Red Bank, NJ
Housing market overview · Updated weekly
$565,000median sale price
Homes sold
13
Last 12 weeks
Days on market
31
Average pace
Active listings
21
1.6 months supply
Sale-to-list
98.8%
Below asking
The Red Bank housing market is currently classified as a seller's market with a median sale price of $565,000. Prices have fallen 13.3% compared to last year, with homes spending an average of 31 days on market, indicating 1.6 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 Red Bank?
The median home sale price in Red Bank is $565,000, down 13.3% from last year.
How long do homes stay on market in Red Bank?
Homes typically spend 31 days on market before going under contract.
Is Red Bank a buyer's or seller's market?
With 1.6 months of supply, Red Bank is currently a seller's market.
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