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Featured local agent — Forked River, NJ
Sarah Mitchell
Compass Real Estate · Forked River, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Forked River, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$525,000median sale price
How is the Forked River, NJ housing market right now?
The median home sale price in Forked River, NJ is $525,000, up 7.1% year-over-year. Homes sell in an average of 41 days with 28 active listings. The market is currently a seller's market. (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 Forked River a buyer's or seller's market?
Forked River, NJ is currently a seller's market, based on 2.2 months of supply and homes selling in about 41 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
41
Average pace
Active listings
28
2.2 months supply
Sale-to-list
99.0%
Below asking
What does the Forked River housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $525,000 |
| Median list price | $449,995 |
| Year-over-year price change | +7.1% |
| Average days on market | 41 days |
| Active inventory | 28 listings |
| Months of supply | 2.2 months |
| Sale-to-list price ratio | 99.0% |
| Median price per sq ft | $333/sq ft |
| Homes sold (latest month) | 13 |
| New listings (latest month) | 18 |
| Listings with a price cut | 39.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Forked River by property type?
How the Forked River, 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 | $617,000 | $391/sq ft | 9 | 47 days |
| Condo / Co-op | $454,950 | $298/sq ft | 4 | 16 days |
Source: Redfin · Updated monthly
The Forked River housing market is currently classified as a seller's market with a median sale price of $525,000. Prices have risen 7.1% compared to last year, with homes spending an average of 41 days on market, indicating 2.2 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 5.9x provides context for how home values compare to local earning capacity.
Homes for sale in Forked River
There are currently 28 homes listed for sale in Forked River, New Jersey. The median listing price is $450K.
Active listings
28
Homes on market
Median list price
$450K
Avg. days on market
41
Days until sale
New this week
18
Newly listed
Who lives in Forked River?
Population
4,988
Median income
$87,455/yr
Median age
48.1 years
Owner-occupied
91.3%
College grads
24.4%
Avg commute
32 min
Source: U.S. Census Bureau ACS
What are homes worth in Forked River?
Zillow home value
$515,031
Price-to-income
5.9x
Source: Zillow Research
What is it like to live in Forked River?
Forked River is a community of approximately 5K residents with a median age of 48.1 years.The median household income is $87,455, which reflects a relatively affluent area with strong earning potential. 24.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 91.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 32 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Forked River offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Forked River?
3 schools tracked · 1,306 students
The largest public schools serving Forked River, 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.
Lacey Township Middle School
Grades 6-8 · 845 students
Forked River Elementary School
Grades 1-5 · 461 students
OCEAN RCH
Grades 7-12
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 Forked River, NJ?
Want a head-to-head view? Compare Forked River side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Forked River?
The median home sale price in Forked River is $525,000, up 7.1% from last year.
How long do homes stay on market in Forked River?
Homes typically spend 41 days on market before going under contract.
What is the median income in Forked River?
The median household income is $87,455 per year.
Is Forked River a buyer's or seller's market?
With 2.2 months of supply, Forked River is currently a seller's market.
What is the Zillow home value estimate for Forked River?
The Zillow Home Value Index (ZHVI) for Forked River is $515,031, representing the typical home value in the area.
What is the median condo price in Forked River?
The median condo/co-op sale price in Forked River, NJ is $454,950, compared to $617,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Forked River?
The median single-family home price in Forked River, NJ is $617,000 (about $391 per square foot).
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