Monmouth County, NJ Home Values & Market Trends
The median home price in Monmouth County, NJ is $630,585.91. There were 8,729 home sales in Monmouth County, NJ over the past 12 months. The median residential Monmouth County, NJ home value for transactions over the previous year is $568,676.207. The number of current listings in Monmouth County, NJ is 1,940, and the percentage of properties for sale is 49.77%. The county has 1,958 foreclosures, 26 bank owned properties, 145 headed for auction, and 1,940 properties for sale.
Monmouth County, NJ Real Estate Market Overview
|City||Median Est. Value||City||Median Est. Value|
Housing Market Summary for Monmouth County, NJ
|Aug 2022||August 2023||Change|
|Median Listing Price||$648.5K||$602.5K||-7.08%|
|Median Sold Price||$555.7K||$602.5K||8.43%|
|Homes For Sale||2,631||1,963||-25.39%|
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Monmouth County, NJ
Browse Homes in Monmouth County, NJ
Monmouth County, NJ home values range from $89,757 to $12,995,000. Deal is the priciest city with a median listing home price of $3,299,000, and Aberdeen is most affordable with average house prices of around $315,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.83% of all residential properties in Monmouth County, NJ with Freehold containing 171 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 63 cities within Monmouth County, NJ; of those cities, the estimated home value for pre-foreclosure homes ranges from $8,122,185 in Sea Girt to the lowest home value of $174,250 in Freehold.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Monmouth County, NJ ranges from the highest value of $1,806,750 in Marlboro to the lowest value of $191,900 in Marlboro. Bank owned homes and properties account for 0.01% of properties in Monmouth County, NJ. There are 63 cities within Monmouth County, NJ; Manalapan containing 3 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsFreehold has 17 auction properties, the highest number of properties going to auction in a single city in the state of Monmouth County, NJ. Auction homes and other auction properties account for 0.07% of all properties in Monmouth County, NJ. There are 63 cities within Monmouth County, NJ; of those cities, the median estimated home value for homes going to auction ranges from $4,060,585 in Rumson to the lowest value of $195,000 in Rumson.