Brick, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 1,308 transactions over the past year in Brick. The median value for residential home transactions that occurred over the previous year is $434,823.66. The number of current listings in Brick is 240, and the percentage of properties for sale in the city is 240.00%. Brick, NJ currently has 288 properties in foreclosure, 2 bank owned properties, 22 properties headed for auction, and 240 properties for sale.
Brick, NJ Real Estate Market Overview
Housing Market Summary for Brick, NJ
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $389.5K | $414.9K | 6.51% |
Median Sold Price | $365.5K | $414.9K | 13.52% |
Homes For Sale | 249 | 215 | -13.65% |
Homes Sold | 778 | 712 | -8.48% |
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 $50,249 to $5,999,900. The median estimated value of a home in Brick is $434,823.66. The median list price of a home is 450,000, and the total count of properties in the city is 29,073.
- Pre-ForeclosurePre-foreclosure homes account for 0.91% of all residential properties in Brick, NJ with 08724 containing 148 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 $1,223,000 in 08723 to the lowest home value of $184,600 in 08724.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Brick, NJ ranges from the highest value of $405,250 in 08724 to the lowest value of $405,250 in 08723. Bank owned homes and properties account for 0.01% of properties in Brick, NJ. There are 2 zips within Brick, NJ; 08723 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions08723 has 11 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 0.08% 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 $599,500 in 08724 to the lowest value of $236,400 in 08724.
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Guide for Brick, NJ
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.
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