Basking Ridge, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 333 transactions over the past year in Basking Ridge. The median value for residential home transactions that occurred over the previous year is $954,245.8. The number of current listings in Basking Ridge is 258, and the percentage of properties for sale in the city is 88.05%. Basking Ridge, NJ currently has 35 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 258 properties for sale.
Basking Ridge, NJ Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 07920 | $ 928,913 $ 429/sqft |
Housing Market Summary for Basking Ridge, NJ
| Jul 2025 | July 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $741.5K | $883.7K | 19.18% |
| Median Sold Price | $827.4K | $883.7K | 6.80% |
| Homes For Sale | 62 | 275 | 343.55% |
| Homes Sold | 170 | 94 | -44.71% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Basking Ridge, NJ
Browse Homes in Basking Ridge, NJ
Basking Ridge home values range from $96,909 to $4,695,974. The median estimated value of a home in Basking Ridge is $954,245.8. The median list price of a home is 850,000, and the total count of properties in the city is 9,636.
- Pre-ForeclosurePre-foreclosure homes account for 0.34% of all residential properties in Basking Ridge, NJ with 07920 containing 33 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Basking Ridge, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $2,472,502 in 07920 to the lowest home value of $143,259 in 07920.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Basking Ridge, NJ ranges from the highest value of $903,760 in 07920 to the lowest value of $903,760 in 07920. Bank owned homes and properties account for 0.01% of properties in Basking Ridge, NJ. There is 1 zips within Basking Ridge, NJ; 07920 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07920 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Basking Ridge, NJ. Auction homes and other auction properties account for 0.01% of all properties in Basking Ridge, NJ. There is 1 zips within Basking Ridge, NJ; of that zips, the median estimated home value for homes going to auction ranges from $483,551 in 07920 to the lowest value of $483,551 in 07920.