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 |
|---|---|---|---|
| Howell | $ 582,802 $ 309/sqft | Oakhurst | $ 822,750 $ 501/sqft |
| Manalapan | $ 663,750 $ 295/sqft | Tinton Falls | $ 479,529 $ 303/sqft |
| Freehold | $ 586,458 $ 279/sqft | Manasquan | $ 1,238,788 $ 468/sqft |
| Long Branch | $ 830,597 $ 439/sqft | Ocean | $ 709,765 $ 341/sqft |
| Neptune | $ 506,685 $ 305/sqft | Spring Lake | $ 1,479,050 $ 801/sqft |
| Red Bank | $ 507,598 $ 355/sqft | Keansburg | $ 320,352 $ 264/sqft |
| Holmdel | $ 873,244 $ 314/sqft | Keyport | $ 425,000 $ 273/sqft |
| Marlboro | $ 790,997 $ 292/sqft | Wall Township | $ 704,322 $ 370/sqft |
| Asbury Park | $ 598,071 $ 464/sqft | Rumson | $ 1,954,645 $ 562/sqft |
| Middletown | $ 756,073 $ 349/sqft | Belmar | $ 758,000 $ 526/sqft |
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% |
| Homes Sold | 6,064 | 4,484 | -26.06% |
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.
