07701 Home Values & Market Trends
There are 450 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 $716,962.22. The total number of properties sold within the past twelve months is 327. In 07701, 41 properties are in foreclosure, 1 are bank owned properties,and 3 are headed for auction.
07701 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|
Housing Market Summary for 07701
| Jun 2025 | June 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $527.4K | $656.2K | 24.42% |
| Median Sold Price | $609.7K | $656.2K | 7.63% |
| Homes For Sale | 90 | 426 | 373.33% |
| Homes Sold | 150 | 86 | -42.67% |
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 $716,962.22. A total of 450 properties are for sale, and the percentage of properties for sale in the zip code is 91.65%. The total count of 07701 properties is 7,952.
- Pre-ForeclosurePre-foreclosure homes account for 0.47% of all residential properties in 07701 with Red Bank containing 37 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 $1,102,046 in Red Bank to the lowest home value of $204,121 in Red Bank.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07701 ranges from the highest value of $3,278,478 in Red Bank to the lowest value of $3,278,478 in Red Bank. Bank owned homes and properties account for 0.01% of properties in 07701. There is 1 cities within 07701; Red Bank containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsRed Bank has 3 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 0.04% 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 $1,025,516 in Red Bank to the lowest value of $603,500 in Red Bank.