Great Meadows, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 36 transactions over the past year in Great Meadows. The median value for residential home transactions that occurred over the previous year is $544,303.88. The number of current listings in Great Meadows is 35, and the percentage of properties for sale in the city is 58.33%. Great Meadows, NJ currently has 25 properties in foreclosure, 2 bank owned properties, 1 properties headed for auction, and 35 properties for sale.
Great Meadows, NJ Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 07838 | $ 497,667 $ 262/sqft |
Housing Market Summary for Great Meadows, NJ
| Jun 2025 | June 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $454.5K | $581.1K | 27.84% |
| Median Sold Price | $520.4K | $581.1K | 11.65% |
| Homes For Sale | 12 | 34 | 183.33% |
| Homes Sold | 24 | 15 | -37.50% |
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 Great Meadows, NJ
Browse Homes in Great Meadows, NJ
Great Meadows home values range from $130,519 to $1,050,684. The median estimated value of a home in Great Meadows is $544,303.88. The median list price of a home is 479,900, and the total count of properties in the city is 1,129.
- Pre-ForeclosurePre-foreclosure homes account for 1.95% of all residential properties in Great Meadows, NJ with 07838 containing 22 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Great Meadows, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $675,038 in 07838 to the lowest home value of $167,343 in 07838.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Great Meadows, NJ ranges from the highest value of $386,448 in 07838 to the lowest value of $323,304 in 07838. Bank owned homes and properties account for 0.18% of properties in Great Meadows, NJ. There is 1 zips within Great Meadows, NJ; 07838 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07838 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Great Meadows, NJ. Auction homes and other auction properties account for 0.09% of all properties in Great Meadows, NJ. There is 1 zips within Great Meadows, NJ; of that zips, the median estimated home value for homes going to auction ranges from $220,987 in 07838 to the lowest value of $220,987 in 07838.