$4,691 Closing Credit*
$395,000
1,158 SqFt
2 Beds
•1 Full Bath
Donna Anne Simmons, Listing Office: Robbins Cove Realty
Is Toms River, 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, Toms River has remained a Seller's Market.
Key Takeaway
Toms River is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Toms River, NJ
How much do homes in Toms River, NJ cost?
Median Sold Price
$392,261
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$32,283(+9.0%)
Key Takeaway
Homes in Toms River have sold for 9% more than they did a year ago.
Summary: The median home sold price in Toms River was $392,261 in October 2024, up 9% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $166.5K | $187.2K | +12.5% |
| 2 Bedrooms | $294.8K | $320K | +8.5% |
| 3 Bedrooms | $420K | $470K | +11.9% |
| 4 Bedrooms | $559.9K | $609.4K | +8.8% |
| 5+ Bedrooms | $871K | $787.5K | -9.6% |
Summary: Toms River housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes decreased by 9.6%.
Median Sold Price Compared To Nearby Cities
| Toms River Township | $369.7K | $410K | +10.9% |
| Toms River | $359.9K | $392.2K | +9.0% |
| Beachwood | $400K | $435K | +8.8% |
| South Toms River | $365K | $375K | +2.7% |
Housing Supply in Toms River, NJ
How many homes are available in Toms River, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 829 | 777 | -6.3% |
Summary: The Toms River real estate market had 777 homes for sale in October 2024, a 6.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 10 | +25.0% |
| 2 Bedrooms | 388 | 370 | -4.6% |
| 3 Bedrooms | 203 | 183 | -9.9% |
| 4 Bedrooms | 175 | 168 | -4.0% |
| 5+ Bedrooms | 55 | 46 | -16.4% |
Summary: The Toms River housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes decreased by 9.9%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 16.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 205 | 163 | -20.5% |
Asking Price vs. Sold Price
63 Homes Were Sold
Under Asking
33 Homes Were Sold
At Asking
67 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Toms River, you could pay more than the asking price. 41.1% of homes here sold above asking price last month.
Summary: A total of 163 homes were sold or pending in Toms River in October 2024, down by 20.5% month-over-month. Of the 163 sold homes, 39% were sold under asking, 20% were sold at asking, and 41% were sold over asking.
Days on Market for Toms River, NJ
How long does it take to sell a home in Toms River, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 34 Days | +4.8% |
Summary: Homes in Toms River had an average of 34 days on market in Oct 2024, up by 4.8% compared to last year.
Breakdown of Home Sale Times
99 Homes Were Sold
Under 30 Days
47 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Toms River are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 163 homes were sold in Toms River; 61% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 9% 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.
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.