07206 Home Values & Market Trends
There are 63 homes currently listed for 07206. 07206 real estate market trends show that home prices range from $350,000 to $1,500,000, and the median sales price in the 07206 zip code is $653,264.55. The total number of properties sold within the past twelve months is 131. In 07206, 44 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.
07206 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Elizabeth | $ 606,750 $ 328/sqft |
Housing Market Summary for 07206
| Mar 2025 | March 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $159.5K | $627.5K | 293.42% |
| Median Sold Price | $593.1K | $627.5K | 5.79% |
| Homes For Sale | 16 | 60 | 275.00% |
| Homes Sold | 80 | 74 | -7.50% |
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 07206
Browse Homes in 07206
The median list price of a home in Elizabeth, is $653,264.55. A total of 63 properties are for sale, and the percentage of properties for sale in the zip code is 58.88%. The total count of 07206 properties is 3,325.
- Pre-ForeclosurePre-foreclosure homes account for 1.26% of all residential properties in 07206 with Elizabeth containing 170 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07206; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,047,000 in Elizabeth to the lowest home value of $342,700 in Elizabeth.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07206 ranges from the highest value of $598,700 in Elizabeth to the lowest value of $598,700 in Elizabeth. Bank owned homes and properties account for 0.03% of properties in 07206. There is 1 cities within 07206; Elizabeth containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsElizabeth has 6 auction properties, the highest number of properties going to auction in a single city in the state of 07206. Auction homes and other auction properties account for 0.03% of all properties in 07206. There is 1 cities within 07206; of that cities, the median estimated home value for homes going to auction ranges from $685,400 in Elizabeth to the lowest value of $589,900 in Elizabeth.