Is ZIP 07206, NJ 07206 a buyer’s or seller’s market?

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

ZIP 07206 is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market

Sold above list58%Share of recent sales

Median sale-to-list101.9%Sold price ÷ list price

Median days on market38Listing to accepted offer

Median price per sq ft$319▼ −3.7% vs. last year

Run the numbers for 07206

Prefilled for 07206Can 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.