Watchung, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 59 transactions over the past year in Watchung. The median value for residential home transactions that occurred over the previous year is $991,363.27. The number of current listings in Watchung is 36, and the percentage of properties for sale in the city is 61.02%. Watchung, NJ currently has 23 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 36 properties for sale.
Watchung, NJ Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 07069 | $ 894,600 $ 326/sqft |
Housing Market Summary for Watchung, NJ
| Mar 2025 | March 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $900K | $1.1M | 22.78% |
| Median Sold Price | $895.2K | $1.1M | 23.44% |
| Homes For Sale | 6 | 35 | 483.33% |
| Homes Sold | 39 | 35 | -10.26% |
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 Watchung, NJ
Browse Homes in Watchung, NJ
Watchung home values range from $249,100 to $1,854,000. The median estimated value of a home in Watchung is $991,363.27. The median list price of a home is 1,327,500, and the total count of properties in the city is 2,009.
- Pre-ForeclosurePre-foreclosure homes account for 1.14% of all residential properties in Watchung, NJ with 07069 containing 24 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Watchung, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,854,000 in 07069 to the lowest home value of $656,200 in 07069.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Watchung, NJ 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 Watchung, NJ. There is 1 zips within Watchung, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Watchung, NJ. Auction homes and other auction properties account for 0% of all properties in Watchung, NJ. There is 1 zips within Watchung, NJ; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.