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 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $492K | $542.3K | 10.22% |
Median Sold Price | $444.9K | $542.3K | 21.88% |
Homes For Sale | 46 | 64 | 39.13% |
Homes Sold | 331 | 302 | -8.76% |
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
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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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- Auctionseast 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.
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Guide for 08816
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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