Waretown, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 177 transactions over the past year in Waretown. The median value for residential home transactions that occurred over the previous year is $479,771.23. The number of current listings in Waretown is 29, and the percentage of properties for sale in the city is 29.00%. Waretown, NJ currently has 40 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 29 properties for sale.
Waretown, NJ Real Estate Market Overview
Zip | Median Est. Value |
---|---|
08758 | $ 497,625 $ 237/sqft |
Housing Market Summary for Waretown, NJ
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $389.9K | $421K | 7.96% |
Median Sold Price | $437.5K | $421K | -3.77% |
Homes For Sale | 22 | 29 | 31.82% |
Homes Sold | 96 | 112 | 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 Waretown, NJ
Browse Homes in Waretown, NJ
Waretown home values range from $69,714 to $2,545,958. The median estimated value of a home in Waretown is $479,771.23. The median list price of a home is 619,900, and the total count of properties in the city is 3,893.
- Pre-ForeclosurePre-foreclosure homes account for 0.98% of all residential properties in Waretown, NJ with 08758 containing 38 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Waretown, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $602,500 in 08758 to the lowest home value of $225,500 in 08758.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Waretown, NJ ranges from the highest value of $0 in 08758 to the lowest value of $0 in 08758. Bank owned homes and properties account for 0.03% of properties in Waretown, NJ. There is 1 zips within Waretown, NJ; 08758 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions08758 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Waretown, NJ. Auction homes and other auction properties account for 0.03% of all properties in Waretown, NJ. There is 1 zips within Waretown, NJ; of that zips, the median estimated home value for homes going to auction ranges from $235,300 in 08758 to the lowest value of $235,300 in 08758.
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More Real Estate Resources for Waretown, NJ
Guide for Waretown, 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.