08840 Home Values & Market Trends

There are 16 homes currently listed for 08840. 08840 real estate market trends show that home prices range from $300,000 to $1,399,999, and the median sales price in the 08840 zip code is $560,400. The total number of properties sold within the past twelve months is 189. In 08840, 29 properties are in foreclosure, 1 are bank owned properties,and 2 are headed for auction.

08840 Real Estate Market Overview

CityMedian Est. Value
Metuchen

$ 560,400

$ 427/sqft

Housing Market Summary for 08840

Feb 2024January 2025Change
Median Listing Price$602K$579K-3.82%
Median Sold Price$567.3K$629.7K11.00%
Homes For Sale2613-50.00%
Homes Sold1051115.71%
Price
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Homes For Sale
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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 08840

The median list price of a home in Metuchen, is $560,400. A total of 16 properties are for sale, and the percentage of properties for sale in the zip code is 16.00%. The total count of 08840 properties is 185.

Foreclosure
There is 1 cities within 08840; within this cities, the median estimated home value for homes in foreclosure ranges from $868,900 in metuchen to the lowest value of $198,600 in metuchen. Foreclosure homes account for 15.00% of properties in 08840 with metuchen containing 29 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 14.05% of all residential properties in 08840 with metuchen containing 26 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 08840; of that cities, the estimated home value for pre-foreclosure homes ranges from $868,900 in metuchen to the lowest home value of $260,800 in metuchen.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 08840 ranges from the highest value of $198,600 in metuchen to the lowest value of $198,600 in metuchen. Bank owned homes and properties account for 0.54% of properties in 08840. There is 1 cities within 08840; metuchen containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    metuchen has 2 auction properties, the highest number of properties going to auction in a single city in the state of 08840. Auction homes and other auction properties account for 1.08% of all properties in 08840. There is 1 cities within 08840; of that cities, the median estimated home value for homes going to auction ranges from $675,200 in metuchen to the lowest value of $581,600 in metuchen.
Homes for Sale
Homes and properties that are actively listed for sale account for 8.65% of residential properties in 08840 with metuchen containing 16 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 08840; homes for sale in that cities, have a range of median values from $1,066,000 in metuchen to the lowest value of $350,800 in metuchen.
    Sold Homes
    The median value for recently sold homes ranges from $1,008,000 in metuchen to the lowest price of $332,800 in metuchen. There is 1 cities within 08840. metuchen has 111 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 60.00% of properties in 08840.

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      Guide for 08840

      Market Reports
      Newark Real Estate Market Report, March 2024
      Market Reports
      Jersey City Real Estate Thrives with Robust Demand and Strong Growth in February 2024
      California
      California Pre-Foreclosure Crisis Deepens with 34% Monthly Spike in September 2024
      Colorado
      Denver Pre-Foreclosures Rise by 19 Percent in August 2024
      See More Articles
      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024
      Jersey City Real Estate Thrives with Robust Demand and Strong Growth in February 2024
      Market Reports|posted 18 March 2024
      California Pre-Foreclosure Crisis Deepens with 34% Monthly Spike in September 2024
      California|posted 22 November 2024
      Denver Pre-Foreclosures Rise by 19 Percent in August 2024
      Colorado|posted 3 October 2024

      Recently Listed Homes 08840

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