07206 Home Values & Market Trends
There are 94 homes currently listed for 07206. 07206 real estate market trends show that home prices range from $179,000 to $1,500,000, and the median sales price in the 07206 zip code is $589,888.38. The total number of properties sold within the past twelve months is 147. In 07206, 47 properties are in foreclosure, 1 are bank owned properties,and 3 are headed for auction.
07206 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Elizabeth | $ 550,763 $ 313/sqft |
Housing Market Summary for 07206
| Jul 2025 | July 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $580K | $447.9K | -22.77% |
| Median Sold Price | $646K | $447.9K | -30.65% |
| Homes For Sale | 23 | 91 | 295.65% |
| Homes Sold | 77 | 81 | 5.19% |
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 $589,888.38. A total of 94 properties are for sale, and the percentage of properties for sale in the zip code is 66.67%. The total count of 07206 properties is 3,474.
- Pre-ForeclosurePre-foreclosure homes account for 1.24% of all residential properties in 07206 with Elizabeth containing 137 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 $1,211,927 in Elizabeth to the lowest home value of $381,555 in Elizabeth.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07206 ranges from the highest value of $0 in Elizabeth to the lowest value of $0 in Elizabeth. Bank owned homes and properties account for 0.03% of properties in 07206. There is 1 cities within 07206; Elizabeth containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsElizabeth has 11 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 0.09% 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 $876,931 in Elizabeth to the lowest value of $384,373 in Elizabeth.