07462 Home Values & Market Trends

There are 42 homes currently listed for 07462. 07462 real estate market trends show that home prices range from $2,700 to $799,999, and the median sales price in the 07462 zip code is $250,053.29. The total number of properties sold within the past twelve months is 249. In 07462, 68 properties are in foreclosure, 1 are bank owned properties,and 7 are headed for auction.

07462 Real Estate Market Overview

CityMedian Est. Value
Vernon

$ 245,500

$ 234/sqft

Housing Market Summary for 07462

Apr 2023March 2024Change
Median Listing Price$217.5K$248.9K14.44%
Median Sold Price$219.3K$248.9K13.50%
Homes For Sale263638.46%
Homes Sold153111-27.45%
Price
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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 07462

The median list price of a home in Vernon, is $250,053.29. A total of 42 properties are for sale, and the percentage of properties for sale in the zip code is 42.00%. The total count of 07462 properties is 4,092.

Foreclosure
There is 1 cities within 07462; within this cities, the median estimated home value for homes in foreclosure ranges from $686,500 in vernon to the lowest value of $168,600 in vernon. Foreclosure homes account for 1.00% of properties in 07462 with vernon containing 68 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.47% of all residential properties in 07462 with vernon containing 60 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07462; of that cities, the estimated home value for pre-foreclosure homes ranges from $686,500 in vernon to the lowest home value of $168,600 in vernon.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 07462 ranges from the highest value of $247,500 in vernon to the lowest value of $247,500 in vernon. Bank owned homes and properties account for 0.02% of properties in 07462. There is 1 cities within 07462; vernon containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    vernon has 7 auction properties, the highest number of properties going to auction in a single city in the state of 07462. Auction homes and other auction properties account for 0.17% of all properties in 07462. There is 1 cities within 07462; of that cities, the median estimated home value for homes going to auction ranges from $456,400 in vernon to the lowest value of $240,300 in vernon.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.03% of residential properties in 07462 with vernon containing 42 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 07462; homes for sale in that cities, have a range of median values from $724,600 in vernon to the lowest value of $142,000 in vernon.
    Sold Homes
    The median value for recently sold homes ranges from $852,000 in vernon to the lowest price of $112,200 in vernon. There is 1 cities within 07462. vernon has 123 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.01% of properties in 07462.

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      Guide for 07462

      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
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Pennsylvania
      Las Vegas Market Report – April 2024
      See More Articles
      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      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.

      Jersey City Real Estate Thrives with Robust Demand and Strong Growth in February 2024
      Market Reports|posted 18 March 2024

      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.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Las Vegas Market Report – April 2024
      Pennsylvania|posted 25 April 2024

      A comprehensive look at the current real estate trends in Las Vegas and surrounding areas, highlighting the fluctuation in property prices, inventory and sales.