07931 Home Values & Market Trends

There are 37 homes currently listed for 07931. 07931 real estate market trends show that home prices range from $549,000 to $4,499,000, and the median sales price in the 07931 zip code is $1,439,821. The total number of properties sold within the past twelve months is 49. In 07931, 5 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.

07931 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value

Housing Market Summary for 07931

Jun 2025June 2026Change
Median Listing Price$1.3M$1.2M-5.00%
Median Sold Price$967.1K$1.2M23.09%
Homes For Sale936300.00%
Homes Sold2918-37.93%
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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%.

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Recently Sold Homes

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Browse Homes in 07931

The median list price of a home in Far Hills, is $1,439,821. A total of 37 properties are for sale, and the percentage of properties for sale in the zip code is 88.10%. The total count of 07931 properties is 959.

Foreclosure
There is 1 cities within 07931; within this cities, the median estimated home value for homes in foreclosure ranges from $3,481,937 in Far Hills to the lowest value of $222,093 in Far Hills. Foreclosure homes account for 0.00% of properties in 07931 with Far Hills containing 5 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.42% of all residential properties in 07931 with Far Hills containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07931; of that cities, the estimated home value for pre-foreclosure homes ranges from $3,481,937 in Far Hills to the lowest home value of $790,219 in Far Hills.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 07931 ranges from the highest value of $222,093 in Far Hills to the lowest value of $222,093 in Far Hills. Bank owned homes and properties account for 0.10% of properties in 07931. There is 1 cities within 07931; Far Hills containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 07931. Auction homes and other auction properties account for 0% of all properties in 07931. There is 1 cities within 07931; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 3.86% of residential properties in 07931 with Far Hills containing 37 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 07931; homes for sale in that cities, have a range of median values from $4,765,564 in Far Hills to the lowest value of $222,093 in Far Hills.
    Sold Homes
    The median value for recently sold homes ranges from $6,542,062 in Far Hills to the lowest price of $629,122 in Far Hills. There is 1 cities within 07931. Far Hills has 18 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.88% of properties in 07931.

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