Piscataway, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 460 transactions over the past year in Piscataway. The median value for residential home transactions that occurred over the previous year is $496,751.39. The number of current listings in Piscataway is 37, and the percentage of properties for sale in the city is 37.00%. Piscataway, NJ currently has 170 properties in foreclosure, 1 bank owned properties, 13 properties headed for auction, and 37 properties for sale.
Piscataway, NJ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 08854 | $ 477,300 $ 304/sqft |
Housing Market Summary for Piscataway, NJ
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $400K | $477.6K | 19.40% |
| Median Sold Price | $430.2K | $477.6K | 11.02% |
| Homes For Sale | 39 | 38 | -2.56% |
| Homes Sold | 296 | 259 | -12.50% |
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 Piscataway, NJ
Browse Homes in Piscataway, NJ
Piscataway home values range from $186,400 to $1,013,000. The median estimated value of a home in Piscataway is $496,751.39. The median list price of a home is 545,000, and the total count of properties in the city is 13,759.
- Pre-ForeclosurePre-foreclosure homes account for 1.13% of all residential properties in Piscataway, NJ with 08854 containing 156 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Piscataway, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $973,700 in 08854 to the lowest home value of $347,100 in 08854.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Piscataway, NJ ranges from the highest value of $381,000 in 08854 to the lowest value of $381,000 in 08854. Bank owned homes and properties account for 0.01% of properties in Piscataway, NJ. There is 1 zips within Piscataway, NJ; 08854 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions08854 has 13 auction properties, the highest number of properties going to auction in a single zip in the state of Piscataway, NJ. Auction homes and other auction properties account for 0.09% of all properties in Piscataway, NJ. There is 1 zips within Piscataway, NJ; of that zips, the median estimated home value for homes going to auction ranges from $824,500 in 08854 to the lowest value of $373,500 in 08854.
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Guide for Piscataway, 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.
When house prices increase near good school, what options do home buyer have?
Information on foreclosure financing, refinancing, and foreclosure mortgages.
