08723 Home Values & Market Trends
There are 122 homes currently listed for 08723. 08723 real estate market trends show that home prices range from $230,000 to $3,399,000, and the median sales price in the 08723 zip code is $434,987.47. The total number of properties sold within the past twelve months is 526. In 08723, 125 properties are in foreclosure, 2 are bank owned properties,and 11 are headed for auction.
08723 Real Estate Market Overview
City | Median Est. Value |
---|---|
Brick | $ 443,500 $ 296/sqft |
Housing Market Summary for 08723
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $430K | $416.5K | -3.14% |
Median Sold Price | $385K | $416.5K | 8.18% |
Homes For Sale | 129 | 115 | -10.85% |
Homes Sold | 293 | 253 | -13.65% |
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 08723
Browse Homes in 08723
The median list price of a home in Brick, is $434,987.47. A total of 122 properties are for sale, and the percentage of properties for sale in the zip code is 122.00%. The total count of 08723 properties is 12,583.
- Pre-ForeclosurePre-foreclosure homes account for 0.89% of all residential properties in 08723 with brick containing 257 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 08723; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,499,999 in brick to the lowest home value of $179,800 in brick.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 08723 ranges from the highest value of $570,500 in brick to the lowest value of $399,900 in brick. Bank owned homes and properties account for 0.02% of properties in 08723. There is 1 cities within 08723; brick containing 4 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsbrick has 20 auction properties, the highest number of properties going to auction in a single city in the state of 08723. Auction homes and other auction properties account for 0.09% of all properties in 08723. There is 1 cities within 08723; of that cities, the median estimated home value for homes going to auction ranges from $581,000 in brick to the lowest value of $237,000 in brick.
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Guide for 08723
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.
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.