07627 Housing Market Report January 2025Bergen County, New Jersey

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Housing Prices in 07627, NJ

How much do homes in 07627, 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.
$2,450,000
+$100,000
+4.3%

Based on all homes listed in January 2025

Insight

The list price of homes in 07627 has increased by 4.3% since December.

Summary: The median home list price in 07627 was $2,450,000 in January 2025, up 4.3% from the previous month, and the median price per square foot was $0.

Median List Price By City

Median List Price By City
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
07648
+13.4%
07627
+4.3%
07626
-5.2%

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.
BedsDec 2024Jan 2025Change YoY
1--
N/A
2--
N/A
3$2.0M$1.4M
-32.1%
4$1.1M$2.3M
+108.6%
5$3.0M$3.0M
0.0%

Summary: 07627 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -32.1%. The home price for 4 bedroom homes increased by +108.6%. The home price for 5 bedroom homes did not change.

Housing supply in 07627, NJ

How many homes are available in 07627, 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
13Last MonthJan 2025
112 months agoDec 2024
+18.2 %
Change MoMDec – Jan

Summary: The 07627 real estate market had 13 homes for sale in Jan 2025, a 18.2 % increase compared to Dec 2024.

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.
BedsDec 2024Jan 2025Change MoM
100
0.0%
200
0.0%
312
+100.0%
423
+50.0%
588
0.0%

Summary: 07627 housing inventory by bedroom type for January 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 +100.0%. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes remained the same.

Days on Market for 07627, NJ

How long does it take to sell a home in 07627, NJ?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
94 DaysLast MonthJan 2025
107 Days1 month agoDec 2024
-12.3 %
Change MoMDec – Jan

Summary: Homes in 07627 had an average listing age of 94 days in Jan 2025, down by 12.3% compared to the previous month.

Newest Listings in 07627, NJ

What homes are available in 07627, NJ?

MLS Disclaimers and Copyright

Based on information from New Jersey MLS, for the period 12/01/2024 - 02/01/2025

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Information provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 8:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.