07027 Home Values & Market Trends

There are 44 homes currently listed for 07027. 07027 real estate market trends show that home prices range from $475,000 to $899,900, and the median sales price in the 07027 zip code is $693,826. The total number of properties sold within the past twelve months is 62. In 07027, 8 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

07027 Real Estate Market Overview

CityMedian Est. Value
Garwood

$ 693,826

$ 410/sqft

Housing Market Summary for 07027

Sep 2025September 2026Change
Median Listing Price$699.9K$699.9K-
Median Sold Price$751.2K$690.3K-8.10%
Homes For Sale244066.67%
Homes Sold2519-24.00%
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 07027

The median list price of a home in Garwood, is $693,826. A total of 44 properties are for sale, and the percentage of properties for sale in the zip code is 44.00%. The total count of 07027 properties is 83.

Foreclosure
There is 1 cities within 07027; within this cities, the median estimated home value for homes in foreclosure ranges from $719,028 in garwood to the lowest value of $584,027 in garwood. Foreclosure homes account for 9.00% of properties in 07027 with garwood containing 8 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 8.43% of all residential properties in 07027 with garwood containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07027; of that cities, the estimated home value for pre-foreclosure homes ranges from $719,028 in garwood to the lowest home value of $584,027 in garwood.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 07027 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 07027. There is 1 cities within 07027; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    garwood has 1 auction properties, the highest number of properties going to auction in a single city in the state of 07027. Auction homes and other auction properties account for 1.20% of all properties in 07027. There is 1 cities within 07027; of that cities, the median estimated home value for homes going to auction ranges from $670,858 in garwood to the lowest value of $670,858 in garwood.
Homes for Sale
Homes and properties that are actively listed for sale account for 53.01% of residential properties in 07027 with garwood containing 44 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 07027; homes for sale in that cities, have a range of median values from $1,149,000 in garwood to the lowest value of $475,000 in garwood.
    Sold Homes
    The median value for recently sold homes ranges from $1,199,000 in garwood to the lowest price of $584,605 in garwood. There is 1 cities within 07027. garwood has 23 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 27.71% of properties in 07027.

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      Guide for 07027

      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.