Morganville, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 160 transactions over the past year in Morganville. The median value for residential home transactions that occurred over the previous year is $764,284.96. The number of current listings in Morganville is 41, and the percentage of properties for sale in the city is 41.00%. Morganville, NJ currently has 46 properties in foreclosure, 2 bank owned properties, 3 properties headed for auction, and 41 properties for sale.
Morganville, NJ Real Estate Market Overview
Zip | Median Est. Value |
---|---|
07751 | $ 835,000 $ 319/sqft |
Housing Market Summary for Morganville, NJ
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $845K | $764.3K | -9.55% |
Median Sold Price | $683.8K | $764.3K | 11.78% |
Homes For Sale | 43 | 47 | 9.30% |
Homes Sold | 90 | 73 | -18.89% |
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 Morganville, NJ
Browse Homes in Morganville, NJ
Morganville home values range from $103,477 to $3,888,888. The median estimated value of a home in Morganville is $764,284.96. The median list price of a home is 845,000, and the total count of properties in the city is 6,383.
- Pre-ForeclosurePre-foreclosure homes account for 0.64% of all residential properties in Morganville, NJ with 07751 containing 41 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Morganville, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,999,999 in 07751 to the lowest home value of $205,100 in 07751.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Morganville, NJ ranges from the highest value of $896,500 in 07751 to the lowest value of $896,500 in 07751. Bank owned homes and properties account for 0.03% of properties in Morganville, NJ. There is 1 zips within Morganville, NJ; 07751 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07751 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Morganville, NJ. Auction homes and other auction properties account for 0.05% of all properties in Morganville, NJ. There is 1 zips within Morganville, NJ; of that zips, the median estimated home value for homes going to auction ranges from $1,947,000 in 07751 to the lowest value of $680,000 in 07751.
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Guide for Morganville, NJ
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