Belle Mead, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 86 transactions over the past year in Belle Mead. The median value for residential home transactions that occurred over the previous year is $909,746.48. The number of current listings in Belle Mead is 13, and the percentage of properties for sale in the city is 13.00%. Belle Mead, NJ currently has 10 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 13 properties for sale.
Belle Mead, NJ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 08502 | $ 1,072,000 $ 346/sqft |
Housing Market Summary for Belle Mead, NJ
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $822.5K | $942.5K | 14.59% |
| Median Sold Price | $644.4K | $942.5K | 46.26% |
| Homes For Sale | 10 | 9 | -10.00% |
| Homes Sold | 46 | 45 | -2.17% |
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 Belle Mead, NJ
Browse Homes in Belle Mead, NJ
Belle Mead home values range from $254,600 to $1,575,000. The median estimated value of a home in Belle Mead is $909,746.48. The median list price of a home is 1,069,000, and the total count of properties in the city is 3,072.
- Pre-ForeclosurePre-foreclosure homes account for 0.33% of all residential properties in Belle Mead, NJ with 08502 containing 10 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Belle Mead, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,173,000 in 08502 to the lowest home value of $405,900 in 08502.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Belle Mead, 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 Belle Mead, NJ. There is 1 zips within Belle Mead, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Belle Mead, NJ. Auction homes and other auction properties account for 0% of all properties in Belle Mead, NJ. There is 1 zips within Belle Mead, NJ; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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More Real Estate Resources for Belle Mead, NJ
Guide for Belle Mead, NJ
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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.
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