07027 Housing Market Report March 2025Union County, New Jersey

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Housing Prices in 07027, NJ

How much do homes in 07027, NJ cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$649,000$397/SqFt
+$110,000
+20.4%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 07027 has increased by 20.4% since last year.

Summary: The median home list price in 07027 was $649,000 in March 2025, up 20.4% from the previous year, and the median price per square foot was $397.

Median List Price By Zip Codes

Median List Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
07027
+20.4%
07016
+11.8%
07090
+8.8%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1--
N/A
2$659.8K$720K
+9.1%
3$527K$599.9K
+13.9%
4$600K$699K
+16.5%
5$673.9K$769.9K
+14.3%

Summary: 07027 housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +9.1%. The home price for 3 bedroom homes increased by +13.9%. The home price for 4 bedroom homes increased by +16.5%. The home price for 5 bedroom homes increased by +14.3%.

How does 07027, NJ compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

07027, NJ

Housing supply in 07027, NJ

How many homes are available in 07027, NJ?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
15Last MonthMar 2025
102 months agoFeb 2025
+50.0 %
Change MoMFeb – Mar

Summary: The 07027 real estate market had 15 homes for sale in Mar 2025, a 50.0 % increase compared to Feb 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
100
0.0%
211
0.0%
345
+25.0%
435
+66.7%
524
+100.0%

Summary: 07027 housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +25.0%. The inventory for 4 bedroom homes increased by +66.7%. The inventory for 5 bedroom homes increased by +100.0%.

Days on Market for 07027, NJ

How long does it take to sell a home in 07027, NJ?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
93 DaysThis YearMar 2025
108 Days1 year agoMar 2024
-13.6 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in 07027 had an average listing age of 93 days in Mar 2025, down by 13.6% compared to the previous year.

Newest Listings in 07027, NJ

What homes are available in 07027, NJ?

Nearby markets

MLS Disclaimers and Copyright

Based on information from Garden State MLS, and ALL JERSEY MLS for the period 04/01/2023 - 04/01/2025

Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/7/2025, 3:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/7/2025, 3:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.