Long Branch, NJ
Housing market overview · Updated weekly
$773,750median sale price
Homes sold
14
Last 12 weeks
Days on market
63
Average pace
Active listings
113
8.1 months supply
Sale-to-list
93.9%
Below asking
The Long Branch housing market is currently classified as a buyer's market with a median sale price of $773,750. Prices have fallen 18.6% compared to last year, with homes spending an average of 63 days on market, indicating 8.1 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Long Branch?
The median home sale price in Long Branch is $773,750, down 18.6% from last year.
How long do homes stay on market in Long Branch?
Homes typically spend 63 days on market before going under contract.
Is Long Branch a buyer's or seller's market?
With 8.1 months of supply, Long Branch is currently a buyer's market.
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