Red Bank, NJ Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Red Bank, NJ is $565,000, down 13.3% year-over-year. Homes sell in an average of 31 days with 21 active listings. The market is currently a seller's market.
$565,000median sale price
Is Red Bank a buyer's or seller's market?
Red Bank, NJ is currently a seller's market, based on 1.6 months of supply and homes selling in about 31 days. How we determine this →
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
Red Bank, NJ market data
| Metric | Value |
|---|---|
| Median sale price | $565,000 |
| Median list price | $759,950 |
| Year-over-year price change | -13.3% |
| Average days on market | 31 days |
| Active inventory | 21 listings |
| Months of supply | 1.6 months |
| Sale-to-list price ratio | 98.8% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
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
Homes for sale in Red Bank
There are currently 21 homes listed for sale in Red Bank, New Jersey. The median listing price is $760K.
Active listings
21
Homes on market
Median list price
$760K
Avg. days on market
31
Days until sale
New this week
12
Newly listed
Top public schools in Red Bank
4 schools tracked · 1,348 students
The largest public schools serving Red Bank, 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.
Red Bank Middle School
Grades 4-8 · 599 students
Fairview Elementary School
Grades PK-5 · 300 students
River Plaza Elementary School
Grades K-5 · 262 students
Red Bank Charter School
Grades PK-8 · 187 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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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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