Monmouth Junction, NJ

Seller's market-6.0% YoY

Housing market overview · Updated weekly

$510,000median sale price

Homes sold

6

Last 12 weeks

Days on market

74

Average pace

Active listings

17

2.8 months supply

Sale-to-list

101.2%

Above asking

The Monmouth Junction housing market is currently classified as a seller's market with a median sale price of $510,000. Prices have fallen 6.0% compared to last year, with homes spending an average of 74 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Monmouth Junction

There are currently 17 homes listed for sale in Monmouth Junction, New Jersey. The median listing price is $519K.

Active listings

17

Homes on market

Median list price

$519K

Avg. days on market

74

Days until sale

New this week

5

Newly listed

Price drops:11.8%of listings
Sale-to-list:101.2%

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Frequently asked questions

What is the average home price in Monmouth Junction?

The median home sale price in Monmouth Junction is $510,000, down 6.0% from last year.

How long do homes stay on market in Monmouth Junction?

Homes typically spend 74 days on market before going under contract.

Is Monmouth Junction a buyer's or seller's market?

With 2.8 months of supply, Monmouth Junction is currently a seller's market.

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