Is ZIP 07029, NJ 07029 a buyer’s or seller’s market?

Seller’s market As of 2026-08-31 · Source: Redfin

ZIP 07029 is a seller’s market. With about 3.5 months of supply and 35% of homes selling above list, expect competing offers on well-priced homes. Buyers here typically need a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.5Under 4 months = seller’s market

Sold above list35%Share of recent sales

Median sale-to-list100.6%Sold price ÷ list price

Median days on market73Listing to accepted offer

Median price per sq ft$340▼ −15.6% vs. last year

Run the numbers for 07029

Prefilled for 07029Can I win this house?Multiple-offer likelihood for a listing Coming soonOver-asking calculatorTypical range over list Coming soonOffer strength scoreHow your offer looks to a seller Coming soonAppraisal gapCash needed if it appraises low

Nearby markets

ZIP 07002 07002Seller’s market $354 /sq ft ZIP 07030 07030Seller’s market $974 /sq ft ZIP 07032 07032Seller’s market $364 /sq ft ZIP 07047 07047Buyer’s market $425 /sq ft Browse all markets →

Market data describes housing activity only.