07931 Home Values & Market Trends
There are 36 homes currently listed for 07931. 07931 real estate market trends show that home prices range from $549,000 to $4,499,000, and the median sales price in the 07931 zip code is $1,489,113. The total number of properties sold within the past twelve months is 42. In 07931, 5 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.
Housing Market Summary for 07931
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $2M | $1.6M | -22.69% |
| Median Sold Price | $995.4K | $1.5M | 46.77% |
| Homes For Sale | 23 | 36 | 56.52% |
| Homes Sold | 26 | 22 | -15.38% |
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 07931
Browse Homes in 07931
The median list price of a home in Far Hills, is $1,489,113. A total of 36 properties are for sale, and the percentage of properties for sale in the zip code is 36.00%. The total count of 07931 properties is 68.
- Pre-ForeclosurePre-foreclosure homes account for 5.88% of all residential properties in 07931 with far hills containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07931; of that cities, the estimated home value for pre-foreclosure homes ranges from $2,683,939 in far hills to the lowest home value of $792,232 in far hills.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07931 ranges from the highest value of $204,217 in far hills to the lowest value of $204,217 in far hills. Bank owned homes and properties account for 1.47% of properties in 07931. There is 1 cities within 07931; far hills containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 07931. Auction homes and other auction properties account for 0% of all properties in 07931. There is 1 cities within 07931; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for 07931
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.