Market Intelligence · NJ / Avenel

Avenel, NJ 07001 Housing Market

The typical home in Avenel, NJ 07001 is worth $529,355, up 0.8% over the past year as of August 2026. As of September 2026, the median list price sits at $527,475, and homes spend a median of 40 days on the market.

Updated September 2026Median value$513K

The median home value in Avenel, NJ 07001 is $513K as of September 2026, up 0.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 07001 range

$472K to $554K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.7% over 12 months

Sep 2025$510K

Low $510KHigh $524K

Sep 2026$513K

The numbers

What is the 07001 housing market like?

As of September 2026

Typical home value

$513K

0.7%YoY

Median list price

$527K

10.4%MoM

Days on market

24.5%MoM

Homes for sale

4.5%MoM

Price cuts

9.0%

3.4%MoM

New listings

33.3%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

07001 housing market forecast 2027

+1.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 07001 to rise 1.6% by September 2027.

Over the 12 months through September 2026, typical home values in 07001 rose 0.7%, per the Zillow Home Value Index.

Will home prices drop in 07001?

Zillow's forecast does not call for a drop: it expects typical home values in 07001 to rise 1.6% by September 2027, after a 0.7% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 07001 home prices compare?

07001$513,185
Avenel$513,185
New Jersey$575,161
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Avenel: 1 ZIP; New Jersey: 547 ZIPs; United States: 26,262 ZIPs).

Context

Values in 07001 have been nearly flat, with the typical home value rising just 0.8% over the past year to $529,355 as of August 2026. Sellers are asking a median of $527,475, which is close to where typical values sit. Inventory is limited, with 23 homes for sale and 8 new listings as of September 2026. Homes are moving at a median of 40 days on market, and only 9.0% of listings carry a price cut, so most sellers are holding their asking prices. For a seller, the read is a stable market where realistic pricing matters more than timing.

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Down payment20% · $102,637

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Common questions

What people ask us.

How much is a home in 07001 worth?

The typical home value in 07001 is $529,355 as of August 2026, up 0.8% over the past year.

How fast are homes selling in 07001?

Homes in 07001 spend a median of 40 days on the market as of September 2026. There were 23 homes for sale that month, with 8 new listings.

Are sellers in 07001 cutting prices?

As of September 2026, 9.0% of listings in 07001 had a price cut. The median list price is $527,475.

Discover

Nearby ZIP markets.

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