Ocean Grove, NJ Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Ocean Grove, NJ is $521,119, down 26.6% year-over-year. Homes sell in an average of 33 days with 7 active listings. The market is currently a balanced market.
$521,119median sale price
Is Ocean Grove a buyer's or seller's market?
Ocean Grove, NJ is currently a balanced market, based on 7.0 months of supply and homes selling in about 33 days. How we determine this →
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
Ocean Grove, NJ market data
| Metric | Value |
|---|---|
| Median sale price | $521,119 |
| Median list price | $779,000 |
| Year-over-year price change | -26.6% |
| Average days on market | 33 days |
| Active inventory | 7 listings |
| Months of supply | 7.0 months |
| Sale-to-list price ratio | 104.4% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
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
Homes for sale in Ocean Grove
There are currently 7 homes listed for sale in Ocean Grove, New Jersey. The median listing price is $779K.
Active listings
7
Homes on market
Median list price
$779K
Avg. days on market
33
Days until sale
New this week
3
Newly listed
Explore nearby cities in NJ
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.
Get Ocean Grove market alerts
Weekly updates on prices, inventory, and trends. Free forever.