The 07206 housing market is very competitive. The median sale price of a home in 07206 was $585K last month, down 4.9% since last year. The median sale price per square foot in 07206 is $293, up 18.9% since last year.
In March 2024, 07206 home prices were down 4.9% compared to last year, selling for a median price of $585K. On average, homes in 07206 sell after 55 days on the market compared to 51 days last year. There were 28 homes sold in March this year, up from 25 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$585,000
-4.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
07206, NJ
$585,000
-4.9%
United States
To compare other locations to the 07206 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in New Jersey add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 07206 housing market?
07206 is very competitive. Homes sell in 33.5 days.
0
100
77
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% above list price and go pending in around 34 days.
Hot homes
can sell for about 7% above list price and go pending in around 18 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
6/10
Terence C. Reilly School #7
Public • PreK-8
1087
Students
5 reviews
6/10
No 22 William F Halloran
Public • PreK-8
1108
Students
5 reviews
5/10
Number 1, George Washington Elementary School
Public • PreK-8
579
Students
7 reviews
5/10
No. 28 Duarte-Marti School
Public • PreK-8
952
Students
3 reviews
5/10
Number 20, John Marshall Elementary School
Public • K-8
382
Students
4 reviews
Only showing 5 of
11 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 07206 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07206.
Risk Factor
Flood Factor - Major
47% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07206 has a major risk of flooding. 1,184 properties in 07206 are likely to be
severely affected
by flooding over the next 30 years. This represents 47% of all properties in 07206. Flood risk is increasing slower than the national average.
11% of properties are at risk of wildfire over the next 30 years
Fire Factor
07206 has a moderate risk of wildfire. There are 481 properties in 07206 that have some risk of being affected by wildfire over the next 30 years. This represents 11% of all properties in 07206.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07206 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07206 is most at risk from hurricanes. 4,350 properties in 07206 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 101 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 118 mph.