New Weakening in Contracts for 06377 Zip Code Real Estate Market

The 06377 zip code market saw five homes go under contract and failed to break out of an identifiable downward trend. Despite that, total home sales jumped to seven over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price dropped to $176,000 over the latest reporting period for the 06377 zip code, down from $200,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that the 06377 zip code is a seller's market.

Get started right now by checking out 06377 homes for sale or reviewing 06377 real estate trends.

Demographic facts for the 06377 zip code:

  • This area has a median house value of $135,500.
  • The area gets 111 rainy days a year. (U.S. average: 100)
  • This area has an unemployment rate of 9.5%.
  • For every teacher there are 14.3 students in this area. (15.3 = national average)

Data reported through 10/19/2016

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