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ZIP 07974 in New Providence, NJ: housing market trends

The median home sale price in ZIP 07974 in New Providence, NJ was $998,707 for the three-month period ending September 2026. Sale prices were essentially unchanged from the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$998,707
three-month period ending September 2026
Median sale price per sq ft
$500.35
three-month period ending September 2026
Active listings
43
three-month period ending September 2026
Typical monthly rent
$3,110
Rent index · August 2026

How is housing inventory changing?

There were 43 active listings for the three-month period ending September 2026. Active listings were 6.5% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 15 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 07974 in New Providence, NJ
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$998,707$500.3531
Single-familySeptember 2026$998,748$500.3431
TownhousesSeptember 2026UnavailableUnavailableUnavailable
Condos / co-opsSeptember 2026UnavailableUnavailableUnavailable
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 07974 in New Providence, NJ
MarketMedian sale priceReporting period / source
New Providence, NJ$999,4243 months ending September 2026 · Redfin
Berkeley Heights, NJUnavailableMonth ending unavailable date · Zillow
Summit, NJ$1,703,1893 months ending September 2026 · Redfin
Mountainside, NJ$1,032,0083 months ending September 2026 · Redfin
Gillette, NJ$739,6483 months ending September 2026 · Redfin
Chatham, NJ$1,574,5593 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 07974 in New Providence, NJ
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$998,707$500.3543
August 2026$1,037,500$548.8045
July 2026$1,162,500$554.9254
June 2026$1,162,500$548.8070
May 2026$1,190,000$529.4667
April 2026$999,000$504.0956
March 2026$1,306,500$576.7536
February 2026$1,070,000$527.8823
January 2026$1,087,500$540.9527
December 2025$975,000$509.6136
November 2025$944,000$482.8642
October 2025$944,000$466.8946
September 2025$999,000$488.1746
August 2025$979,500$499.9248
July 2025$850,500$506.6062
June 2025$850,500$487.9459
May 2025$835,000$500.6945
April 2025$844,000$563.0537
March 2025$908,500$445.5135
February 2025$925,000$447.6626
January 2025$952,500$445.0628
December 2024$917,500$446.3636
November 2024$875,000$431.5044
October 2024$837,500$429.1541

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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