$10,000 Closing Credit*
$959,000
2,380 SqFt
4 Beds
•2 Full Baths, 1 Partial
Betty Meseroll, Listing Office: Seaside Heights Realty Inc.
Is 08751, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 08751 was a Seller's Market.
Key Takeaway
08751 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 08751, NJ
How much do homes in 08751, NJ cost?
Median Sold Price
$746,250
$486/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$106,350(+16.6%)
Key Takeaway
Homes in 08751 have sold for 16.6% more than they did a year ago.
Summary: The median home sold price in 08751 was $746,250 in October 2024, up 16.6% from last year, and the median price per square foot was $486.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $341.9K | +42.5% |
| 2 Bedrooms | $354.9K | $468.2K | +31.9% |
| 3 Bedrooms | $629K | $729K | +15.9% |
| 4 Bedrooms | $777.4K | $1.0M | +31.8% |
| 5+ Bedrooms | $904.9K | $927.4K | +2.5% |
Summary: 08751 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.5%, 2 bedroom homes increased by 31.9%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 31.8%, and 5+ bedroom homes increased by 2.5%.
Housing Supply in 08751, NJ
How many homes are available in 08751, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 98 | 111 | +13.3% |
Summary: The 08751 real estate market had 111 homes for sale in October 2024, a 13.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 27 | 34 | +25.9% |
| 3 Bedrooms | 16 | 20 | +25.0% |
| 4 Bedrooms | 20 | 22 | +10.0% |
| 5+ Bedrooms | 29 | 28 | -3.4% |
Summary: The 08751 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 25.9%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 3.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 08751, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 08751 in October 2024, the same as the previous month. Of the 12 sold homes, 67% were sold under asking, 8% were sold at asking, and 25% were sold over asking.
Days on Market for 08751, NJ
How long does it take to sell a home in 08751, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 40 Days | -4.2% |
Summary: Homes in 08751 had an average of 40 days on market in Oct 2024, down by 4.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 08751 has remained consistent over time.
Summary: During October 2024, 12 homes were sold in 08751; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.