07848 Home Values & Market Trends
There are 34 homes currently listed for 07848. 07848 real estate market trends show that home prices range from $225,400 to $1,100,000, and the median sales price in the 07848 zip code is $557,597. The total number of properties sold within the past twelve months is 54. In 07848, 10 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.
07848 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Lafayette | $ 557,597 $ 263/sqft |
Housing Market Summary for 07848
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $662K | $450K | -32.02% |
| Median Sold Price | $522.1K | $398.4K | -23.69% |
| Homes For Sale | 19 | 34 | 78.95% |
| Homes Sold | 36 | 18 | -50.00% |
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 07848
Browse Homes in 07848
The median list price of a home in Lafayette, is $557,597. A total of 34 properties are for sale, and the percentage of properties for sale in the zip code is 34.00%. The total count of 07848 properties is 72.
- Pre-ForeclosurePre-foreclosure homes account for 11.11% of all residential properties in 07848 with lafayette containing 8 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07848; of that cities, the estimated home value for pre-foreclosure homes ranges from $999,900 in lafayette to the lowest home value of $261,247 in lafayette.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07848 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 07848. There is 1 cities within 07848; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionslafayette has 2 auction properties, the highest number of properties going to auction in a single city in the state of 07848. Auction homes and other auction properties account for 2.78% of all properties in 07848. There is 1 cities within 07848; of that cities, the median estimated home value for homes going to auction ranges from $766,184 in lafayette to the lowest value of $494,814 in lafayette.
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Guide for 07848
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.