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Featured local agent — Monroe Manor, NJ
Sarah Mitchell
Compass Real Estate · Monroe Manor, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Monroe Manor, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$690,000median sale price
How is the Monroe Manor, NJ housing market right now?
The median home sale price in Monroe Manor, NJ is $690,000. Homes sell in an average of 47 days with 6 active listings. The market is currently a leaning buyer's. (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 Monroe Manor a buyer's or seller's market?
Monroe Manor, NJ is currently a leaning buyer's, based on 6.0 months of supply and homes selling in about 47 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
47
Average pace
Active listings
6
6.0 months supply
Sale-to-list
98.6%
Below asking
What does the Monroe Manor housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $690,000 |
| Median list price | $875,000 |
| Average days on market | 47 days |
| Active inventory | 6 listings |
| Months of supply | 6.0 months |
| Sale-to-list price ratio | 98.6% |
| Median price per sq ft | $382/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Listings with a price cut | 33.3% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Monroe Manor by property type?
How the Monroe Manor, 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 | $690,000 | $382/sq ft | 1 | 47 days |
| Condo / Co-op | $441,100 | $291/sq ft | 1 | 48 days |
Source: Redfin · Updated monthly
The Monroe Manor housing market is currently classified as a leaning buyer's with a median sale price of $690,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 47 days on market, indicating 6.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Monroe Manor
There are currently 6 homes listed for sale in Monroe Manor, New Jersey. The median listing price is $875K.
Active listings
6
Homes on market
Median list price
$875K
Avg. days on market
47
Days until sale
New this week
1
Newly listed
Who lives in Monroe Manor?
Population
2,308
Median income
$160,833/yr
Median age
40.1 years
Owner-occupied
75.3%
College grads
73.2%
Avg commute
38.6 min
Source: U.S. Census Bureau ACS
What is it like to live in Monroe Manor?
Monroe Manor is a community of approximately 2K residents with a median age of 40.1 years.The median household income is $160,833, which reflects a relatively affluent area with strong earning potential. 73.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 75.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 38.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Monroe Manor offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Monroe Manor, NJ?
Want a head-to-head view? Compare Monroe Manor side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Monroe Manor?
The median home sale price in Monroe Manor is $690,000, down 0.0% from last year.
How long do homes stay on market in Monroe Manor?
Homes typically spend 47 days on market before going under contract.
What is the median income in Monroe Manor?
The median household income is $160,833 per year.
Is Monroe Manor a buyer's or seller's market?
With 6.0 months of supply, Monroe Manor is currently a leaning buyer's.
What is the median condo price in Monroe Manor?
The median condo/co-op sale price in Monroe Manor, NJ is $441,100, compared to $690,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Monroe Manor?
The median single-family home price in Monroe Manor, NJ is $690,000 (about $382 per square foot).
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