Watchung, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 79 transactions over the past year in Watchung. The median value for residential home transactions that occurred over the previous year is $1,200,000. The number of current listings in Watchung is 87, and the percentage of properties for sale in the city is 87.00%. Watchung, NJ currently has 22 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 87 properties for sale.
Watchung, NJ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 07069 | $ 1,200,000 $ 391/sqft |
Housing Market Summary for Watchung, NJ
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $1.1M | $1.2M | 6.64% |
| Median Sold Price | $1.1M | $916.3K | -18.23% |
| Homes For Sale | 40 | 85 | 112.50% |
| Homes Sold | 29 | 20 | -31.03% |
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 Watchung, NJ
Browse Homes in Watchung, NJ
Watchung home values range from $244,026 to $3,745,000. The median estimated value of a home in Watchung is $1,200,000. The median list price of a home is 999,000, and the total count of properties in the city is 154.
- Pre-ForeclosurePre-foreclosure homes account for 13.64% of all residential properties in Watchung, NJ with 07069 containing 21 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Watchung, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,777,184 in 07069 to the lowest home value of $604,951 in 07069.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Watchung, NJ 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 Watchung, NJ. There is 1 zips within Watchung, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07069 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Watchung, NJ. Auction homes and other auction properties account for 0.65% of all properties in Watchung, NJ. There is 1 zips within Watchung, NJ; of that zips, the median estimated home value for homes going to auction ranges from $621,277 in 07069 to the lowest value of $621,277 in 07069.
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Guide for Watchung, NJ
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.
