Is ZIP 07627, NJ 07627 a buyer’s or seller’s market?
ZIP 07627 is a seller’s market. With about 2.9 months of supply and 14% 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 supply2.9Under 4 months = seller’s market
Sold above list14.3%Share of recent sales
Median sale-to-list98.1%Sold price ÷ list price
Median days on market80Listing to accepted offer
Median price per sq ft$608▲ +11.9% vs. last year
Run the numbers for 07627
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.