What the Pros Know
Market Snapshot
Zip Code 7111 | Essex County, NJ
60,268
Population
YoY
202235.4
Median Age
YoY
2022$57,293
Median Household Income
YoY
2022$382,500
Median Sale Price
3.4% MoM
3.4% YoY
7/202436
Homes Sold
10.0% MoM
35.7% YoY
7/20240.8
Months Inventory
7.4% MoM
13.6% YoY
7/202477
Days on Market
1400 MoM
2100 YoY
7/202429
Listings
6.5% MoM
27.5% YoY
7/2024102.9%
Sale Price to List Price
0.4% MoM
0.3% YoY
7/2024
1. Population Data from U.S. Census Bureau.
2. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.