07874 — Warren County, New Jersey Market Snapshot
Housing market data for zip code 07874 in Warren County, New Jersey. Updated monthly with median prices, days on market, and more.
Market Sales Data
28 sales in 2026 (year to date)
Median Sale Price
$493,000
Days to Sell
20
Homes Sold
28
Inventory
13
Sale-to-List
103.4%
New Listings
34
Price/SqFt
$312
Pending Sales
28
Conforming Loan Available
Most homebuyers in 07874 can comfortably use conventional financing. The median home price of $493,000 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
Homes in 07874 are moving quickly at 20 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes in 07874 are selling 3.4% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
Most homebuyers in 07874 can comfortably use conventional financing. The median home price of $493,000 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 07874 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 07874
To purchase the median home at $493,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,927.
Monthly Payment
$3,927
Income Required
$168,309
Principal & Interest
$3,038/mo
Down Payment (5%)
$24,650
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 07874.
Estimated Monthly Payment
$3,201
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