Asbury Park, NJ
Housing market overview · Updated weekly
$650,000median sale price
Homes sold
12
Last 12 weeks
Days on market
121
Average pace
Active listings
71
5.9 months supply
Sale-to-list
96.6%
Below asking
The Asbury Park housing market is currently classified as a buyer's market with a median sale price of $650,000. Prices have fallen 1.7% compared to last year, with homes spending an average of 121 days on market, indicating 5.9 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Asbury Park?
The median home sale price in Asbury Park is $650,000, down 1.7% from last year.
How long do homes stay on market in Asbury Park?
Homes typically spend 121 days on market before going under contract.
Is Asbury Park a buyer's or seller's market?
With 5.9 months of supply, Asbury Park is currently a buyer's market.
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