Oaklyn, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 160 transactions over the past year in Oaklyn. The median value for residential home transactions that occurred over the previous year is $294,691.6. The number of current listings in Oaklyn is 15, and the percentage of properties for sale in the city is 15.00%. Oaklyn, NJ currently has 48 properties in foreclosure, 0 bank owned properties, 6 properties headed for auction, and 15 properties for sale.
Oaklyn, NJ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 08107 | $ 282,400 $ 213/sqft |
Housing Market Summary for Oaklyn, NJ
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $165K | $289.5K | 75.45% |
| Median Sold Price | $220.4K | $289.5K | 31.35% |
| Homes For Sale | 9 | 20 | 122.22% |
| Homes Sold | 90 | 75 | -16.67% |
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 Oaklyn, NJ
Browse Homes in Oaklyn, NJ
Oaklyn home values range from $69,980 to $736,000. The median estimated value of a home in Oaklyn is $294,691.6. The median list price of a home is 290,000, and the total count of properties in the city is 2,758.
- Pre-ForeclosurePre-foreclosure homes account for 1.52% of all residential properties in Oaklyn, NJ with 08107 containing 60 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Oaklyn, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $523,700 in 08107 to the lowest home value of $101,500 in 08107.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Oaklyn, 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 Oaklyn, NJ. There is 1 zips within Oaklyn, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions08107 has 8 auction properties, the highest number of properties going to auction in a single zip in the state of Oaklyn, NJ. Auction homes and other auction properties account for 0.22% of all properties in Oaklyn, NJ. There is 1 zips within Oaklyn, NJ; of that zips, the median estimated home value for homes going to auction ranges from $405,400 in 08107 to the lowest value of $129,100 in 08107.
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Guide for Oaklyn, 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.