Featuring Property Focus AI™
07024 Housing Market Trends
Market Summary
Property Focus is a top real estate property search platform that provides in-depth property insights, transaction histories, and ownership data across the U.S. In the past 12 months, 07024 saw 309 residential properties sold. As of June 2025, the median price for a single-family home is $580,000, with a median AVM value of $820,000 for properties sold in the last year.
There are 122 involuntary liens on 55 properties, 10 in pre-foreclosure, and 6,937 properties with more than 50% equity in 07024. The market also includes 4,456 fully paid-off homes, offering unique opportunities for buyers and investors.
Market Stats Overview
Total Residential Properties
8,050
Total Home Sales
308 12 mo. trend
Median Home Price
$580,00012 mo. trend
Average Loan-to-Value
17.58%
Current Pre-foreclosures
10
% of Properties in Distress
0.12%
Total Involuntary Liens
122
% of High Equity Homes
86.17%
Markets Nearby 07024
Explore real estate market data for cities, counties, and zip codes neighboring 07024. Each location features detailed market statistics, sales trends, pre-foreclosure information, and other property information to help understand current housing conditions. These adjacent markets share regional connections with 07024, providing valuable context and insights into the broader real estate landscape.