08840 Home Values & Market Trends

There are 23 homes currently listed for 08840. 08840 real estate market trends show that home prices range from $2,900 to $1,430,000, and the median sales price in the 08840 zip code is $587,864.51. The total number of properties sold within the past twelve months is 220. In 08840, 43 properties are in foreclosure, 1 are bank owned properties,and 4 are headed for auction.

08840 Real Estate Market Overview

CityMedian Est. Value
Metuchen

$ 544,100

$ 338/sqft

Housing Market Summary for 08840

Mar 2023February 2024Change
Median Listing Price$541.3K$567.3K4.81%
Median Sold Price$493.5K$567.3K14.95%
Homes For Sale1026160.00%
Homes Sold1041050.96%
Price
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Homes For Sale
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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 08840

The median list price of a home in Metuchen, is $587,864.51. A total of 23 properties are for sale, and the percentage of properties for sale in the zip code is 23.00%. The total count of 08840 properties is 5,491.

Foreclosure
There is 1 cities within 08840; within this cities, the median estimated home value for homes in foreclosure ranges from $832,800 in metuchen to the lowest value of $350,500 in metuchen. Foreclosure homes account for 0.00% of properties in 08840 with metuchen containing 43 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.69% of all residential properties in 08840 with metuchen containing 38 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 08840; of that cities, the estimated home value for pre-foreclosure homes ranges from $722,600 in metuchen to the lowest home value of $350,500 in metuchen.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 08840 ranges from the highest value of $832,800 in metuchen to the lowest value of $832,800 in metuchen. Bank owned homes and properties account for 0.02% of properties in 08840. There is 1 cities within 08840; metuchen containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    metuchen has 4 auction properties, the highest number of properties going to auction in a single city in the state of 08840. Auction homes and other auction properties account for 0.07% of all properties in 08840. There is 1 cities within 08840; of that cities, the median estimated home value for homes going to auction ranges from $651,000 in metuchen to the lowest value of $442,500 in metuchen.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.42% of residential properties in 08840 with metuchen containing 23 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 08840; homes for sale in that cities, have a range of median values from $982,800 in metuchen to the lowest value of $350,500 in metuchen.
    Sold Homes
    The median value for recently sold homes ranges from $1,008,000 in metuchen to the lowest price of $176,000 in metuchen. There is 1 cities within 08840. metuchen has 93 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.69% of properties in 08840.

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      Guide for 08840

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