07701 Home Values & Market Trends
There are 410 homes currently listed for 07701. 07701 real estate market trends show that home prices range from $206,626 to $11,500,000, and the median sales price in the 07701 zip code is $729,432. The total number of properties sold within the past twelve months is 372. In 07701, 41 properties are in foreclosure, 0 are bank owned properties,and 3 are headed for auction.
Housing Market Summary for 07701
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $679K | $699.7K | 3.05% |
| Median Sold Price | $613.4K | $716.8K | 16.85% |
| Homes For Sale | 275 | 402 | 46.18% |
| Homes Sold | 131 | 85 | -35.11% |
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 07701
Browse Homes in 07701
The median list price of a home in Red Bank, is $729,432. A total of 410 properties are for sale, and the percentage of properties for sale in the zip code is 410.00%. The total count of 07701 properties is 578.
- Pre-ForeclosurePre-foreclosure homes account for 6.57% of all residential properties in 07701 with red bank containing 38 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07701; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,080,997 in red bank to the lowest home value of $268,928 in red bank.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07701 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 07701. There is 1 cities within 07701; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsred bank has 3 auction properties, the highest number of properties going to auction in a single city in the state of 07701. Auction homes and other auction properties account for 0.52% of all properties in 07701. There is 1 cities within 07701; of that cities, the median estimated home value for homes going to auction ranges from $1,238,868 in red bank to the lowest value of $312,033 in red bank.
Compare Nearby Zip Codes
More Real Estate Resources for 07701
Guide for 07701
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.
