07823 — Warren County, New Jersey Market Snapshot
Housing market data for zip code 07823 in Warren County, New Jersey. Updated monthly with median prices, days on market, and more.
Market Sales Data
19 sales in 2026 (year to date)
Median Sale Price
$438,000
Days to Sell
33
Homes Sold
19
Inventory
26
Sale-to-List
96.7%
New Listings
38
Price/SqFt
$235
Pending Sales
33
Conforming Loan Available
Most homebuyers in 07823 can comfortably use conventional financing. The median home price of $438,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
07823's market is balanced with homes taking an average of 33 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 07823 sells for 3.3% below asking price (96.7% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 07823 can comfortably use conventional financing. The median home price of $438,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 07823 are set at the county level.
2026 Loan Limits — Warren County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 07823
To purchase the median home at $438,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,506.
Monthly Payment
$3,506
Income Required
$150,249
Principal & Interest
$2,699/mo
Down Payment (5%)
$21,900
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 07823.
Estimated Monthly Payment
$2,861
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