08242 Home Values & Market Trends
There are 43 homes currently listed for 08242. 08242 real estate market trends show that home prices range from $250,000 to $1,299,000, and the median sales price in the 08242 zip code is $434,045.45. The total number of properties sold within the past twelve months is 40. In 08242, 16 properties are in foreclosure, 1 are bank owned properties,and 2 are headed for auction.
08242 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|
Housing Market Summary for 08242
| Mar 2025 | March 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $389K | $357.6K | -8.06% |
| Median Sold Price | $443.6K | $357.6K | -19.38% |
| Homes For Sale | 8 | 40 | 400.00% |
| Homes Sold | 13 | 22 | 69.23% |
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 08242
Browse Homes in 08242
The median list price of a home in Rio Grande, is $434,045.45. A total of 43 properties are for sale, and the percentage of properties for sale in the zip code is 72.88%. The total count of 08242 properties is 1,245.
- Pre-ForeclosurePre-foreclosure homes account for 1.04% of all residential properties in 08242 with Rio Grande containing 13 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 08242; of that cities, the estimated home value for pre-foreclosure homes ranges from $508,200 in Rio Grande to the lowest home value of $187,700 in Rio Grande.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 08242 ranges from the highest value of $551,900 in Rio Grande to the lowest value of $551,900 in Rio Grande. Bank owned homes and properties account for 0.08% of properties in 08242. There is 1 cities within 08242; Rio Grande containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsRio Grande has 2 auction properties, the highest number of properties going to auction in a single city in the state of 08242. Auction homes and other auction properties account for 0.16% of all properties in 08242. There is 1 cities within 08242; of that cities, the median estimated home value for homes going to auction ranges from $534,000 in Rio Grande to the lowest value of $453,900 in Rio Grande.