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 20 Days Ago

Newest Listings in Monroe Park, NJ

Nearby Markets to Monroe Park, NJ