Highland Park, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 140 transactions over the past year in Highland Park. The median value for residential home transactions that occurred over the previous year is $498,365.88. The number of current listings in Highland Park is 19, and the percentage of properties for sale in the city is 19.00%. Highland Park, NJ currently has 18 properties in foreclosure, 2 bank owned properties, 2 properties headed for auction, and 19 properties for sale.
Highland Park, NJ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 08904 | $ 432,900 $ 273/sqft |
Housing Market Summary for Highland Park, NJ
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $532.5K | $490.3K | -7.92% |
| Median Sold Price | $448K | $490.3K | 9.44% |
| Homes For Sale | 10 | 15 | 50.00% |
| Homes Sold | 72 | 54 | -25.00% |
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 Highland Park, NJ
Browse Homes in Highland Park, NJ
Highland Park home values range from $184,300 to $1,012,000. The median estimated value of a home in Highland Park is $498,365.88. The median list price of a home is 430,000, and the total count of properties in the city is 3,183.
- Pre-ForeclosurePre-foreclosure homes account for 0.44% of all residential properties in Highland Park, NJ with 08904 containing 14 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Highland Park, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $640,300 in 08904 to the lowest home value of $374,300 in 08904.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Highland Park, NJ ranges from the highest value of $643,000 in 08904 to the lowest value of $394,700 in 08904. Bank owned homes and properties account for 0.06% of properties in Highland Park, NJ. There is 1 zips within Highland Park, NJ; 08904 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions08904 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Highland Park, NJ. Auction homes and other auction properties account for 0.06% of all properties in Highland Park, NJ. There is 1 zips within Highland Park, NJ; of that zips, the median estimated home value for homes going to auction ranges from $373,200 in 08904 to the lowest value of $351,000 in 08904.
Compare Nearby Cities
More Real Estate Resources for Highland Park, NJ
Guide for Highland Park, NJ
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.
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.
