Leonia, NJ Home Values & Market Trends

Real estate market trends reflect that there have been 62 transactions over the past year in Leonia. The median value for residential home transactions that occurred over the previous year is $730,689.09. The number of current listings in Leonia is 4, and the percentage of properties for sale in the city is 4.00%. Leonia, NJ currently has 17 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 4 properties for sale.

Leonia, NJ Real Estate Market Overview

ZipMedian Est. Value
07605

$ 707,850

$ 398/sqft

Housing Market Summary for Leonia, NJ

Apr 2023March 2024Change
Median Listing Price$1.5M$747.8K-51.72%
Median Sold Price$628.5K$747.8K18.98%
Homes For Sale2350.00%
Homes Sold5244-15.38%
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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 Leonia, NJ

Leonia home values range from $236,100 to $1,901,000. The median estimated value of a home in Leonia is $730,689.09. The median list price of a home is 705,000, and the total count of properties in the city is 2,398.

Foreclosure
There is 1 zips within Leonia, NJ; within this zips, the median estimated home value for homes in foreclosure ranges from $1,236,000 in 07605 to the lowest value of $368,700 in 07605. Foreclosure homes account for 0.00% of properties in Leonia, NJ with 07605 containing 17 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.58% of all residential properties in Leonia, NJ with 07605 containing 14 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Leonia, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,217,000 in 07605 to the lowest home value of $570,000 in 07605.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Leonia, 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 Leonia, NJ. There is 1 zips within Leonia, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    07605 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Leonia, NJ. Auction homes and other auction properties account for 0.13% of all properties in Leonia, NJ. There is 1 zips within Leonia, NJ; of that zips, the median estimated home value for homes going to auction ranges from $1,236,000 in 07605 to the lowest value of $368,700 in 07605.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.17% of residential properties in Leonia, NJ with 07605 containing 4 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Leonia, NJ; homes for sale in that zips, have a range of median values from $867,900 in 07605 to the lowest value of $569,200 in 07605.
    Sold Homes
    The median value for recently sold homes ranges from $1,104,000 in 07605 to the lowest price of $240,200 in 07605. There is 1 zips within Leonia, NJ. 07605 has 41 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.71% of properties in Leonia, NJ.

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      Guide for Leonia, NJ

      Market Reports
      Newark Real Estate Market Report, March 2024
      Market Reports
      Jersey City Real Estate Thrives with Robust Demand and Strong Growth in February 2024
      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      See More Articles
      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      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.

      Jersey City Real Estate Thrives with Robust Demand and Strong Growth in February 2024
      Market Reports|posted 18 March 2024

      The Jersey City real estate market continues to show robust growth with prices rising to an average of $595,000 per property and $394 per square foot in February 2024.

      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Financing|posted 23 April 2024

      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Recently Listed Homes Leonia, NJ

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