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NJ Market Dashboard

Monmouth County

Last updated: May 2026

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Data sources:Market statistics from Redfin Data Center · Home value forecasts from Zillow Research · Updated monthly. Last updated: May 2026.

Median Sale Price

$723K

+2.5% YoY

Days on Market

19 days

+5.6% YoY

Active Listings

2,442

+0.1% YoY

Sale vs. Ask Price

101.37%

0.0% YoY

Median Sale Price Trend

12-month rolling median — Monmouth County

Days on Market

Green = below average (faster sales)

Inventory Levels

Active vs. new listings — monthly

Price Per Sqft by City

Ranked highest to lowest — May 2026

Sale vs. Ask Price

Above 100% = homes sold for more than asking price

Market Health Score

Composite of price momentum, inventory tightness, and demand strength

51/100Balanced Market
Price Momentum50
Inventory Tightness35
Demand Strength68
Affordability25

Zillow 12-Month Forecast

Projected home value change · Zillow Research

+1.4%

Modest growth expected. The market is stabilizing — a reasonable window for both buyers and sellers.

Price Per Sqft by City

Ranked by price per square foot. County average: $396/sqft. Click column headers to re-sort.

CityPrice / Sqftvs. County Avg
Deal$1059+167.4%
Rumson$778+96.5%
Sea Bright$710+79.3%
Atlantic Highlands$575+45.2%
Asbury Park$533+34.6%
Long Branch$485+22.5%
Red Bank$432+9.1%
Tinton Falls$378-4.5%
Freehold$338-14.6%

What This Means For You

Data-driven takeaways for buyers, sellers, and investors in Monmouth County right now.

For Buyers

Balanced
  • Conditions are balanced — neither buyers nor sellers hold a strong advantage. Fair pricing and solid preparation win deals.
  • Days on market are up 5.6% year-over-year, meaning homes are sitting longer. Use this time to get thorough inspections done before making offers.
  • Homes still sell above asking at 101.37% — so expect competition on move-in-ready, well-priced properties. Budget for at least asking price on desirable listings.

For Sellers

Balanced
  • Median prices are up 2.5% year-over-year. The market is rewarding sellers who price with the trend, not against it.
  • Homes priced correctly are selling at 101.37% of list price — above asking. This only happens when you price strategically, not aspirationally.
  • Strong demand means a well-prepared home can generate multiple offers. Don't leave money on the table — prep properly and list at the right time.
  • Spring (March–May) typically brings peak buyer traffic in this county. List prepared, not rushed.

For Investors

Monitor
  • With prices up 2.5% year-over-year, Monmouth County continues to build equity for existing owners. Entry-level and value-add properties offer the best basis.
  • Affordability is a constraint at the premium price point — focus on small multifamily or lower-priced municipalities within the county for better cap rate potential.
  • DOM of 19 days means motivated sellers are out there. Off-market outreach and patient deal sourcing can yield below-market acquisitions.

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