08816 Home Values & Market Trends
There are 76 homes currently listed for 08816. 08816 real estate market trends show that home prices range from $228,000 to $1,375,000, and the median sales price in the 08816 zip code is $545,555.49. The total number of properties sold within the past twelve months is 537. In 08816, 121 properties are in foreclosure, 2 are bank owned properties,and 8 are headed for auction.
Housing Market Summary for 08816
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $525K | $513.1K | -2.26% |
| Median Sold Price | $449.2K | $513.1K | 14.23% |
| Homes For Sale | 65 | 76 | 16.92% |
| Homes Sold | 287 | 261 | -9.06% |
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 08816
Browse Homes in 08816
The median list price of a home in East Brunswick, is $545,555.49. A total of 76 properties are for sale, and the percentage of properties for sale in the zip code is 76.00%. The total count of 08816 properties is 15,847.
- Pre-ForeclosurePre-foreclosure homes account for 0.70% of all residential properties in 08816 with east brunswick containing 111 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 $970,000 in east brunswick to the lowest home value of $203,600 in east brunswick.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 08816 ranges from the highest value of $508,400 in east brunswick to the lowest value of $460,600 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.
- Auctionseast brunswick has 8 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 0.05% 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 $919,300 in east brunswick to the lowest value of $342,100 in east brunswick.
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More Real Estate Resources for 08816
Guide for 08816
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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