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Sarah Mitchell

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Compass Real Estate · Leisure Village, NJ

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Leisure Village, NJ(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Leisure Village, NJ Housing Market

Leaning buyer's+19.4% YoY
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The last median sale price Redfin published was $215,000, +19.4% year over year (through May 2026). With 4.9 months of supply and homes going under contract in about 44 days, Leisure Village is a leaning buyer's. At today's 7.03% 30-year fixed rate, 20% down on a $215,000 home is about $1,148/mo in principal and interest.

Key numbers for Leisure Village, NJ

Median sale price

$215,000

+19.4% year over year

Redfin, through May 2026

Days on market

44

Average pace

Redfin, through May 2026

Active listings

64

4.9 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$42,705

Home costs 5.0x income

U.S. Census ACS, 2023

Sale-to-list ratio

95.8%

Selling below asking

Redfin, through May 2026

Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Leisure Village a buyer's or seller's market?

Leaning buyer's4.9 months of supply44 days on market95.8% of asking

Leisure Village, NJ is a leaning buyer's, based on 4.9 months of supply and homes selling in about 44 days. 4 to 5 months of supply is the neutral band: neither side holds a structural advantage, and outcomes turn on the individual property.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Leisure Village housing market data show?

Every row below is Redfin's final published month for Leisure Village, NJ. Redfin, through May 2026

Housing market statistics for Leisure Village, NJ, Redfin through May 2026
MetricValue
Median sale price$215,000
Median list price$199,350
Year-over-year price change+19.4%
Median price per sq ft$199/sq ft
Median days on market44 days
Active inventory64 listings
Months of supply4.9 months
Sale-to-list price ratio95.8%
Homes sold (that month)13
New listings (that month)18
Listings with a price cut34.4%
Market conditionLeaning buyer's

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Leisure Village is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Leisure Village is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Leisure Village home prices moved?

Over the last three years the median sale price in Leisure Village, NJ rose 30.3%, from $165,000 to $215,000. 34.4% of Leisure Village listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 4.9 months while the sale-to-list ratio slips below its current 95.8%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Leisure Village?

Priced off the median sale price of $215,000 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Leisure Village, NJ
Down paymentCash at closeLoan amountMonthly P&I
20%$43,000$172,000$1,148/mo
5%$10,750$204,250$1,363/mo

Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,148, that implies roughly $49,191 a year before you add taxes and insurance. The median household in Leisure Village earns $42,705, about $6,486 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 5.0x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Leisure Village in the next 12 months?

Tell us your timeline. We send the Leisure Village market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Leisure Village?

Zillow does not publish a rent index (ZORI) for Leisure Village, NJ, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Leisure Village?

Active listings in Leisure Village, NJ went from 47 in May 2025 to 64 in May 2026, a +36.2% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.

Active listings by month in Leisure Village, NJ
MonthActive listingsNew listings
June 20255023
July 20254515
August 20254515
September 20254316
October 20254725
November 20255518
December 20255413
January 20265222
February 20265313
March 20265121
April 20266034
May 20266418

Redfin, through May 2026

How does Leisure Village compare to New Jersey and the U.S.?

Leisure Village homes sell for $215,000 — 63% below the New Jersey median of $579,900. Against the national median of $410,700, Leisure Village runs 48% lower. Year-over-year, Leisure Village moved +19.4% against New Jersey's +3.7% — a bigger swing than the state as a whole.

Leisure Village, NJ compared with New Jersey and the United States
MarketMedian sale priceYoYDays on market
Leisure Village, NJ$215,000+19.4%44 days
New Jersey statewide$579,900+3.7%35 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Leisure Village

What buyers should watch

  • Months of supply, currently 4.9. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 34.4%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $215 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $215,000 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Leisure Village listing goes under contract in 44 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 95.8% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Leisure Village added 18 new listings against 13 sales — more competition arriving than clearing, so early timing matters.
  • Comparable ZIP-level pricing inside Leisure Village varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Leisure Village

There are currently 64 homes listed for sale in Leisure Village, New Jersey. The median listing price is $199K. Featured listings range from $127,900 to $259,000.

1 bedroom condo for sale at 479 Dartmoor Ct Unit B Leisure Village 08701 - $127,900
18
$127,900

479 Dartmoor Ct Unit B

Leisure Village, NJ 08701

1 bd1 ba663 sqft$193/ft²
Condo436 sqft lot

Laura Ianiro · Keller Williams Shore Properties

View photos & details
2 bedroom condo for sale at 522A Thornbury Ct Leisure Village 08701 - $150,000
14
$150,000

522A Thornbury Ct

Leisure Village, NJ 08701

2 bd1 ba1,236 sqft$121/ft²
Condo

Bonnie Hogan · Nelson Realtors

View photos & details
2 bedroom condo for sale at 503A Thornbury Ct Leisure Village 08701 - $172,000
21
$172,000

503A Thornbury Ct

Leisure Village, NJ 08701

2 bd1 ba982 sqft$175/ft²
Condo1,307 sqft lot

Laurie Sullivan · Keller Williams Shore Properties

View photos & details
2 bedroom condo for sale at 167A Huntington Dr Leisure Village 08701 - $179,000
New Listing
27
$179,000

167A Huntington Dr

Leisure Village, NJ 08701

2 bd1 ba858 sqft$209/ft²
Condo871 sqft lot

Kate Jahns · EXP Realty

View photos & details
2 bedroom house for sale at 308C Malvern Ct Unit C Leisure Village 08701 - $184,900
New ListingPrice Drop −$5K
28
$184,900

308C Malvern Ct Unit C

Leisure Village, NJ 08701

2 bd1 ba858 sqft$216/ft²
House871 sqft lot

Marlene Mango · Diane Turton, Realtors-Brick

View photos & details
2 bedroom condo for sale at 50B Cambridge Ct Unit 100B Leisure Village 08701 - $192,000
New Listing
17
$192,000

50B Cambridge Ct Unit 100B

Leisure Village, NJ 08701

2 bd1 ba1,486 sqft$129/ft²
Condo7,405 sqft lot

Yehuda Neustadt · Keller Williams Shore Properties

View photos & details
2 bedroom condo for sale at 651B Plymouth Dr Unit B Leisure Village 08701 - $199,651
New Listing
27
$199,651

651B Plymouth Dr Unit B

Leisure Village, NJ 08701

2 bd1 ba858 sqft$233/ft²
Condo871 sqft lot

Teri Idarola Harley · RE/MAX Bay Point Realtors

View photos & details
2 bedroom condo for sale at 653F Plymouth Dr Leisure Village 08701 - $199,999
New Listing
34
$199,999

653F Plymouth Dr

Leisure Village, NJ 08701

2 bd1 ba858 sqft$233/ft²
Condo436 sqft lot

Mark Czerwinski · Keller Williams Realty Westfield

View photos & details
2 bedroom condo for sale at 280B Kingston Ct Unit 2001 Leisure Village 08701 - $210,000
New Listing
16
$210,000

280B Kingston Ct Unit 2001

Leisure Village, NJ 08701

2 bd1 ba982 sqft$214/ft²
Condo1,307 sqft lot

Stephanie Haupt · RE/MAX Revolution

View photos & details
2 bedroom condo for sale at 634A Huntington Dr Leisure Village 08701 - $220,000
New Listing
26
$220,000

634A Huntington Dr

Leisure Village, NJ 08701

2 bd2 ba1,490 sqft$148/ft²
Condo1,307 sqft lot

Kari Mcguiness · Crossroads Realty, Inc.

View photos & details
2 bedroom condo for sale at 644 Plymouth Dr Unit B Leisure Village 08701 - $250,000
New Listing
5
$250,000

644 Plymouth Dr Unit B

Leisure Village, NJ 08701

2 bd1 ba982 sqft$255/ft²
Condo1,307 sqft lot

Toni Ann Muro · Keller Williams Shore Properties

View photos & details
2 bedroom condo for sale at 699A Plymouth Dr Unit 699A Leisure Village 08701 - $259,000
55
$259,000

699A Plymouth Dr Unit 699A

Leisure Village, NJ 08701

2 bd1 ba982 sqft$264/ft²
Condo1,307 sqft lot

Mario Bottieri · Goldstone Realty

View photos & details

Looking to buy in Leisure Village?

Get connected with a local real estate expert — free, no obligation.

Active listings

64

Homes on market

Median list price

$199K

Avg. days on market

44

Days until sale

New this week

18

Newly listed

Price drops:34.4%of listings
Sale-to-list:95.8%

How much do homes cost in Leisure Village by property type?

How the Leisure Village, NJ market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Leisure Village, NJ
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$215,000$199/sq ft1344 days
Condo / co-op$228,000$198/sq ft247 days
Townhouse$185,000$176/sq ft121 days

Who lives in Leisure Village?

American Community Survey estimates for Leisure Village. U.S. Census ACS, 2023

Population

6,307

Households

2,721

Median income

$42,705/yr

Median age

54.9 years

Owner-occupied

61.3%

Median home value

$127,000

Median gross rent

$1,725/mo

Mean commute

34.7 min

61.3% of occupied homes in Leisure Village are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.

Which cities are near Leisure Village, NJ?

Ordered by distance from Leisure Village, not by size. Compare Leisure Village side by side with any of them.

Which ZIP codes are in Leisure Village?

These are the ZIP codes we see on active Leisure Village listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.

Leisure Village housing market FAQ

Is Leisure Village a buyer's or seller's market?

Leisure Village, NJ is currently a leaning buyer's. That read comes from 4.9 months of supply, homes going under contract in about 44 days, and sellers getting 95.8% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Leisure Village?

The median sale price in the last month Redfin published was $215,000, about $199 per square foot.

Is Leisure Village cheaper than the rest of New Jersey?

Leisure Village's median sale price of $215,000 is 63% lower than the New Jersey statewide median of $579,900, and 48% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Leisure Village?

Homes in Leisure Village, NJ spent a median of 44 days on market before going under contract, versus 35 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Leisure Village?

At the current 30-year fixed rate of 7.03%, 20% down on a $215,000 home is about $1,148 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $49,191 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $42,705.

Are home prices rising in Leisure Village?

Redfin's last published year-over-year change for Leisure Village, NJ was +19.4%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.

What are the cheapest ZIP codes in Leisure Village?

Leisure Village ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Leisure Village?

That depends on your timeline, not on a headline. What the data says today: Leisure Village, NJ is a leaning buyer's with 4.9 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.