Asbury Park, NJ Housing Market & Real Estate

Buyer's market-1.7% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Asbury Park, NJ is $650,000, down 1.7% year-over-year. Homes sell in an average of 121 days with 71 active listings. The market is currently a buyer's market.

$650,000median sale price

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

Buyer's market5.9 months of supply121 avg. days on market

Asbury Park, NJ is currently a buyer's market, based on 5.9 months of supply and homes selling in about 121 days. How we determine this →

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

Asbury Park, NJ market data

Current housing market statistics for Asbury Park, NJ
MetricValue
Median sale price$650,000
Median list price$749,450
Year-over-year price change-1.7%
Average days on market121 days
Active inventory71 listings
Months of supply5.9 months
Sale-to-list price ratio96.6%
Market conditionBuyer's market

Source: Redfin · Updated weekly

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

Homes for sale in Asbury Park

There are currently 71 homes listed for sale in Asbury Park, New Jersey. The median listing price is $749K.

Active listings

71

Homes on market

Median list price

$749K

Avg. days on market

121

Days until sale

New this week

26

Newly listed

Price drops:18.3%of listings
Sale-to-list:96.6%

Top public schools in Asbury Park

5 schools tracked · 1,610 students

The largest public schools serving Asbury Park, 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.

Asbury Park High School

Grades 9-12 · 370 students

Public

Thurgood Marshall Elementary School

Grades PK-5 · 336 students

Public

Bradley Elementary School

Grades PK-5 · 336 students

Public

Dr. Martin Luther King Jr. Middle School

Grades 6-8 · 287 students

Public

Hope Academy Charter School

Grades K-8 · 281 students

Charter

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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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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