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Sarah Mitchell

CNESRESABR

Compass Real Estate · Asbury, NJ

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Asbury, NJ(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Asbury, NJ Housing Market

Seller's market+4.9% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through November 2025 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Asbury, NJ is worth $615,016, rose 4.9% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $265,000 (through May 2026). With homes going under contract in about 38 days, Asbury is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $615,016 home is about $3,283/mo in principal and interest.

Key numbers for Asbury, NJ

Typical home value

$615,016

+4.9% in 12 months

Zillow, August 2026

Median sale price

$265,000

Last published period

Redfin, through November 2025

Days on market

38

Average pace

Redfin, through November 2025

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$119,250

Home costs 5.2x income

U.S. Census ACS, 2023

Sale-to-list ratio

106.4%

Selling above asking

Redfin, through November 2025

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Asbury a buyer's or seller's market?

Seller's market38 days on market106.4% of asking

Asbury, NJ is a seller's market and homes selling in about 38 days. We classify markets from months of supply, sale-to-list ratio and days on market together — no single number decides it.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Asbury housing market data show?

Every row below is Redfin's final published month for Asbury, NJ. Redfin, through November 2025

Housing market statistics for Asbury, NJ, Redfin through May 2026
MetricValue
Median sale price$265,000
Median days on market38 days
Sale-to-list price ratio106.4%
Homes sold (that month)1
Market conditionSeller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Asbury is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Asbury is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Asbury home prices moved?

Across the 35 months we hold for Asbury, NJ, the median sale price rose 20.5%, from $220,000 in April 2021 to $265,000. The live Zillow value series has rose 4.9% in the last 12 months, which is the more current read now that Redfin's series has stopped.

Redfin, through November 2025 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Asbury?

Priced off the typical home value of $615,016 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Asbury, NJ
Down paymentCash at closeLoan amountMonthly P&I
20%$123,003$492,013$3,283/mo
5%$30,751$584,265$3,899/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $3,283, that implies roughly $140,713 a year before you add taxes and insurance. The median household in Asbury earns $119,250, about $21,463 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.2x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Asbury in the next 12 months?

Tell us your timeline. We send the Asbury market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Asbury?

Zillow does not publish a rent index (ZORI) for Asbury, NJ, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Asbury?

Active listings in Asbury, NJ went from 2 in April 2023 to 2 in September 2025, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.

Active listings by month in Asbury, NJ
MonthActive listingsNew listings
May 202311
June 202311
February 202431
March 202442
April 20243not published
May 202432
June 202421
November 202422
April 202531
May 202542
June 202511
September 202521

Redfin, through September 2025

How does Asbury compare to New Jersey and the U.S.?

Asbury homes sell for $265,000 — 54% below the New Jersey median of $579,900. Against the national median of $410,700, Asbury runs 35% lower.

Asbury, NJ compared with New Jersey and the United States
MarketMedian sale priceYoYDays on market
Asbury, NJ$265,000not published38 days
New Jersey statewide$579,900+3.7%35 days
United States$410,700not publishednot published

City and state rows: Redfin, through November 2025 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Asbury

What buyers should watch

  • The gap between 5% and 20% down here is $616 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $615,016 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Asbury listing goes under contract in 38 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 106.4% of asking. Price at the number you want and let competition do the rest.
  • Your equity moved +4.9% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Asbury varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Asbury

Explore homes currently listed for sale in Asbury, New Jersey across major real estate platforms.

Sale-to-list:106.4%

How much do homes cost in Asbury by property type?

How the Asbury, NJ market breaks down across single-family homes, condos and townhouses. Redfin, through November 2025

Median price, price per square foot, homes sold and days on market by property type in Asbury, NJ
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$265,000not published138 days

Who lives in Asbury?

American Community Survey estimates for Asbury. U.S. Census ACS, 2023

Population

245

Households

94

Median income

$119,250/yr

Median age

36.4 years

Owner-occupied

77.7%

Median home value

$457,700

Mean commute

25.5 min

77.7% of occupied homes in Asbury are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $457,700 against Zillow's $615,016 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.

Which public schools serve Asbury?

2 schools tracked · 362 students

The largest public schools serving Asbury, 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.

Thomas B. Conley Elementary School

Grades PK-5 · 228 students

Public

Ethel Hoppock Middle School

Grades 6-8 · 134 students

Public

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 Asbury, NJ?

Ordered by distance from Asbury, not by size. Compare Asbury side by side with any of them.

Asbury housing market FAQ

Is Asbury a buyer's or seller's market?

Asbury, NJ is currently a seller's market based on the supply, pace-of-sale and sale-to-list data we hold for this city. Redfin's public market tracker last published in May 2026, so this classification will not move until a new source fills that gap.

How much do homes cost in Asbury?

The typical home in Asbury, NJ is worth $615,016 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $265,000.

Is Asbury cheaper than the rest of New Jersey?

Asbury's median sale price of $265,000 is 54% lower than the New Jersey statewide median of $579,900, and 35% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Asbury?

Homes in Asbury, NJ spent a median of 38 days on market before going under contract, versus 35 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Asbury?

At the current 30-year fixed rate of 7.03%, 20% down on a $615,016 home is about $3,283 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $140,713 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $119,250.

Are home prices rising in Asbury?

The typical home value in Asbury, NJ rose 4.9% over the last 12 months, from $586,100 to $615,016 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Asbury?

Asbury ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Asbury?

That depends on your timeline, not on a headline. What the data says today: Asbury, NJ is a seller's market, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $615,016, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.