$5,166 Closing Credit*
$435,000
1,428 SqFt
2 Beds
•2 Full Baths, 1 Partial
Catherine Lacey Cusano, Listing Office: Coldwell Banker Realty
Is Tinton Falls, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Tinton Falls has remained a Seller's Market.
Key Takeaway
Tinton Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tinton Falls, NJ
How much do homes in Tinton Falls, NJ cost?
Median Sold Price
$515,000
$338/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$53,000(+11.5%)
Key Takeaway
Homes in Tinton Falls have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in Tinton Falls was $515,000 in October 2024, up 11.5% from last year, and the median price per square foot was $338.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $289.2K | $320K | +10.6% |
| 2 Bedrooms | $395K | $416K | +5.3% |
| 3 Bedrooms | $550K | $640K | +16.4% |
| 4 Bedrooms | $681K | $775K | +13.8% |
| 5+ Bedrooms | $1.0M | $965K | -10.4% |
Summary: Tinton Falls housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.6%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 16.4%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes decreased by 10.4%.
Median Sold Price Compared To Nearby Cities
| Tinton Falls | $462K | $515K | +11.5% |
| Ocean Township | $700K | $737.3K | +5.3% |
| Shrewsbury Township | $651K | $650K | -0.1% |
| Colts Neck | $1.2M | $1.2M | -1.4% |
| Eatontown | $500K | $463.9K | -7.2% |
Housing Supply in Tinton Falls, NJ
How many homes are available in Tinton Falls, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 87 | 85 | -2.3% |
Summary: The Tinton Falls real estate market had 85 homes for sale in October 2024, a 2.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 26 | 26 | 0.0% |
| 3 Bedrooms | 29 | 31 | +6.9% |
| 4 Bedrooms | 21 | 17 | -19.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Tinton Falls 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 6.9%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 25 | +8.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tinton Falls, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Tinton Falls in October 2024, up by 8.7% month-over-month. Of the 25 sold homes, 40% were sold under asking, 24% were sold at asking, and 36% were sold over asking.
Days on Market for Tinton Falls, NJ
How long does it take to sell a home in Tinton Falls, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 33 Days | +86.8% |
Summary: Homes in Tinton Falls had an average of 33 days on market in Oct 2024, up by 86.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Tinton Falls are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 25 homes were sold in Tinton Falls; 56% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 4% 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.