07701 Home Values & Market Trends
There are 367 homes currently listed for 07701. 07701 real estate market trends show that home prices range from $206,626 to $6,500,000, and the median sales price in the 07701 zip code is $710,957.72. The total number of properties sold within the past twelve months is 365. In 07701, 42 properties are in foreclosure, 2 are bank owned properties,and 0 are headed for auction.
07701 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|
Housing Market Summary for 07701
| Mar 2025 | March 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $587K | $663.4K | 13.02% |
| Median Sold Price | $619.7K | $663.4K | 7.06% |
| Homes For Sale | 88 | 354 | 302.27% |
| Homes Sold | 173 | 102 | -41.04% |
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 07701
Browse Homes in 07701
The median list price of a home in Red Bank, is $710,957.72. A total of 367 properties are for sale, and the percentage of properties for sale in the zip code is 89.73%. The total count of 07701 properties is 8,055.
- Pre-ForeclosurePre-foreclosure homes account for 0.50% of all residential properties in 07701 with Red Bank containing 40 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07701; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,142,500 in Red Bank to the lowest home value of $241,400 in Red Bank.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07701 ranges from the highest value of $472,200 in Red Bank to the lowest value of $472,200 in Red Bank. Bank owned homes and properties account for 0.02% of properties in 07701. There is 1 cities within 07701; Red Bank containing 2 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 07701. Auction homes and other auction properties account for 0% of all properties in 07701. There is 1 cities within 07701; 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.