08816 Home Values & Market Trends

There are 79 homes currently listed for 08816. 08816 real estate market trends show that home prices range from $96,259 to $1,375,000, and the median sales price in the 08816 zip code is $546,672.79. The total number of properties sold within the past twelve months is 556. In 08816, 123 properties are in foreclosure, 2 are bank owned properties,and 9 are headed for auction.

Housing Market Summary for 08816

Mar 2023February 2024Change
Median Listing Price$492K$542.3K10.22%
Median Sold Price$444.9K$542.3K21.88%
Homes For Sale466439.13%
Homes Sold331302-8.76%
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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 08816

The median list price of a home in East Brunswick, is $546,672.79. A total of 79 properties are for sale, and the percentage of properties for sale in the zip code is 79.00%. The total count of 08816 properties is 15,846.

Foreclosure
There is 1 cities within 08816; within this cities, the median estimated home value for homes in foreclosure ranges from $972,300 in east brunswick to the lowest value of $191,600 in east brunswick. Foreclosure homes account for 0.00% of properties in 08816 with east brunswick containing 123 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.71% of all residential properties in 08816 with east brunswick containing 112 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 08816; of that cities, the estimated home value for pre-foreclosure homes ranges from $972,300 in east brunswick to the lowest home value of $191,600 in east brunswick.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 08816 ranges from the highest value of $552,000 in east brunswick to the lowest value of $457,200 in east brunswick. Bank owned homes and properties account for 0.01% of properties in 08816. There is 1 cities within 08816; east brunswick containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    east brunswick has 9 auction properties, the highest number of properties going to auction in a single city in the state of 08816. Auction homes and other auction properties account for 0.06% of all properties in 08816. There is 1 cities within 08816; of that cities, the median estimated home value for homes going to auction ranges from $949,800 in east brunswick to the lowest value of $340,500 in east brunswick.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.50% of residential properties in 08816 with east brunswick containing 79 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 08816; homes for sale in that cities, have a range of median values from $879,800 in east brunswick to the lowest value of $190,100 in east brunswick.
    Sold Homes
    The median value for recently sold homes ranges from $991,000 in east brunswick to the lowest price of $178,800 in east brunswick. There is 1 cities within 08816. east brunswick has 273 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.72% of properties in 08816.

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      Guide for 08816

      Market Reports
      Jersey City Real Estate Thrives with Robust Demand and Strong Growth in February 2024
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Home Buying Guides & Tips
      How Do You Buy a House if You’re Broke?
      See More Articles
      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 Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      How Do You Buy a House if You’re Broke?
      Home Buying Guides & Tips|posted 20 March 2024

      What can you do when you want to buy a house when you’re strapped for cash?