07040 Home Values & Market Trends
There are 32 homes currently listed for 07040. 07040 real estate market trends show that home prices range from $250,000 to $1,895,000, and the median sales price in the 07040 zip code is $850,682.7. The total number of properties sold within the past twelve months is 286. In 07040, 59 properties are in foreclosure, 0 are bank owned properties,and 6 are headed for auction.
07040 Real Estate Market Overview
City | Median Est. Value |
---|---|
Maplewood | $ 1,011,500 $ 451/sqft |
Housing Market Summary for 07040
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $749.5K | $783.5K | 4.53% |
Median Sold Price | $665K | $783.5K | 17.81% |
Homes For Sale | 32 | 26 | -18.75% |
Homes Sold | 119 | 126 | 5.88% |
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 07040
Browse Homes in 07040
The median list price of a home in Maplewood, is $850,682.7. A total of 32 properties are for sale, and the percentage of properties for sale in the zip code is 32.00%. The total count of 07040 properties is 6,975.
- Pre-ForeclosurePre-foreclosure homes account for 0.76% of all residential properties in 07040 with maplewood containing 53 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07040; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,288,000 in maplewood to the lowest home value of $244,500 in maplewood.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07040 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 07040. There is 1 cities within 07040; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmaplewood has 6 auction properties, the highest number of properties going to auction in a single city in the state of 07040. Auction homes and other auction properties account for 0.09% of all properties in 07040. There is 1 cities within 07040; of that cities, the median estimated home value for homes going to auction ranges from $886,800 in maplewood to the lowest value of $470,600 in maplewood.
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More Real Estate Resources for 07040
Guide for 07040
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.
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.