07050 Home Values & Market Trends
There are 34 homes currently listed for 07050. 07050 real estate market trends show that home prices range from $144,900 to $689,900, and the median sales price in the 07050 zip code is $450,060.95. The total number of properties sold within the past twelve months is 253. In 07050, 124 properties are in foreclosure, 1 are bank owned properties,and 13 are headed for auction.
07050 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Orange | $ 449,450 $ 230/sqft |
Housing Market Summary for 07050
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $445.8K | $494.6K | 10.96% |
| Median Sold Price | $399K | $494.6K | 23.96% |
| Homes For Sale | 28 | 28 | - |
| Homes Sold | 122 | 121 | -0.82% |
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 07050
Browse Homes in 07050
The median list price of a home in Orange, is $450,060.95. A total of 34 properties are for sale, and the percentage of properties for sale in the zip code is 34.00%. The total count of 07050 properties is 4,020.
- Pre-ForeclosurePre-foreclosure homes account for 2.74% of all residential properties in 07050 with orange containing 110 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07050; of that cities, the estimated home value for pre-foreclosure homes ranges from $795,000 in orange to the lowest home value of $200,900 in orange.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07050 ranges from the highest value of $428,900 in orange to the lowest value of $428,900 in orange. Bank owned homes and properties account for 0.02% of properties in 07050. There is 1 cities within 07050; orange containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsorange has 13 auction properties, the highest number of properties going to auction in a single city in the state of 07050. Auction homes and other auction properties account for 0.32% of all properties in 07050. There is 1 cities within 07050; of that cities, the median estimated home value for homes going to auction ranges from $1,662,000 in orange to the lowest value of $359,500 in orange.
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Guide for 07050
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.
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.
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