Rockaway, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 290 transactions over the past year in Rockaway. The median value for residential home transactions that occurred over the previous year is $491,853.01. The number of current listings in Rockaway is 23, and the percentage of properties for sale in the city is 23.00%. Rockaway, NJ currently has 65 properties in foreclosure, 0 bank owned properties, 4 properties headed for auction, and 23 properties for sale.
Rockaway, NJ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 07866 | $ 525,000 $ 291/sqft |
Housing Market Summary for Rockaway, NJ
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $445K | $470.5K | 5.73% |
| Median Sold Price | $425K | $470.5K | 10.71% |
| Homes For Sale | 25 | 21 | -16.00% |
| Homes Sold | 165 | 144 | -12.73% |
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 Rockaway, NJ
Browse Homes in Rockaway, NJ
Rockaway home values range from $216,100 to $1,676,000. The median estimated value of a home in Rockaway is $491,853.01. The median list price of a home is 519,000, and the total count of properties in the city is 7,876.
- Pre-ForeclosurePre-foreclosure homes account for 0.77% of all residential properties in Rockaway, NJ with 07866 containing 61 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Rockaway, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,213,000 in 07866 to the lowest home value of $353,700 in 07866.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Rockaway, 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 Rockaway, NJ. There is 1 zips within Rockaway, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07866 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Rockaway, NJ. Auction homes and other auction properties account for 0.05% of all properties in Rockaway, NJ. There is 1 zips within Rockaway, NJ; of that zips, the median estimated home value for homes going to auction ranges from $634,800 in 07866 to the lowest value of $361,000 in 07866.
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Guide for Rockaway, NJ
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