Rio Grande, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 40 transactions over the past year in Rio Grande. The median value for residential home transactions that occurred over the previous year is $434,091.67. The number of current listings in Rio Grande is 43, and the percentage of properties for sale in the city is 72.88%. Rio Grande, NJ currently has 16 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 43 properties for sale.
Rio Grande, NJ Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 08242 | $ 431,700 $ 269/sqft |
Housing Market Summary for Rio Grande, NJ
| 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 Rio Grande, NJ
Browse Homes in Rio Grande, NJ
Rio Grande home values range from $139,800 to $1,704,000. The median estimated value of a home in Rio Grande is $434,091.67. The median list price of a home is 499,000, and the total count of properties in the city is 1,245.
- Pre-ForeclosurePre-foreclosure homes account for 1.04% of all residential properties in Rio Grande, NJ with 08242 containing 13 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Rio Grande, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $508,200 in 08242 to the lowest home value of $187,700 in 08242.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Rio Grande, NJ ranges from the highest value of $551,900 in 08242 to the lowest value of $551,900 in 08242. Bank owned homes and properties account for 0.08% of properties in Rio Grande, NJ. There is 1 zips within Rio Grande, NJ; 08242 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions08242 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Rio Grande, NJ. Auction homes and other auction properties account for 0.16% of all properties in Rio Grande, NJ. There is 1 zips within Rio Grande, NJ; of that zips, the median estimated home value for homes going to auction ranges from $534,000 in 08242 to the lowest value of $453,900 in 08242.