Old Bridge, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 367 transactions over the past year in Old Bridge. The median value for residential home transactions that occurred over the previous year is $544,229. The number of current listings in Old Bridge is 56, and the percentage of properties for sale in the city is 56.00%. Old Bridge, NJ currently has 123 properties in foreclosure, 3 bank owned properties, 10 properties headed for auction, and 56 properties for sale.
Old Bridge, NJ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 08857 | $ 551,700 $ 324/sqft |
Housing Market Summary for Old Bridge, NJ
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $567.5K | $541.3K | -4.61% |
| Median Sold Price | $470K | $541.3K | 15.18% |
| Homes For Sale | 48 | 47 | -2.08% |
| Homes Sold | 182 | 184 | 1.10% |
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 Old Bridge, NJ
Browse Homes in Old Bridge, NJ
Old Bridge home values range from $187,700 to $1,014,000. The median estimated value of a home in Old Bridge is $544,229. The median list price of a home is 599,900, and the total count of properties in the city is 11,082.
- Pre-ForeclosurePre-foreclosure homes account for 0.99% of all residential properties in Old Bridge, NJ with 08857 containing 110 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Old Bridge, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $991,700 in 08857 to the lowest home value of $356,700 in 08857.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Old Bridge, NJ ranges from the highest value of $580,700 in 08857 to the lowest value of $548,700 in 08857. Bank owned homes and properties account for 0.03% of properties in Old Bridge, NJ. There is 1 zips within Old Bridge, NJ; 08857 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions08857 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of Old Bridge, NJ. Auction homes and other auction properties account for 0.09% of all properties in Old Bridge, NJ. There is 1 zips within Old Bridge, NJ; of that zips, the median estimated home value for homes going to auction ranges from $823,800 in 08857 to the lowest value of $411,300 in 08857.
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More Real Estate Resources for Old Bridge, NJ
Guide for Old Bridge, NJ
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.
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.
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.
