07901 Home Values & Market Trends
There are 141 homes currently listed for 07901. 07901 real estate market trends show that home prices range from $420,000 to $5,650,000, and the median sales price in the 07901 zip code is $1,420,104.09. The total number of properties sold within the past twelve months is 265. In 07901, 19 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 | $ 1,736,076 $ 702/sqft |
Housing Market Summary for 07901
| Jul 2025 | July 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $1.2M | $1.3M | 9.88% |
| Median Sold Price | $995.7K | $1.3M | 32.20% |
| Homes For Sale | 33 | 142 | 330.30% |
| Homes Sold | 158 | 93 | -41.14% |
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 $1,420,104.09. A total of 141 properties are for sale, and the percentage of properties for sale in the zip code is 88.13%. The total count of 07901 properties is 6,644.
- Pre-ForeclosurePre-foreclosure homes account for 0.26% of all residential properties in 07901 with Summit containing 17 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 $2,199,367 in Summit to the lowest home value of $712,514 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 $1,776,762 in Summit to the lowest value of $1,164,526 in Summit.