Elizabeth, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 423 transactions over the past year in Elizabeth. The median value for residential home transactions that occurred over the previous year is $608,604. The number of current listings in Elizabeth is 176, and the percentage of properties for sale in the city is 54.32%. Elizabeth, NJ currently has 148 properties in foreclosure, 0 bank owned properties, 11 properties headed for auction, and 176 properties for sale.
Elizabeth, NJ Real Estate Market Overview
Housing Market Summary for Elizabeth, NJ
| Jul 2025 | July 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $549K | $540.5K | -1.54% |
| Median Sold Price | $621.9K | $540.5K | -13.09% |
| Homes For Sale | 97 | 175 | 80.41% |
| Homes Sold | 341 | 242 | -29.03% |
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 Elizabeth, NJ
Browse Homes in Elizabeth, NJ
Elizabeth home values range from $117,887 to $1,422,537. The median estimated value of a home in Elizabeth is $608,604. The median list price of a home is 554,000, and the total count of properties in the city is 12,196.
- Pre-ForeclosurePre-foreclosure homes account for 1.12% of all residential properties in Elizabeth, NJ with 07201 containing 45 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Elizabeth, NJ; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,211,927 in 07202 to the lowest home value of $331,782 in 07206.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Elizabeth, NJ ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Elizabeth, NJ. There are 4 zips within Elizabeth, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07201 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Elizabeth, NJ. Auction homes and other auction properties account for 0.09% of all properties in Elizabeth, NJ. There are 4 zips within Elizabeth, NJ; of those zips, the median estimated home value for homes going to auction ranges from $876,931 in 07201 to the lowest value of $384,373 in 07201.