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Featured local agent — Asbury Park, NJ
Sarah Mitchell
Compass Real Estate · Asbury Park, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Asbury Park, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$980,000median sale price
How is the Asbury Park, NJ housing market right now?
The median home sale price in Asbury Park, NJ is $980,000, up 44.1% year-over-year. Homes sell in an average of 71 days with 74 active listings. The market is currently a leaning buyer's. (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 Asbury Park a buyer's or seller's market?
Asbury Park, NJ is currently a leaning buyer's, based on 4.9 months of supply and homes selling in about 71 days. How we determine this →
Homes sold
15
Last 12 weeks
Days on market
71
Average pace
Active listings
74
4.9 months supply
Sale-to-list
99.5%
Below asking
What does the Asbury Park housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $980,000 |
| Median list price | $1.28M |
| Year-over-year price change | +44.1% |
| Average days on market | 71 days |
| Active inventory | 74 listings |
| Months of supply | 4.9 months |
| Sale-to-list price ratio | 99.5% |
| Median price per sq ft | $744/sq ft |
| Homes sold (latest month) | 15 |
| New listings (latest month) | 40 |
| Listings with a price cut | 31.1% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Asbury Park by property type?
How the Asbury Park, 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 | $980,000 | $545/sq ft | 3 | 59 days |
| Condo / Co-op | $987,000 | $762/sq ft | 12 | 83 days |
| Townhouse | $840,000 | $837/sq ft | 1 | 96 days |
Source: Redfin · Updated monthly
The Asbury Park housing market is currently classified as a leaning buyer's with a median sale price of $980,000. Prices have risen 44.1% compared to last year, with homes spending an average of 71 days on market, indicating 4.9 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 9.9x provides context for how home values compare to local earning capacity.
Homes for sale in Asbury Park
There are currently 74 homes listed for sale in Asbury Park, New Jersey. The median listing price is $1.3M.
Active listings
74
Homes on market
Median list price
$1.3M
Avg. days on market
71
Days until sale
New this week
40
Newly listed
Who lives in Asbury Park?
Population
15,239
Median income
$71,080/yr
Median age
38.3 years
Owner-occupied
29.3%
College grads
44.4%
Avg commute
25.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Asbury Park?
Zillow home value
$701,724
Zillow rent index
$2,872/mo
Price-to-rent ratio
20.4x
Price-to-income
9.9x
Source: Zillow Research
What is it like to live in Asbury Park?
Asbury Park is a community of approximately 15K residents with a median age of 38.3 years.The median household income is $71,080, which represents a working-class community with solid middle-income opportunities. 44.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 29.3%, showing a blend of owner and renter-occupied properties. The average commute time is 25.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Asbury Park offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve 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
Thurgood Marshall Elementary School
Grades PK-5 · 336 students
Bradley Elementary School
Grades PK-5 · 336 students
Dr. Martin Luther King Jr. Middle School
Grades 6-8 · 287 students
Hope Academy Charter School
Grades K-8 · 281 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 Asbury Park, NJ?
Want a head-to-head view? Compare Asbury Park side-by-side with any other U.S. city using our market-comparison tool.
Is Asbury Park a good real estate investment market?
For investors evaluating Asbury Park, the price-to-rent ratio of 20.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 44.1% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Asbury Park's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Asbury Park's median home price.
Frequently asked questions
What is the average home price in Asbury Park?
The median home sale price in Asbury Park is $980,000, up 44.1% from last year.
How long do homes stay on market in Asbury Park?
Homes typically spend 71 days on market before going under contract.
What is the median income in Asbury Park?
The median household income is $71,080 per year.
Is Asbury Park a buyer's or seller's market?
With 4.9 months of supply, Asbury Park is currently a leaning buyer's.
What is the Zillow home value estimate for Asbury Park?
The Zillow Home Value Index (ZHVI) for Asbury Park is $701,724, representing the typical home value in the area.
What is the median condo price in Asbury Park?
The median condo/co-op sale price in Asbury Park, NJ is $987,000, compared to $980,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Asbury Park?
The median single-family home price in Asbury Park, NJ is $980,000 (about $545 per square foot).
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