Wharton, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 108 transactions over the past year in Wharton. The median value for residential home transactions that occurred over the previous year is $506,088.18. The number of current listings in Wharton is 56, and the percentage of properties for sale in the city is 57.73%. Wharton, NJ currently has 41 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 56 properties for sale.
Wharton, NJ Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 07885 | $ 491,900 $ 338/sqft |
Housing Market Summary for Wharton, NJ
| Mar 2025 | March 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $390K | $493.6K | 26.56% |
| Median Sold Price | $460.2K | $493.6K | 7.26% |
| Homes For Sale | 9 | 54 | 500.00% |
| Homes Sold | 81 | 59 | -27.16% |
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 Wharton, NJ
Browse Homes in Wharton, NJ
Wharton home values range from $256,300 to $1,914,000. The median estimated value of a home in Wharton is $506,088.18. The median list price of a home is 471,500, and the total count of properties in the city is 3,464.
- Pre-ForeclosurePre-foreclosure homes account for 1.07% of all residential properties in Wharton, NJ with 07885 containing 37 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Wharton, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,232,000 in 07885 to the lowest home value of $259,600 in 07885.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Wharton, NJ ranges from the highest value of $284,400 in 07885 to the lowest value of $284,400 in 07885. Bank owned homes and properties account for 0.03% of properties in Wharton, NJ. There is 1 zips within Wharton, NJ; 07885 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07885 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Wharton, NJ. Auction homes and other auction properties account for 0.09% of all properties in Wharton, NJ. There is 1 zips within Wharton, NJ; of that zips, the median estimated home value for homes going to auction ranges from $600,000 in 07885 to the lowest value of $551,400 in 07885.