07901 Home Values & Market Trends
There are 133 homes currently listed for 07901. 07901 real estate market trends show that home prices range from $335,000 to $5,995,000, and the median sales price in the 07901 zip code is $1,487,626.65. The total number of properties sold within the past twelve months is 243. In 07901, 18 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.
07901 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Summit | $ 1,731,400 $ 703/sqft |
Housing Market Summary for 07901
| Jun 2025 | June 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $1.4M | $1.3M | -9.19% |
| Median Sold Price | $1M | $1.3M | 27.47% |
| Homes For Sale | 35 | 120 | 242.86% |
| Homes Sold | 144 | 97 | -32.64% |
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 07901
Browse Homes in 07901
The median list price of a home in Summit, is $1,487,626.65. A total of 133 properties are for sale, and the percentage of properties for sale in the zip code is 88.08%. The total count of 07901 properties is 6,654.
- Pre-ForeclosurePre-foreclosure homes account for 0.24% of all residential properties in 07901 with Summit containing 16 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07901; of that cities, the estimated home value for pre-foreclosure homes ranges from $2,236,357 in Summit to the lowest home value of $728,696 in Summit.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07901 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 07901. There is 1 cities within 07901; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsSummit has 2 auction properties, the highest number of properties going to auction in a single city in the state of 07901. Auction homes and other auction properties account for 0.03% of all properties in 07901. There is 1 cities within 07901; of that cities, the median estimated home value for homes going to auction ranges from $1,720,604 in Summit to the lowest value of $1,236,654 in Summit.