What the Pros Know
Market Snapshot
Zip Code 7112 | Essex County, NJ
27,122
Population
YoY
202236
Median Age
YoY
2022$49,966
Median Household Income
YoY
2022$415,000
Median Sale Price
3.5% MoM
4.6% YoY
7/202426
Homes Sold
3.7% MoM
4.0% YoY
7/20240.8
Months Inventory
25% MoM
15.8% YoY
7/202449
Days on Market
150 MoM
350 YoY
7/202420
Listings
25.0% MoM
9.1% YoY
7/2024105.2%
Sale Price to List Price
1.1% MoM
0.8% 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.