07040 Home Values & Market Trends
There are 220 homes currently listed for 07040. 07040 real estate market trends show that home prices range from $249,000 to $2,495,000, and the median sales price in the 07040 zip code is $1,010,247.52. The total number of properties sold within the past twelve months is 254. In 07040, 65 properties are in foreclosure, 1 are bank owned properties,and 5 are headed for auction.
07040 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Maplewood | $ 987,602 $ 514/sqft |
Housing Market Summary for 07040
| Jun 2025 | June 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $778K | $916.1K | 17.75% |
| Median Sold Price | $972.8K | $916.1K | -5.83% |
| Homes For Sale | 40 | 209 | 422.50% |
| Homes Sold | 147 | 92 | -37.41% |
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 07040
Browse Homes in 07040
The median list price of a home in Maplewood, is $1,010,247.52. A total of 220 properties are for sale, and the percentage of properties for sale in the zip code is 77.19%. The total count of 07040 properties is 6,882.
- Pre-ForeclosurePre-foreclosure homes account for 0.86% of all residential properties in 07040 with Maplewood containing 59 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07040; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,767,683 in Maplewood to the lowest home value of $350,000 in Maplewood.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07040 ranges from the highest value of $871,275 in Maplewood to the lowest value of $871,275 in Maplewood. Bank owned homes and properties account for 0.01% of properties in 07040. There is 1 cities within 07040; Maplewood containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsMaplewood has 5 auction properties, the highest number of properties going to auction in a single city in the state of 07040. Auction homes and other auction properties account for 0.07% of all properties in 07040. There is 1 cities within 07040; of that cities, the median estimated home value for homes going to auction ranges from $1,909,084 in Maplewood to the lowest value of $907,332 in Maplewood.