07006 Housing Market

$819,697

2.4% 1-yr

The average 07006 home value is $819,697, up 2.4% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

07006 Key Takeaways

Typical Home Values: $819,697

1-year Value Change: +2.4%

(Data through August 31, 2025)

07006 Housing Market Overview

0.4%1-year Market Forecast(August 31, 2025)

53For sale inventory(August 31, 2025)

24New listings(August 31, 2025)

1.063Median sale to list ratio(July 31, 2025)

$762,167Median sale price(July 31, 2025)

$867,783Median list price(August 31, 2025)

76.4%Percent of sales over list price(July 31, 2025)

17.1%Percent of sales under list price(July 31, 2025)

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Zip Codes

NameMedian ZHVI
07021$1,350,830
07004$781,918
07044$738,242
07068$799,552
07009$734,355
07058$883,865
07042$894,349
07043$1,317,142
07424$612,935

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07006 Rental Market Trends

$2,584Average rent in 07006(August 31, 2025)

$2,007National average rent(August 31, 2025)

-2.0%Month-over-month change(August 31, 2025)

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.