Basking Ridge, NJ Home Values & Market Trends

Real estate market trends reflect that there have been 364 transactions over the past year in Basking Ridge. The median value for residential home transactions that occurred over the previous year is $788,586.39. The number of current listings in Basking Ridge is 22, and the percentage of properties for sale in the city is 22.00%. Basking Ridge, NJ currently has 4 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 22 properties for sale.

Basking Ridge, NJ Real Estate Market Overview

ZipMedian Est. Value
07920

$ 700,300

$ 337/sqft

Housing Market Summary for Basking Ridge, NJ

Mar 2023February 2024Change
Median Listing Price$899K$729.7K-18.83%
Median Sold Price$640K$729.7K14.02%
Homes For Sale23258.70%
Homes Sold1771907.34%
Price
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Homes For Sale
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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%.

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Browse Homes in Basking Ridge, NJ

Basking Ridge home values range from $193,700 to $1,686,000. The median estimated value of a home in Basking Ridge is $788,586.39. The median list price of a home is 749,999.5, and the total count of properties in the city is 9,807.

Foreclosure
There is 1 zips within Basking Ridge, NJ; within this zips, the median estimated home value for homes in foreclosure ranges from $913,200 in 07920 to the lowest value of $489,300 in 07920. Foreclosure homes account for 0.00% of properties in Basking Ridge, NJ with 07920 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.01% of all residential properties in Basking Ridge, NJ with 07920 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Basking Ridge, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $489,300 in 07920 to the lowest home value of $489,300 in 07920.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Basking Ridge, NJ ranges from the highest value of $692,600 in 07920 to the lowest value of $692,600 in 07920. Bank owned homes and properties account for 0.01% of properties in Basking Ridge, NJ. There is 1 zips within Basking Ridge, NJ; 07920 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    07920 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Basking Ridge, NJ. Auction homes and other auction properties account for 0.02% of all properties in Basking Ridge, NJ. There is 1 zips within Basking Ridge, NJ; of that zips, the median estimated home value for homes going to auction ranges from $913,200 in 07920 to the lowest value of $571,800 in 07920.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.22% of residential properties in Basking Ridge, NJ with 07920 containing 22 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Basking Ridge, NJ; homes for sale in that zips, have a range of median values from $1,533,000 in 07920 to the lowest value of $288,700 in 07920.
    Sold Homes
    The median value for recently sold homes ranges from $1,699,000 in 07920 to the lowest price of $202,900 in 07920. There is 1 zips within Basking Ridge, NJ. 07920 has 174 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.77% of properties in Basking Ridge, NJ.

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      Guide for Basking Ridge, NJ

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      Recently Listed Homes Basking Ridge, NJ

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