07462 — Sussex County, New Jersey Market Snapshot
Housing market data for zip code 07462 in Sussex County, New Jersey. Updated monthly with median prices, days on market, and more.
Market Sales Data
44 sales in 2026 (year to date)
Median Sale Price
$253,075
Days to Sell
49
Homes Sold
44
Inventory
6
Sale-to-List
99.1%
New Listings
22
Price/SqFt
$270
Pending Sales
34
Conforming Loan Available
Most homebuyers in 07462 can comfortably use conventional financing. The median home price of $253,075 is well below the 2026 conforming loan limit of $1,209,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
07462's market is balanced with homes taking an average of 49 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 07462 (99.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 07462 can comfortably use conventional financing. The median home price of $253,075 is well below the 2026 conforming loan limit of $1,209,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 07462 are set at the county level.
2026 Loan Limits — Sussex County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $1,209,750 | $1,249,125 |
| 2 Units | $1,548,975 | $1,599,375 |
| 3 Units | $1,872,225 | $1,933,200 |
| 4 Units | $2,326,875 | $2,402,625 |
Affordability Snapshot — Zip 07462
To purchase the median home at $253,075 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,089.
Monthly Payment
$2,089
Income Required
$89,528
Principal & Interest
$1,559/mo
Down Payment (5%)
$12,654
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 07462.
Estimated Monthly Payment
$1,716
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 07462. Tell us what you're looking for.