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Featured local agent — Lavallette, NJ
Sarah Mitchell
Compass Real Estate · Lavallette, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lavallette, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.10Mmedian sale price
How is the Lavallette, NJ housing market right now?
The median home sale price in Lavallette, NJ is $1.10M, down 28.1% year-over-year. Homes sell in an average of 94 days with 12 active listings. The market is currently a buyer'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 Lavallette a buyer's or seller's market?
Lavallette, NJ is currently a buyer's market, based on 6.0 months of supply and homes selling in about 94 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
94
Average pace
Active listings
12
6.0 months supply
Sale-to-list
100.0%
Below asking
What does the Lavallette housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.10M |
| Median list price | $2.79M |
| Year-over-year price change | -28.1% |
| Average days on market | 94 days |
| Active inventory | 12 listings |
| Months of supply | 6.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $780/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 5 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Lavallette by property type?
How the Lavallette, 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 | $1.20M | — | 1 | 68 days |
| Condo / Co-op | $842,000 | $699/sq ft | 2 | 102 days |
Source: Redfin · Updated monthly
The Lavallette housing market is currently classified as a buyer's market with a median sale price of $1.10M. Prices have fallen 28.1% compared to last year, with homes spending an average of 94 days on market, indicating 6.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 10.2x provides context for how home values compare to local earning capacity.
Homes for sale in Lavallette
There are currently 12 homes listed for sale in Lavallette, New Jersey. The median listing price is $2.8M.
Active listings
12
Homes on market
Median list price
$2.8M
Avg. days on market
94
Days until sale
New this week
5
Newly listed
Who lives in Lavallette?
Population
1,836
Median income
$120,938/yr
Median age
61.4 years
Owner-occupied
82.0%
College grads
56.3%
Avg commute
39.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Lavallette?
Zillow home value
$1.23M
Price-to-income
10.2x
Source: Zillow Research
What is it like to live in Lavallette?
Lavallette is a community of approximately 2K residents with a median age of 61.4 years.The median household income is $120,938, which reflects a relatively affluent area with strong earning potential. 56.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 82.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 39.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lavallette offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lavallette?
1 schools tracked · 160 students
The largest public schools serving Lavallette, 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.
Lavallette Elementary School
Grades PK-8 · 160 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 Lavallette, NJ?
Want a head-to-head view? Compare Lavallette side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lavallette?
The median home sale price in Lavallette is $1.10M, down 28.1% from last year.
How long do homes stay on market in Lavallette?
Homes typically spend 94 days on market before going under contract.
What is the median income in Lavallette?
The median household income is $120,938 per year.
Is Lavallette a buyer's or seller's market?
With 6.0 months of supply, Lavallette is currently a buyer's market.
What is the Zillow home value estimate for Lavallette?
The Zillow Home Value Index (ZHVI) for Lavallette is $1.23M, representing the typical home value in the area.
What is the median condo price in Lavallette?
The median condo/co-op sale price in Lavallette, NJ is $842,000, compared to $1.20M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lavallette?
The median single-family home price in Lavallette, NJ is $1.20M.
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