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Port Reading

CARTERET, NJ 07008

Real Estate Market Report
Buyer's Market
July 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 07008

Port Reading

Market Analysis

Data as of July 2026. Source: Realtor.com.

The CARTERET, NJ real estate market (07008) currently shows 64 active listings, with 24 pending sales. Homes are averaging 40 days on the market before going under contract.

Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 40 days on market compared to 36 days last year.

The median listing price has risen 5.5% year-over-year, from $531,000 to $559,950.

Whether you are buying or selling in CARTERET, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 25,170  ·  Density: 2,210.1/mi²  ·  Median household income: $79,081

Typical home value: $332,787  ·  Homeownership: 54.4%

Market Overview

Active Listings
64
⇧ 60% vs 40 last year
Pending
24
38% pending ratio
Median Price
$559,950
⇧ 5.5% vs $531,000 last year
Average Price
$566,019
⇧ 3.2% vs $548,405 last year
Days on Market
40
⇧ 11.1% vs 36 days last year

Price Per Square Foot

Median $/sqft
$385
⇧ 4.6% vs $368/sqft last year
Median Home Size
1,402 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 64 this year vs 40 last year
  • Days on market: 40 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $559,950 (+5.5% YoY)
  • Average: $566,019 (+3.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.2 miles — 734 listings ($452,718,397 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07008Carteret, NJ 070080.0 mi36$19,780,704$510,474$549,464
07001Avenel, NJ 070012.2 mi22$11,959,706$544,950$543,623
07036Linden, NJ 070362.8 mi73$44,146,823$595,250$604,751
10314Staten Island, NY 103143.6 mi222$159,201,528$721,000$717,124
07095Woodbridge, NJ 070953.8 mi49$24,960,355$459,250$509,395
10303Staten Island, NY 103034.5 mi61$35,049,807$585,500$574,587
10308Staten Island, NY 103084.7 mi90$57,239,280$682,450$635,992
08830Iselin, NJ 088304.8 mi36$22,509,396$570,167$625,261
08861Perth Amboy, NJ 088615.0 mi56$27,112,120$478,225$484,145
07206Elizabethport, NJ 072065.2 mi7$3,051,412$436,000$435,916
08863Fords, NJ 088635.5 mi25$12,548,175$524,975$501,927
10302Staten Island, NY 103025.7 mi25$16,803,475$648,250$672,139
07208Elizabeth, NJ 072086.2 mi32$18,355,616$589,500$573,613

Frequently Asked Questions

How many homes are for sale in CARTERET, NJ 07008?

As of July 2026, there are 64 active listings in CARTERET, NJ (zip code 07008), compared to 40 the prior year.

What is the median home price in CARTERET, NJ 07008?

The median listing price in CARTERET, NJ 07008 is $559,950 as of July 2026, a 5.5% increase from $531,000 the prior year.

How long do homes stay on the market in CARTERET, NJ?

Homes in CARTERET, NJ 07008 spend an average of 40 days on the market before going under contract, compared to 36 days the prior year.

Is it a seller's or buyer's market in CARTERET, NJ 07008?

Based on current inventory and days-on-market data as of July 2026, CARTERET, NJ 07008 is currently a Buyer's Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 40 days on market compared to 36 days last year.

How much can I save on real estate commission in CARTERET, NJ?

With SELL123.com's maximum 3% commission, sellers in CARTERET, NJ 07008 save an estimated $11,199 compared to a typical 5% commission on the median listing price of $559,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.