Mount Ephraim, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 111 transactions over the past year in Mount Ephraim. The median value for residential home transactions that occurred over the previous year is $267,067.41. The number of current listings in Mount Ephraim is 6, and the percentage of properties for sale in the city is 6.00%. Mount Ephraim, NJ currently has 41 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 6 properties for sale.
Mount Ephraim, NJ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 08059 | $ 294,450 $ 226/sqft |
Housing Market Summary for Mount Ephraim, NJ
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $260K | $251.8K | -3.13% |
| Median Sold Price | $233.7K | $251.8K | 7.77% |
| Homes For Sale | 7 | 5 | -28.57% |
| Homes Sold | 52 | 42 | -19.23% |
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 Mount Ephraim, NJ
Browse Homes in Mount Ephraim, NJ
Mount Ephraim home values range from $87,150 to $720,000. The median estimated value of a home in Mount Ephraim is $267,067.41. The median list price of a home is 309,994.5, and the total count of properties in the city is 1,971.
- Pre-ForeclosurePre-foreclosure homes account for 1.93% of all residential properties in Mount Ephraim, NJ with 08059 containing 41 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Mount Ephraim, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $467,900 in 08059 to the lowest home value of $197,900 in 08059.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Mount Ephraim, 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 Mount Ephraim, NJ. There is 1 zips within Mount Ephraim, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions08059 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Mount Ephraim, NJ. Auction homes and other auction properties account for 0.15% of all properties in Mount Ephraim, NJ. There is 1 zips within Mount Ephraim, NJ; of that zips, the median estimated home value for homes going to auction ranges from $334,400 in 08059 to the lowest value of $295,900 in 08059.
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Guide for Mount Ephraim, 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.
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.
