07001 Home Values & Market Trends

There are 123 homes currently listed for 07001. 07001 real estate market trends show that home prices range from $299,000 to $1,075,000, and the median sales price in the 07001 zip code is $525,092. The total number of properties sold within the past twelve months is 81. In 07001, 39 properties are in foreclosure, 1 are bank owned properties,and 3 are headed for auction.

07001 Real Estate Market Overview

CityMedian Est. Value
Avenel

$ 525,092

$ 440/sqft

Housing Market Summary for 07001

Sep 2025September 2026Change
Median Listing Price$479.9K$480K0.02%
Median Sold Price$515.1K$506.2K-1.73%
Homes For Sale7912051.90%
Homes Sold3117-45.16%
Price
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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 07001

The median list price of a home in Avenel, is $525,092. A total of 123 properties are for sale, and the percentage of properties for sale in the zip code is 123.00%. The total count of 07001 properties is 217.

Foreclosure
There is 1 cities within 07001; within this cities, the median estimated home value for homes in foreclosure ranges from $962,225 in avenel to the lowest value of $319,900 in avenel. Foreclosure homes account for 17.00% of properties in 07001 with avenel containing 39 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 16.13% of all residential properties in 07001 with avenel containing 35 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07001; of that cities, the estimated home value for pre-foreclosure homes ranges from $962,225 in avenel to the lowest home value of $376,848 in avenel.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 07001 ranges from the highest value of $319,900 in avenel to the lowest value of $319,900 in avenel. Bank owned homes and properties account for 0.46% of properties in 07001. There is 1 cities within 07001; avenel containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    avenel has 3 auction properties, the highest number of properties going to auction in a single city in the state of 07001. Auction homes and other auction properties account for 1.38% of all properties in 07001. There is 1 cities within 07001; of that cities, the median estimated home value for homes going to auction ranges from $783,646 in avenel to the lowest value of $480,928 in avenel.
Homes for Sale
Homes and properties that are actively listed for sale account for 56.68% of residential properties in 07001 with avenel containing 123 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 07001; homes for sale in that cities, have a range of median values from $962,225 in avenel to the lowest value of $299,000 in avenel.
    Sold Homes
    The median value for recently sold homes ranges from $733,293 in avenel to the lowest price of $279,657 in avenel. There is 1 cities within 07001. avenel has 16 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 7.37% of properties in 07001.

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      Guide for 07001

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.