Richland, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 7 transactions over the past year in Richland. The median value for residential home transactions that occurred over the previous year is $297,200. The number of current listings in Richland is 2, and the percentage of properties for sale in the city is 2.00%. Richland, NJ currently has 9 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 2 properties for sale.
Richland, NJ Real Estate Market Overview
Zip | Median Est. Value |
---|---|
08350 | $ 329,950 $ 174/sqft |
Housing Market Summary for Richland, NJ
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $143K | $283.6K | 98.29% |
Median Sold Price | $311.7K | $283.6K | -9.02% |
Homes For Sale | 1 | 2 | 100.00% |
Homes Sold | 10 | 4 | -60.00% |
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 Richland, NJ
Browse Homes in Richland, NJ
Richland home values range from $79,740 to $872,400. The median estimated value of a home in Richland is $297,200. The median list price of a home is 342,450, and the total count of properties in the city is 235.
- Pre-ForeclosurePre-foreclosure homes account for 3.83% of all residential properties in Richland, NJ with 08350 containing 9 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Richland, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $394,700 in 08350 to the lowest home value of $236,700 in 08350.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Richland, 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 Richland, NJ. There is 1 zips within Richland, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Richland, NJ. Auction homes and other auction properties account for 0% of all properties in Richland, NJ. There is 1 zips within Richland, NJ; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Richland, NJ
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