The 07724 housing market is very competitive. The median sale price of a home in 07724 was $538K last month, up 14.5% since last year. The median sale price per square foot in 07724 is $368, up 21.7% since last year.
In March 2024, 07724 home prices were up 14.5% compared to last year, selling for a median price of $538K. On average, homes in 07724 sell after 23 days on the market compared to 85 days last year. There were 36 homes sold in March this year, down from 52 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$538,000
+14.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
07724, NJ
$538,000
+14.5%
United States
To compare other locations to the 07724 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 07724 housing market?
07724 is very competitive. Homes sell in 25 days.
0
100
83
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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 25 days.
Hot homes
can sell for about 7% above list price and go pending in around 12 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Point Road School
Public • PreK-4
454
Students
2 reviews
8/10
Shrewsbury Elementary School
Public • PreK-8
479
Students
3 reviews
7/10
Margaret L. Vetter Elementary School
Public • 5-6
199
Students
4 reviews
6/10
Wolf Hill Elementary School
Public • PreK-4
342
Students
4 reviews
5/10
Woodmere Elementary School
Public • PreK-4
232
Students
8 reviews
Only showing 5 of
8 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 07724 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07724.
Risk Factor
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07724 has a moderate risk of flooding. 575 properties in 07724 are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in 07724. Flood risk is increasing slower than the national average.
27% of properties are at risk of wildfire over the next 30 years
Fire Factor
07724 has a moderate risk of wildfire. There are 2,301 properties in 07724 that have some risk of being affected by wildfire over the next 30 years. This represents 27% of all properties in 07724.
99% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
07724 has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07724 is most at risk from hurricanes. 8,482 properties in 07724 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 111 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 136 mph.