07501 Housing Market

$469,903

2.5% 1-yr

The average 07501 home value is $469,903, up 2.5% 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

07501 Key Takeaways

Typical Home Values: $469,903

1-year Value Change: +2.5%

(Data through June 30, 2025)

07501 Housing Market Overview

1.3%1-year Market Forecast(June 30, 2025)

19For sale inventory(June 30, 2025)

--New listings(June 30, 2025)

--Median sale to list ratio

--Median sale price(May 31, 2025)

$377,300Median list price(June 30, 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
07505--
07522$479,863
07503$532,270
07513$565,586
07502$528,888
07524$521,135
07504$571,498
07514$528,632
07011$570,130

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07501 Rental Market Trends

$1,842Average rent in 07501(June 30, 2025)

$2,069National average rent(June 30, 2025)

2.0%Month-over-month change(June 30, 2025)

0.1%Year-over-year change(June 30, 2025)

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.