Is ZIP 07203, NJ 07203 a buyer’s or seller’s market?

Balanced As of 2026-08-31 · Source: Redfin

ZIP 07203 is a balanced market. With about 5.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.2Under 4 months = seller’s market

Sold above list62.8%Share of recent sales

Median sale-to-list103.1%Sold price ÷ list price

Median days on market37Listing to accepted offer

Median price per sq ft$350▲ +1.0% vs. last year

Run the numbers for 07203

Prefilled for 07203Can 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 07016 07016Seller’s market $469 /sq ft ZIP 07023 07023Seller’s market $465 /sq ft ZIP 07027 07027Seller’s market $422 /sq ft ZIP 07033 07033Seller’s market $471 /sq ft Browse all markets →

Market data describes housing activity only.