Stanhope, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 148 transactions over the past year in Stanhope. The median value for residential home transactions that occurred over the previous year is $452,910.71. The number of current listings in Stanhope is 77, and the percentage of properties for sale in the city is 67.54%. Stanhope, NJ currently has 37 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 77 properties for sale.
Stanhope, NJ Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 07874 | $ 449,900 $ 307/sqft |
Housing Market Summary for Stanhope, NJ
| Apr 2025 | April 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $449K | $441.8K | -1.59% |
| Median Sold Price | $427.1K | $441.8K | 3.44% |
| Homes For Sale | 17 | 72 | 323.53% |
| Homes Sold | 82 | 63 | -23.17% |
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 Stanhope, NJ
Browse Homes in Stanhope, NJ
Stanhope home values range from $116,864 to $1,520,111. The median estimated value of a home in Stanhope is $452,910.71. The median list price of a home is 459,000, and the total count of properties in the city is 3,291.
- Pre-ForeclosurePre-foreclosure homes account for 1.00% of all residential properties in Stanhope, NJ with 07874 containing 33 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Stanhope, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $653,622 in 07874 to the lowest home value of $305,270 in 07874.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Stanhope, NJ ranges from the highest value of $332,612 in 07874 to the lowest value of $332,612 in 07874. Bank owned homes and properties account for 0.03% of properties in Stanhope, NJ. There is 1 zips within Stanhope, NJ; 07874 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07874 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Stanhope, NJ. Auction homes and other auction properties account for 0.09% of all properties in Stanhope, NJ. There is 1 zips within Stanhope, NJ; of that zips, the median estimated home value for homes going to auction ranges from $625,000 in 07874 to the lowest value of $453,387 in 07874.