Ocean Grove, NJ

Balanced market-26.6% YoY

Housing market overview · Updated weekly

$521,119median sale price

Homes sold

1

Last 12 weeks

Days on market

33

Average pace

Active listings

7

7.0 months supply

Sale-to-list

104.4%

Above asking

The Ocean Grove housing market is currently classified as a balanced market with a median sale price of $521,119. Prices have fallen 26.6% compared to last year, with homes spending an average of 33 days on market, indicating 7.0 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

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Frequently asked questions

What is the average home price in Ocean Grove?

The median home sale price in Ocean Grove is $521,119, down 26.6% from last year.

How long do homes stay on market in Ocean Grove?

Homes typically spend 33 days on market before going under contract.

Is Ocean Grove a buyer's or seller's market?

With 7.0 months of supply, Ocean Grove is currently a balanced market.

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