New Providence, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 135 transactions over the past year in New Providence. The median value for residential home transactions that occurred over the previous year is $991,953.21. The number of current listings in New Providence is 96, and the percentage of properties for sale in the city is 88.89%. New Providence, NJ currently has 12 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 96 properties for sale.
New Providence, NJ Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 07974 | $ 1,032,210 $ 508/sqft |
Housing Market Summary for New Providence, NJ
| Jul 2025 | July 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $799K | $998.2K | 24.94% |
| Median Sold Price | $811K | $998.2K | 23.09% |
| Homes For Sale | 19 | 102 | 436.84% |
| Homes Sold | 68 | 35 | -48.53% |
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 New Providence, NJ
Browse Homes in New Providence, NJ
New Providence home values range from $121,028 to $3,715,386. The median estimated value of a home in New Providence is $991,953.21. The median list price of a home is 1,074,500, and the total count of properties in the city is 3,831.
- Pre-ForeclosurePre-foreclosure homes account for 0.31% of all residential properties in New Providence, NJ with 07974 containing 12 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within New Providence, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $2,287,572 in 07974 to the lowest home value of $666,903 in 07974.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in New Providence, 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 New Providence, NJ. There is 1 zips within New Providence, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of New Providence, NJ. Auction homes and other auction properties account for 0% of all properties in New Providence, NJ. There is 1 zips within New Providence, NJ; of that zips, 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.