Brick, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 1,275 transactions over the past year in Brick. The median value for residential home transactions that occurred over the previous year is $440,251.22. The number of current listings in Brick is 244, and the percentage of properties for sale in the city is 244.00%. Brick, NJ currently has 281 properties in foreclosure, 4 bank owned properties, 18 properties headed for auction, and 244 properties for sale.
Brick, NJ Real Estate Market Overview
Housing Market Summary for Brick, NJ
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $428.7K | $402.3K | -6.14% |
| Median Sold Price | $354.7K | $402.3K | 13.42% |
| Homes For Sale | 259 | 242 | -6.56% |
| Homes Sold | 739 | 645 | -12.72% |
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 Brick, NJ
Browse Homes in Brick, NJ
Brick home values range from $50,157 to $5,999,900. The median estimated value of a home in Brick is $440,251.22. The median list price of a home is 475,000, and the total count of properties in the city is 29,165.
- Pre-ForeclosurePre-foreclosure homes account for 0.89% of all residential properties in Brick, NJ with 08724 containing 146 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Brick, NJ; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,499,999 in 08723 to the lowest home value of $179,800 in 08724.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Brick, NJ ranges from the highest value of $570,500 in 08723 to the lowest value of $399,900 in 08724. Bank owned homes and properties account for 0.01% of properties in Brick, NJ. There are 2 zips within Brick, NJ; 08723 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions08723 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of Brick, NJ. Auction homes and other auction properties account for 0.06% of all properties in Brick, NJ. There are 2 zips within Brick, NJ; of those zips, the median estimated home value for homes going to auction ranges from $506,500 in 08723 to the lowest value of $237,000 in 08723.
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More Real Estate Resources for Brick, NJ
Guide for Brick, NJ
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.
When house prices increase near good school, what options do home buyer have?
Information on foreclosure financing, refinancing, and foreclosure mortgages.
