Far Hills, 07931 Real Estate Overview


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  • Affordability
  • Demographics
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Average Listing Price

  • $2,268,997
  • for week ending Jan 14
  • -$42,200
  • -1.8%
  • w-o-w

Median Sales Price

  • $960,000
  • Oct '14 - Jan '15
  • +$220,000
  • +29.7%
  • y-o-y

Average Listing Price $2,268,997 -1.8% w-o-w
Median Sales Price $960,000 +29.7% y-o-y
Average Price/sqft $245 +12.9% y-o-y
Number of Sales 3 -62.5 % y-o-y

Most popular zip codes Avg. listing Price
Week ending Jan 14
w-o-w
08873 $329,892 -1.8%
08807 $506,938 -3.9%
08844 $462,695 -0.2%
07920 $872,854 +3.8%
07059 $910,077 +2.2%
Movers & Shakers Avg. listing price
Week ending Jan 14
w-o-w
08553 $757,250 -13.6%
07062 $250,279 +13.5%
07921 $1,218,206 -10.0%
08823 $259,367 -7.0%
08876 $359,692 -6.7%
View Somerset County Home Prices Map

Summary for Far Hills, 07931


The median sales price for homes in ZIP code 07931 in Far Hills from Oct 14 to Jan 15 was $960,000 based on 3 sales. Compared to the same period one year ago, the median sales price increased 29.7%, or $220,000, and the number of sales decreased 62.5%. Average price per square foot for homes in 07931 was $245, a decrease of 27.3% compared to the same period last year. There are currently 35 resale and new homes in ZIP code 07931 on Trulia, including 7 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 07931 was $2,268,997 for the week ending Jan 14, which represents a decrease of 1.8%, or $42,200, compared to the prior week.

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Homes for Sale in 07931
View all 07931 Homes for Sale