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Featured local agent — Avenel, NJ
Sarah Mitchell
Compass Real Estate · Avenel, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Avenel, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$433,000median sale price
How is the Avenel, NJ housing market right now?
The median home sale price in Avenel, NJ is $433,000, down 13.4% year-over-year. Homes sell in an average of 69 days with 38 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 Avenel a buyer's or seller's market?
Avenel, NJ is currently a leaning buyer's, based on 4.8 months of supply and homes selling in about 69 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
69
Average pace
Active listings
38
4.8 months supply
Sale-to-list
98.9%
Below asking
What does the Avenel housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $433,000 |
| Median list price | $499,450 |
| Year-over-year price change | -13.4% |
| Average days on market | 69 days |
| Active inventory | 38 listings |
| Months of supply | 4.8 months |
| Sale-to-list price ratio | 98.9% |
| Median price per sq ft | $441/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 14 |
| Listings with a price cut | 13.2% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Avenel by property type?
How the Avenel, 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 | $433,000 | $441/sq ft | 8 | 69 days |
| Condo / Co-op | $388,000 | — | 1 | 20 days |
| Townhouse | $420,000 | $420/sq ft | 1 | 33 days |
Source: Redfin · Updated monthly
The Avenel housing market is currently classified as a leaning buyer's with a median sale price of $433,000. Prices have fallen 13.4% compared to last year, with homes spending an average of 69 days on market, indicating 4.8 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 5.6x provides context for how home values compare to local earning capacity.
Homes for sale in Avenel
There are currently 38 homes listed for sale in Avenel, New Jersey. The median listing price is $499K.
Active listings
38
Homes on market
Median list price
$499K
Avg. days on market
69
Days until sale
New this week
14
Newly listed
Who lives in Avenel?
Population
17,143
Median income
$95,935/yr
Median age
39.3 years
Owner-occupied
49.7%
College grads
29.4%
Avg commute
34 min
Source: U.S. Census Bureau ACS
What are homes worth in Avenel?
Zillow home value
$538,391
Price-to-income
5.6x
Source: Zillow Research
What is it like to live in Avenel?
Avenel is a community of approximately 17K residents with a median age of 39.3 years.The median household income is $95,935, which reflects a relatively affluent area with strong earning potential. 29.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 49.7%, showing a blend of owner and renter-occupied properties. The average commute time is 34 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Avenel offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Avenel?
4 schools tracked · 1,397 students
The largest public schools serving Avenel, 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.
Avenel Middle School
Grades 6-8 · 559 students
Woodbine Avenue Elementary School
Grades K-5 · 421 students
Avenel Street Elementary School
Grades K-5 · 417 students
ADULT DIAGNOSTIC AND TREATMENT CENTER
Grade range n/a
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 Avenel, NJ?
Want a head-to-head view? Compare Avenel side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Avenel?
The median home sale price in Avenel is $433,000, down 13.4% from last year.
How long do homes stay on market in Avenel?
Homes typically spend 69 days on market before going under contract.
What is the median income in Avenel?
The median household income is $95,935 per year.
Is Avenel a buyer's or seller's market?
With 4.8 months of supply, Avenel is currently a leaning buyer's.
What is the Zillow home value estimate for Avenel?
The Zillow Home Value Index (ZHVI) for Avenel is $538,391, representing the typical home value in the area.
What is the median condo price in Avenel?
The median condo/co-op sale price in Avenel, NJ is $388,000, compared to $433,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Avenel?
The median single-family home price in Avenel, NJ is $433,000 (about $441 per square foot).
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