07438 Home Values & Market Trends
There are 18 homes currently listed for 07438. 07438 real estate market trends show that home prices range from $169,900 to $699,900, and the median sales price in the 07438 zip code is $470,510.16. The total number of properties sold within the past twelve months is 143. In 07438, 43 properties are in foreclosure, 1 are bank owned properties,and 5 are headed for auction.
Housing Market Summary for 07438
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $442K | $400.8K | -9.32% |
Median Sold Price | $411K | $400.8K | -2.48% |
Homes For Sale | 12 | 16 | 33.33% |
Homes Sold | 76 | 78 | 2.63% |
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 07438
Browse Homes in 07438
The median list price of a home in Oak Ridge, is $470,510.16. A total of 18 properties are for sale, and the percentage of properties for sale in the zip code is 18.00%. The total count of 07438 properties is 3,909.
- Pre-ForeclosurePre-foreclosure homes account for 0.95% of all residential properties in 07438 with oak ridge containing 37 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07438; of that cities, the estimated home value for pre-foreclosure homes ranges from $846,600 in oak ridge to the lowest home value of $240,600 in oak ridge.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07438 ranges from the highest value of $441,400 in oak ridge to the lowest value of $441,400 in oak ridge. Bank owned homes and properties account for 0.03% of properties in 07438. There is 1 cities within 07438; oak ridge containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsoak ridge has 5 auction properties, the highest number of properties going to auction in a single city in the state of 07438. Auction homes and other auction properties account for 0.13% of all properties in 07438. There is 1 cities within 07438; of that cities, the median estimated home value for homes going to auction ranges from $765,100 in oak ridge to the lowest value of $421,200 in oak ridge.
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Guide for 07438
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.
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.