The 07720 housing market is very competitive. The median sale price of a home in 07720 was $1.3M last month, up 18.2% since last year. The median sale price per square foot in 07720 is $519, down 36.9% since last year.
In December 2024, 07720 home prices were up 18.2% compared to last year, selling for a median price of $1.3M. On average, homes in 07720 sell after 33 days on the market compared to 42 days last year. There were 9 homes sold in December this year, up from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,300,000
+18.2% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
07720, NJ
$1,300,000
+18.2%
United States
To compare other locations to the 07720 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.
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How hot is the 07720 housing market?
07720 is very competitive. Homes sell in 28.5 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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 29 days.
Hot homes
can sell for about 5% above list price and go pending in around 13 days.
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 07720 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07720.
Flood Factor - Minor
25% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07720 has a minor risk of flooding. 202 properties in 07720 are likely to be
severely affected
by flooding over the next 30 years. This represents 25% of all properties in 07720. Flood risk is increasing faster than the national average.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
07720 has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07720 is most at risk from hurricanes. 2,168 properties in 07720 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 122 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 143 mph.