Is ZIP 07307, NJ 07307 a buyer’s or seller’s market?
ZIP 07307 is a balanced market. With about 5.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply5.4Under 4 months = seller’s market
Sold above list38.2%Share of recent sales
Median sale-to-list99.9%Sold price ÷ list price
Median days on market42Listing to accepted offer
Median price per sq ft$567▲ +9.9% vs. last year
Run the numbers for 07307
Nearby markets
ZIP 07002 07002Seller’s market $354 /sq ftZIP 07029 07029Seller’s market $340 /sq ftZIP 07030 07030Seller’s market $974 /sq ftZIP 07032 07032Seller’s market $364 /sq ft Browse all markets →Market data describes housing activity only.