Is ZIP 07072, NJ 07072 a buyer’s or seller’s market?
ZIP 07072 is a balanced market. With about 6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply6Under 4 months = seller’s market
Sold above list50%Share of recent sales
Median sale-to-list103.1%Sold price ÷ list price
Median days on market76Listing to accepted offer
Median price per sq ft$426▼ −4.8% vs. last year
Run the numbers for 07072
Nearby markets
ZIP 07010 07010Balanced $440 /sq ftZIP 07020 07020Buyer’s market $525 /sq ftZIP 07022 07022Balanced $389 /sq ftZIP 07024 07024Balanced $448 /sq ft Browse all markets →Market data describes housing activity only.