Great Meadows, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 50 transactions over the past year in Great Meadows. The median value for residential home transactions that occurred over the previous year is $459,900. The number of current listings in Great Meadows is 41, and the percentage of properties for sale in the city is 41.00%. Great Meadows, NJ currently has 26 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 41 properties for sale.
Great Meadows, NJ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 07838 | $ 459,900 $ 269/sqft |
Housing Market Summary for Great Meadows, NJ
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $557.5K | $459.9K | -17.50% |
| Median Sold Price | $519.7K | $418.5K | -19.47% |
| Homes For Sale | 35 | 39 | 11.43% |
| Homes Sold | 28 | 19 | -32.14% |
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 Great Meadows, NJ
Browse Homes in Great Meadows, NJ
Great Meadows home values range from $203,007 to $908,610. The median estimated value of a home in Great Meadows is $459,900. The median list price of a home is 454,950, and the total count of properties in the city is 109.
- Pre-ForeclosurePre-foreclosure homes account for 21.10% of all residential properties in Great Meadows, NJ with 07838 containing 23 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Great Meadows, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $654,882 in 07838 to the lowest home value of $206,144 in 07838.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Great Meadows, NJ ranges from the highest value of $265,700 in 07838 to the lowest value of $265,700 in 07838. Bank owned homes and properties account for 0.92% of properties in Great Meadows, NJ. There is 1 zips within Great Meadows, NJ; 07838 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07838 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Great Meadows, NJ. Auction homes and other auction properties account for 1.83% of all properties in Great Meadows, NJ. There is 1 zips within Great Meadows, NJ; of that zips, the median estimated home value for homes going to auction ranges from $486,697 in 07838 to the lowest value of $251,246 in 07838.
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Guide for Great Meadows, 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.
