Basking Ridge, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 323 transactions over the past year in Basking Ridge. The median value for residential home transactions that occurred over the previous year is $896,062. The number of current listings in Basking Ridge is 288, and the percentage of properties for sale in the city is 288.00%. Basking Ridge, NJ currently has 36 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 288 properties for sale.
Basking Ridge, NJ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 07920 | $ 896,062 $ 430/sqft |
Housing Market Summary for Basking Ridge, NJ
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $867K | $875K | 0.92% |
| Median Sold Price | $872.4K | $695.6K | -20.27% |
| Homes For Sale | 121 | 270 | 123.14% |
| Homes Sold | 197 | 83 | -57.87% |
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 Basking Ridge, NJ
Browse Homes in Basking Ridge, NJ
Basking Ridge home values range from $98,783 to $4,350,000. The median estimated value of a home in Basking Ridge is $896,062. The median list price of a home is 850,000, and the total count of properties in the city is 447.
- Pre-ForeclosurePre-foreclosure homes account for 7.61% of all residential properties in Basking Ridge, NJ with 07920 containing 34 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Basking Ridge, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $2,003,608 in 07920 to the lowest home value of $141,316 in 07920.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Basking Ridge, NJ ranges from the highest value of $1,300,977 in 07920 to the lowest value of $1,300,977 in 07920. Bank owned homes and properties account for 0.22% of properties in Basking Ridge, NJ. There is 1 zips within Basking Ridge, NJ; 07920 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07920 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Basking Ridge, NJ. Auction homes and other auction properties account for 0.22% of all properties in Basking Ridge, NJ. There is 1 zips within Basking Ridge, NJ; of that zips, the median estimated home value for homes going to auction ranges from $873,442 in 07920 to the lowest value of $873,442 in 07920.
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Guide for Basking Ridge, NJ
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 […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
