$4,156 Closing Credit*
$350,000
1,080 SqFt
3 Beds
•1 Full Bath
Jasmin Elalfy, Listing Office: NJ Elite Group LLC
Is Toms River, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$399,457
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,119(+11.2%)
Key Takeaway
Homes in Toms River have sold for 11.2% more than they did a year ago.
Summary: The median home sold price in Toms River was $399,457 in November 2024, up 11.2% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $208.1K | $182.2K | -12.4% |
| 2 Bedrooms | $295K | $321.8K | +9.1% |
| 3 Bedrooms | $420K | $474.9K | +13.1% |
| 4 Bedrooms | $558.5K | $617K | +10.5% |
| 5+ Bedrooms | $835.4K | $829.3K | -0.7% |
Summary: Toms River housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.4%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 0.7%.
Median Sold Price Compared To Nearby Cities
| Toms River Township | $366.3K | $414.9K | +13.3% |
| Toms River | $359.3K | $399.4K | +11.2% |
| Beachwood | $405K | $438.7K | +8.3% |
| Island Heights | $542.5K | $579K | +6.7% |
| South Toms River | $367.4K | $380K | +3.4% |
Housing Supply in Toms River, NJ
How many homes are available in Toms River, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 816 | 741 | -9.2% |
Summary: The Toms River real estate market had 741 homes for sale in November 2024, a 9.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 9 | -10.0% |
| 2 Bedrooms | 388 | 372 | -4.1% |
| 3 Bedrooms | 198 | 156 | -21.2% |
| 4 Bedrooms | 169 | 153 | -9.5% |
| 5+ Bedrooms | 51 | 51 | 0.0% |
Summary: The Toms River housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10%, 2 bedroom homes decreased by 4.1%, 3 bedroom homes decreased by 21.2%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 179 | 176 | -1.7% |
Asking Price vs. Sold Price
66 Homes Were Sold
Under Asking
35 Homes Were Sold
At Asking
75 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Toms River, you could pay more than the asking price. 42.6% of homes here sold above asking price last month.
Summary: A total of 176 homes were sold or pending in Toms River in November 2024, down by 1.7% month-over-month. Of the 176 sold homes, 38% were sold under asking, 20% were sold at asking, and 43% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 33 Days | +4.4% |
Summary: Homes in Toms River had an average of 33 days on market in Nov 2024, up by 4.4% compared to last year.
Breakdown of Home Sale Times
110 Homes Were Sold
Under 30 Days
48 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 November 2024, 176 homes were sold in Toms River; 63% of homes were sold within 30 days, 27% 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.
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. 
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 real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.