Is ZIP 07032, NJ 07032 a buyer’s or seller’s market?
ZIP 07032 is a seller’s market. With about 3.6 months of supply and 46% 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 supply3.6Under 4 months = seller’s market
Sold above list46.4%Share of recent sales
Median sale-to-list100.4%Sold price ÷ list price
Median days on market66Listing to accepted offer
Median price per sq ft$364▼ −2.4% vs. last year
Run the numbers for 07032
Nearby markets
ZIP 07002 07002Seller’s market $354 /sq ftZIP 07029 07029Seller’s market $340 /sq ftZIP 07030 07030Seller’s market $974 /sq ftZIP 07047 07047Buyer’s market $425 /sq ft Browse all markets →Market data describes housing activity only.