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Featured local agent — Monmouth Junction, NJ
Sarah Mitchell
Compass Real Estate · Monmouth Junction, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Monmouth Junction, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$740,000median sale price
How is the Monmouth Junction, NJ housing market right now?
The median home sale price in Monmouth Junction, NJ is $740,000, up 31.0% year-over-year. Homes sell in an average of 59 days with 25 active listings. The market is currently a balanced 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 Monmouth Junction a buyer's or seller's market?
Monmouth Junction, NJ is currently a balanced market, based on 5.0 months of supply and homes selling in about 59 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
59
Average pace
Active listings
25
5.0 months supply
Sale-to-list
100.4%
Above asking
What does the Monmouth Junction housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $740,000 |
| Median list price | $805,000 |
| Year-over-year price change | +31.0% |
| Average days on market | 59 days |
| Active inventory | 25 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 100.4% |
| Median price per sq ft | $363/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 10 |
| Listings with a price cut | 12.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Monmouth Junction by property type?
How the Monmouth Junction, 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 | $740,000 | $363/sq ft | 5 | 59 days |
| Condo / Co-op | $255,000 | $300/sq ft | 1 | 122 days |
| Townhouse | $625,000 | — | 1 | 44 days |
Source: Redfin · Updated monthly
The Monmouth Junction housing market is currently classified as a balanced market with a median sale price of $740,000. Prices have risen 31.0% compared to last year, with homes spending an average of 59 days on market, indicating 5.0 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 5.6x provides context for how home values compare to local earning capacity.
Homes for sale in Monmouth Junction
There are currently 25 homes listed for sale in Monmouth Junction, New Jersey. The median listing price is $805K.
Active listings
25
Homes on market
Median list price
$805K
Avg. days on market
59
Days until sale
New this week
10
Newly listed
Who lives in Monmouth Junction?
Population
9,457
Median income
$125,892/yr
Median age
40.2 years
Owner-occupied
63.4%
College grads
72.9%
Avg commute
34.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Monmouth Junction?
Zillow home value
$702,798
Zillow rent index
$2,612/mo
Price-to-rent ratio
22.4x
Price-to-income
5.6x
Source: Zillow Research
What is it like to live in Monmouth Junction?
Monmouth Junction is a community of approximately 9K residents with a median age of 40.2 years.The median household income is $125,892, which reflects a relatively affluent area with strong earning potential. 72.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 63.4%, showing a blend of owner and renter-occupied properties. The average commute time is 34.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Monmouth Junction offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Monmouth Junction?
5 schools tracked · 5,433 students
The largest public schools serving Monmouth Junction, 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.
South Brunswick High School
Grades 9-12 · 2,728 students
Crossroads North Middle School
Grades 6-8 · 961 students
Crossroads South Middle School
Grades 6-8 · 923 students
Brooks Crossing Elementary School
Grades K-5 · 540 students
Monmouth Junction Elementary School
Grades K-5 · 281 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 Monmouth Junction, NJ?
Want a head-to-head view? Compare Monmouth Junction side-by-side with any other U.S. city using our market-comparison tool.
Is Monmouth Junction a good real estate investment market?
For investors evaluating Monmouth Junction, the price-to-rent ratio of 22.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 31.0% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Monmouth Junction's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Monmouth Junction's median home price.
Frequently asked questions
What is the average home price in Monmouth Junction?
The median home sale price in Monmouth Junction is $740,000, up 31.0% from last year.
How long do homes stay on market in Monmouth Junction?
Homes typically spend 59 days on market before going under contract.
What is the median income in Monmouth Junction?
The median household income is $125,892 per year.
Is Monmouth Junction a buyer's or seller's market?
With 5.0 months of supply, Monmouth Junction is currently a balanced market.
What is the Zillow home value estimate for Monmouth Junction?
The Zillow Home Value Index (ZHVI) for Monmouth Junction is $702,798, representing the typical home value in the area.
What is the median condo price in Monmouth Junction?
The median condo/co-op sale price in Monmouth Junction, NJ is $255,000, compared to $740,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Monmouth Junction?
The median single-family home price in Monmouth Junction, NJ is $740,000 (about $363 per square foot).
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