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Featured local agent — Alloway, NJ
Sarah Mitchell
Compass Real Estate · Alloway, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Alloway, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$700,000median sale price
How is the Alloway, NJ housing market right now?
The median home sale price in Alloway, NJ is $700,000, up 92.3% year-over-year. Homes sell in an average of 33 days with 6 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Alloway a buyer's or seller's market?
Alloway, NJ is currently a balanced market, based on 6.0 months of supply and homes selling in about 33 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
33
Average pace
Active listings
6
6.0 months supply
Sale-to-list
100.0%
Above asking
What does the Alloway housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $700,000 |
| Median list price | $1.10M |
| Year-over-year price change | +92.3% |
| Average days on market | 33 days |
| Active inventory | 6 listings |
| Months of supply | 6.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $155/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 2 |
| Listings with a price cut | 33.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Alloway by property type?
How the Alloway, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $700,000 | $155/sq ft | 1 | 33 days |
Source: Redfin · Updated monthly
The Alloway housing market is currently classified as a balanced market with a median sale price of $700,000. Prices have risen 92.3% compared to last year, with homes spending an average of 33 days on market, indicating 6.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.2x provides context for how home values compare to local earning capacity.
Homes for sale in Alloway
There are currently 6 homes listed for sale in Alloway, New Jersey. The median listing price is $1.1M.
Active listings
6
Homes on market
Median list price
$1.1M
Avg. days on market
33
Days until sale
New this week
2
Newly listed
Who lives in Alloway?
Population
1,473
Median income
$138,260/yr
Median age
50.5 years
Owner-occupied
98.0%
College grads
25.8%
Avg commute
36.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Alloway?
Zillow home value
$307,702
Price-to-income
2.2x
Source: Zillow Research
What is it like to live in Alloway?
Alloway is a community of approximately 1K residents with a median age of 50.5 years.The median household income is $138,260, which reflects a relatively affluent area with strong earning potential. 25.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 98.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 36.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Alloway offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Alloway?
1 schools tracked · 289 students
The largest public schools serving Alloway, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Alloway Township School
Grades PK-8 · 289 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Alloway, NJ?
Want a head-to-head view? Compare Alloway side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Alloway?
The median home sale price in Alloway is $700,000, up 92.3% from last year.
How long do homes stay on market in Alloway?
Homes typically spend 33 days on market before going under contract.
What is the median income in Alloway?
The median household income is $138,260 per year.
Is Alloway a buyer's or seller's market?
With 6.0 months of supply, Alloway is currently a balanced market.
What is the Zillow home value estimate for Alloway?
The Zillow Home Value Index (ZHVI) for Alloway is $307,702, representing the typical home value in the area.
How much does a single-family home cost in Alloway?
The median single-family home price in Alloway, NJ is $700,000 (about $155 per square foot).
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