07059 Home Values & Market Trends

There are 25 homes currently listed for 07059. 07059 real estate market trends show that home prices range from $450,000 to $1,800,000, and the median sales price in the 07059 zip code is $922,013.17. The total number of properties sold within the past twelve months is 223. In 07059, 29 properties are in foreclosure, 3 are bank owned properties,and 0 are headed for auction.

07059 Real Estate Market Overview

CityMedian Est. Value
Warren

$ 988,100

$ 339/sqft

Housing Market Summary for 07059

Apr 2023March 2024Change
Median Listing Price$1.1M$890.7K-19.03%
Median Sold Price$861.8K$890.7K3.35%
Homes For Sale3023-23.33%
Homes Sold125100-20.00%
Price
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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 07059

The median list price of a home in Warren, is $922,013.17. A total of 25 properties are for sale, and the percentage of properties for sale in the zip code is 25.00%. The total count of 07059 properties is 5,556.

Foreclosure
There is 1 cities within 07059; within this cities, the median estimated home value for homes in foreclosure ranges from $1,555,000 in warren to the lowest value of $306,400 in warren. Foreclosure homes account for 0.00% of properties in 07059 with warren containing 29 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.47% of all residential properties in 07059 with warren containing 26 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07059; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,555,000 in warren to the lowest home value of $306,400 in warren.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 07059 ranges from the highest value of $1,506,000 in warren to the lowest value of $549,800 in warren. Bank owned homes and properties account for 0.05% of properties in 07059. There is 1 cities within 07059; warren containing 3 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 07059. Auction homes and other auction properties account for 0% of all properties in 07059. There is 1 cities within 07059; of that cities, 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.45% of residential properties in 07059 with warren containing 25 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 07059; homes for sale in that cities, have a range of median values from $1,493,000 in warren to the lowest value of $210,500 in warren.
    Sold Homes
    The median value for recently sold homes ranges from $1,558,000 in warren to the lowest price of $211,300 in warren. There is 1 cities within 07059. warren has 100 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.80% of properties in 07059.

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      Guide for 07059

      Market Reports
      Newark Real Estate Market Report, March 2024
      Market Reports
      Jersey City Real Estate Thrives with Robust Demand and Strong Growth in February 2024
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      See More Articles
      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      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.

      Jersey City Real Estate Thrives with Robust Demand and Strong Growth in February 2024
      Market Reports|posted 18 March 2024

      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.

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.