Toms River, NJ Home Values & Market Trends

Real estate market trends reflect that there have been 4,026 transactions over the past year in Toms River. The median value for residential home transactions that occurred over the previous year is $372,345.7. The number of current listings in Toms River is 706, and the percentage of properties for sale in the city is 57.49%. Toms River, NJ currently has 522 properties in foreclosure, 6 bank owned properties, 57 properties headed for auction, and 706 properties for sale.

Housing Market Summary for Toms River, NJ

Apr 2022April 2023Change
Median Listing Price$360.8K$345.2K-4.32%
Median Sold Price$330K$345.2K4.62%
Homes For Sale50864226.38%
Homes Sold2,2511,470-34.70%
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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%.

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Browse Homes in Toms River, NJ

Toms River home values range from $84,900 to $4,000,000. The median estimated value of a home in Toms River is $372,345.7. The median list price of a home is 375,000, and the total count of properties in the city is 50,588.

Foreclosure
There are 3 zips within Toms River, NJ; within these zips, the median estimated home value for homes in foreclosure ranges from $2,389,680 in 08755 to the lowest value of $99,470 in 08755. Foreclosure homes account for 1.00% of properties in Toms River, NJ with 08753 containing 278 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.91% of all residential properties in Toms River, NJ with 08753 containing 260 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Toms River, NJ; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,699,000 in 08753 to the lowest home value of $100,000 in 08753.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Toms River, NJ ranges from the highest value of $555,600 in 08753 to the lowest value of $99,470 in 08755. Bank owned homes and properties account for 0.01% of properties in Toms River, NJ. There are 3 zips within Toms River, NJ; 08757 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    08757 has 28 auction properties, the highest number of properties going to auction in a single zip in the state of Toms River, NJ. Auction homes and other auction properties account for 0.11% of all properties in Toms River, NJ. There are 3 zips within Toms River, NJ; of those zips, the median estimated home value for homes going to auction ranges from $2,389,680 in 08753 to the lowest value of $172,900 in $08753.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.40% of residential properties in Toms River, NJ with 08757 containing 277 homes for sale, the highest number of listed properties in a single zip. There are 3 zips within Toms River, NJ; homes for sale in those zips, have a range of median values from $2,489,250 in 08753 to the lowest value of $94,004 in 08755.
    Sold Homes
    The median value for recently sold homes ranges from $2,650,000 in 08753 to the lowest price of $115,000 in 08753. There are 3 zips within Toms River, NJ. 08757 has 571 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.72% of properties in Toms River, NJ.

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