.52. The number of current listings in Carteret is 15, and the percentage of properties for sale in the city is 15.00%. Carteret, NJ currently has 83 properties in foreclosure, 2 bank owned properties, 3 properties headed for auction, and 15 properties for sale.
Carteret, NJ Real Estate Market Overview
Zip | Median Est. Value |
---|---|
07008 | $ 424,850 $ 293/sqft |
Housing Market Summary for Carteret, NJ
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $494K | $456.3K | -7.63% |
Median Sold Price | $425.6K | $456.3K | 7.21% |
Homes For Sale | 30 | 14 | -53.33% |
Homes Sold | 106 | 119 | 12.26% |
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 Carteret, NJ
Browse Homes in Carteret, NJ
Carteret home values range from $184,900 to $1,008,000. The median estimated value of a home in Carteret is $459,351.52. The median list price of a home is 469,900, and the total count of properties in the city is 5,183.
- Pre-ForeclosurePre-foreclosure homes account for 1.50% of all residential properties in Carteret, NJ with 07008 containing 78 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Carteret, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $673,400 in 07008 to the lowest home value of $371,500 in 07008.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Carteret, NJ ranges from the highest value of $626,500 in 07008 to the lowest value of $435,000 in 07008. Bank owned homes and properties account for 0.04% of properties in Carteret, NJ. There is 1 zips within Carteret, NJ; 07008 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07008 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Carteret, NJ. Auction homes and other auction properties account for 0.06% of all properties in Carteret, NJ. There is 1 zips within Carteret, NJ; of that zips, the median estimated home value for homes going to auction ranges from $469,000 in 07008 to the lowest value of $415,400 in 07008.
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More Real Estate Resources for Carteret, NJ
Guide for Carteret, NJ
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