07885 Home Values & Market Trends

There are 56 homes currently listed for 07885. 07885 real estate market trends show that home prices range from $150,000 to $1,050,000, and the median sales price in the 07885 zip code is $506,091. The total number of properties sold within the past twelve months is 108. In 07885, 41 properties are in foreclosure, 1 are bank owned properties,and 3 are headed for auction.

07885 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Wharton

$ 491,900

$ 338/sqft

Housing Market Summary for 07885

Mar 2025March 2026Change
Median Listing Price$390K$493.6K26.56%
Median Sold Price$466.6K$493.6K5.80%
Homes For Sale954500.00%
Homes Sold8259-28.05%
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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%.

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Recently Sold Homes

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Browse Homes in 07885

The median list price of a home in Wharton, is $506,091. A total of 56 properties are for sale, and the percentage of properties for sale in the zip code is 57.73%. The total count of 07885 properties is 3,464.

Foreclosure
There is 1 cities within 07885; within this cities, the median estimated home value for homes in foreclosure ranges from $1,232,000 in Wharton to the lowest value of $259,600 in Wharton. Foreclosure homes account for 1.00% of properties in 07885 with Wharton containing 41 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.07% of all residential properties in 07885 with Wharton containing 37 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07885; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,232,000 in Wharton to the lowest home value of $259,600 in Wharton.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 07885 ranges from the highest value of $284,400 in Wharton to the lowest value of $284,400 in Wharton. Bank owned homes and properties account for 0.03% of properties in 07885. There is 1 cities within 07885; Wharton containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Wharton has 3 auction properties, the highest number of properties going to auction in a single city in the state of 07885. Auction homes and other auction properties account for 0.09% of all properties in 07885. There is 1 cities within 07885; of that cities, the median estimated home value for homes going to auction ranges from $600,000 in Wharton to the lowest value of $551,400 in Wharton.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.62% of residential properties in 07885 with Wharton containing 56 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 07885; homes for sale in that cities, have a range of median values from $940,600 in Wharton to the lowest value of $260,000 in Wharton.
    Sold Homes
    The median value for recently sold homes ranges from $1,188,000 in Wharton to the lowest price of $261,400 in Wharton. There is 1 cities within 07885. Wharton has 58 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.67% of properties in 07885.

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