07026 Real Estate Market

07026 Market

The median sale price for homes in 07026 over the last 12 months is $277,000.


The median mortgage debt is $196,947.

Additional Statistics for Single Family Homes and Condos in Garfield, NJ
$251,010
Median Listing Price
56
Median Days on Market
74
Active Listings
10.8%
Distressed Listings
(foreclosures and short sales)
07026 (Garfield, NJ) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Garfield is $242,500. The list prices dropped by -0.97% from the previous month.

The price per square foot for listings in this area is $103.

The median sale price in December for single family homes is $177,500. The sale prices dropped by -19.5% from the previous month.

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07026 (Garfield, NJ) Market Inventory Trends

The number of active listings in Garfield increased by 22.4% from the previous month.

The median number of days active properties have been listed is 62. This is significantly shorter than the national average.

The number of sales increased by 166.7% from the previous month.

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07026 (Garfield, NJ) Property Ownership

The percent of unoccupied properties is very low in Garfield. It is -8.92% below the national average.

The percent of owner occupied properties in Garfield is 22.4% below the national average.

The percent of rental properties in Garfield is 34.12% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.