Elizabeth, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 438 transactions over the past year in Elizabeth. The median value for residential home transactions that occurred over the previous year is $625,000. The number of current listings in Elizabeth is 182, and the percentage of properties for sale in the city is 182.00%. Elizabeth, NJ currently has 151 properties in foreclosure, 0 bank owned properties, 11 properties headed for auction, and 182 properties for sale.
Elizabeth, NJ Real Estate Market Overview
Housing Market Summary for Elizabeth, NJ
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $575K | $560K | -2.61% |
| Median Sold Price | $665.4K | $652.9K | -1.88% |
| Homes For Sale | 175 | 182 | 4.00% |
| Homes Sold | 294 | 246 | -16.33% |
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 Elizabeth, NJ
Browse Homes in Elizabeth, NJ
Elizabeth home values range from $125,000 to $1,281,098. The median estimated value of a home in Elizabeth is $625,000. The median list price of a home is 560,000, and the total count of properties in the city is 730.
- Pre-ForeclosurePre-foreclosure homes account for 19.18% of all residential properties in Elizabeth, NJ with 07201 containing 50 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Elizabeth, NJ; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,036,420 in 07202 to the lowest home value of $125,000 in 07208.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Elizabeth, NJ 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 Elizabeth, NJ. There are 3 zips within Elizabeth, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07208 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Elizabeth, NJ. Auction homes and other auction properties account for 1.51% of all properties in Elizabeth, NJ. There are 3 zips within Elizabeth, NJ; of those zips, the median estimated home value for homes going to auction ranges from $800,000 in 07202 to the lowest value of $516,224 in 07202.
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Guide for Elizabeth, 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.
