07054 Home Values & Market Trends
There are 11 homes currently listed for 07054. 07054 real estate market trends show that home prices range from $325,000 to $1,099,000, and the median sales price in the 07054 zip code is $640,826.13. The total number of properties sold within the past twelve months is 176. In 07054, 38 properties are in foreclosure, 1 are bank owned properties,and 4 are headed for auction.
07054 Real Estate Market Overview
City | Median Est. Value |
---|---|
Parsippany | $ 646,900 $ 306/sqft |
Housing Market Summary for 07054
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $567.5K | $633.9K | 11.69% |
Median Sold Price | $550K | $633.9K | 15.25% |
Homes For Sale | 12 | 11 | -8.33% |
Homes Sold | 117 | 98 | -16.24% |
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 07054
Browse Homes in 07054
The median list price of a home in Parsippany, is $640,826.13. A total of 11 properties are for sale, and the percentage of properties for sale in the zip code is 11.00%. The total count of 07054 properties is 6,447.
- Pre-ForeclosurePre-foreclosure homes account for 0.51% of all residential properties in 07054 with parsippany containing 33 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07054; of that cities, the estimated home value for pre-foreclosure homes ranges from $898,700 in parsippany to the lowest home value of $423,000 in parsippany.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07054 ranges from the highest value of $520,300 in parsippany to the lowest value of $520,300 in parsippany. Bank owned homes and properties account for 0.02% of properties in 07054. There is 1 cities within 07054; parsippany containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsparsippany has 4 auction properties, the highest number of properties going to auction in a single city in the state of 07054. Auction homes and other auction properties account for 0.06% of all properties in 07054. There is 1 cities within 07054; of that cities, the median estimated home value for homes going to auction ranges from $673,500 in parsippany to the lowest value of $550,200 in parsippany.
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Guide for 07054
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.
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