07401 Housing Market

$1,040,699

3.2% 1-yr

The average 07401 home value is $1,040,699, up 3.2% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

07401 Key Takeaways

Typical Home Values: $1,040,699

1-year Value Change: +3.2%

(Data through October 31, 2025)

07401 Housing Market Overview

1.6%1-year Market Forecast(October 31, 2025)

15For sale inventory(October 31, 2025)

6New listings(October 31, 2025)

--Median sale to list ratio

--Median sale price(September 30, 2025)

--Median list price(October 31, 2025)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Zip Codes

NameMedian ZHVI
07463$711,879
07446$833,670
07458$1,520,258
07432$711,915
07423$1,221,323
07481$1,087,324
07450$1,146,386
07677$1,193,973
07417$1,500,444

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07401 Rental Market Trends

--Average rent in 07401

$1,949National average rent(October 31, 2025)

--Month-over-month change

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.