North Arlington, NJ Home Values & Market Trends

Real estate market trends reflect that there have been 92 transactions over the past year in North Arlington. The median value for residential home transactions that occurred over the previous year is $566,280.83. The number of current listings in North Arlington is 6, and the percentage of properties for sale in the city is 6.00%. North Arlington, NJ currently has 33 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 6 properties for sale.

North Arlington, NJ Real Estate Market Overview

ZipMedian Est. Value
07031

$ 591,200

$ 323/sqft

Housing Market Summary for North Arlington, NJ

Apr 2023March 2024Change
Median Listing Price$544K$574.2K5.55%
Median Sold Price$482.5K$574.2K19.01%
Homes For Sale64-33.33%
Homes Sold8843-51.14%
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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 North Arlington, NJ

North Arlington home values range from $240,800 to $1,887,000. The median estimated value of a home in North Arlington is $566,280.83. The median list price of a home is 624,500, and the total count of properties in the city is 3,466.

Foreclosure
There is 1 zips within North Arlington, NJ; within this zips, the median estimated home value for homes in foreclosure ranges from $1,151,000 in 07031 to the lowest value of $435,500 in 07031. Foreclosure homes account for 0.00% of properties in North Arlington, NJ with 07031 containing 34 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.89% of all residential properties in North Arlington, NJ with 07031 containing 31 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within North Arlington, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,151,000 in 07031 to the lowest home value of $435,500 in 07031.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in North Arlington, 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 North Arlington, NJ. There is 1 zips within North Arlington, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    07031 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of North Arlington, NJ. Auction homes and other auction properties account for 0.06% of all properties in North Arlington, NJ. There is 1 zips within North Arlington, NJ; of that zips, the median estimated home value for homes going to auction ranges from $1,097,000 in 07031 to the lowest value of $520,700 in 07031.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.17% of residential properties in North Arlington, NJ with 07031 containing 8 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within North Arlington, NJ; homes for sale in that zips, have a range of median values from $668,900 in 07031 to the lowest value of $512,100 in 07031.
    Sold Homes
    The median value for recently sold homes ranges from $1,393,000 in 07031 to the lowest price of $240,800 in 07031. There is 1 zips within North Arlington, NJ. 07031 has 50 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.33% of properties in North Arlington, NJ.

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      Guide for North Arlington, 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 North Arlington, NJ

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