Bloomfield, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 381 transactions over the past year in Bloomfield. The median value for residential home transactions that occurred over the previous year is $609,746.57. The number of current listings in Bloomfield is 349, and the percentage of properties for sale in the city is 72.56%. Bloomfield, NJ currently has 132 properties in foreclosure, 3 bank owned properties, 15 properties headed for auction, and 349 properties for sale.
Bloomfield, NJ Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 07003 | $ 597,660 $ 424/sqft |
Housing Market Summary for Bloomfield, NJ
| Jul 2025 | July 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $550K | $611K | 11.09% |
| Median Sold Price | $636.9K | $611K | -4.06% |
| Homes For Sale | 135 | 382 | 182.96% |
| Homes Sold | 176 | 149 | -15.34% |
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 Bloomfield, NJ
Browse Homes in Bloomfield, NJ
Bloomfield home values range from $125,400 to $1,622,517. The median estimated value of a home in Bloomfield is $609,746.57. The median list price of a home is 599,900, and the total count of properties in the city is 11,580.
- Pre-ForeclosurePre-foreclosure homes account for 0.98% of all residential properties in Bloomfield, NJ with 07003 containing 114 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Bloomfield, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,037,938 in 07003 to the lowest home value of $300,000 in 07003.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Bloomfield, NJ ranges from the highest value of $1,450,000 in 07003 to the lowest value of $1,450,000 in 07003. Bank owned homes and properties account for 0.03% of properties in Bloomfield, NJ. There is 1 zips within Bloomfield, NJ; 07003 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07003 has 15 auction properties, the highest number of properties going to auction in a single zip in the state of Bloomfield, NJ. Auction homes and other auction properties account for 0.13% of all properties in Bloomfield, NJ. There is 1 zips within Bloomfield, NJ; of that zips, the median estimated home value for homes going to auction ranges from $1,003,133 in 07003 to the lowest value of $299,000 in 07003.