Housing Prices in Monroe Park, NJ

How much do homes in Monroe Park, NJ cost?

Median List Price

$199,900

$166/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$39,950(+25.0%)

Key Takeaway

The list price of homes in Monroe Park has increased by 25% since last year.

Summary: The median home list price in Monroe Park was $199,900 in October 2024, up 25% from the previous year, and the median price per square foot was $166.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$225K
N/A
2 $109K$157.4K
+44.4%
3 $159.9K$185K
+15.7%
4 $1.0M$320K
-70.5%
5+ -$319.9K
N/A

Summary: Monroe Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 15.7%, 4 bedroom homes decreased by 70.5%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Neighborhoods

Venice Park
+41.5%
Monroe Park
+25.0%

Housing Supply in Monroe Park, NJ

How many homes are available in Monroe Park, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3740+8.1%

Summary: The Monroe Park real estate market had 40 homes for sale in October 2024, a 8.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 33
0.0%
3 2326
+13.0%
4 88
0.0%
5+ 22
0.0%

Summary: The Monroe Park housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 13%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Monroe Park, NJ

How long does it take to sell a home in Monroe Park, NJ?

Average Listing Age

Oct 2023Oct 2024CHANGE
158 Days101 Days-35.9%

Summary: Homes in Monroe Park had an average listing age of 101 days in Oct 2024, down by 35.9% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Monroe Park, NJ

Nearby Markets to Monroe Park, NJ