Red Bank, NJ Housing Market & Real Estate

Seller's market-13.3% YoY

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?

Seller's market1.6 months of supply31 avg. days on 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

Current housing market statistics for Red Bank, NJ
MetricValue
Median sale price$565,000
Median list price$759,950
Year-over-year price change-13.3%
Average days on market31 days
Active inventory21 listings
Months of supply1.6 months
Sale-to-list price ratio98.8%
Market conditionSeller'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

Price drops:9.5%of listings
Sale-to-list:98.8%

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

Public

Fairview Elementary School

Grades PK-5 · 300 students

Public

River Plaza Elementary School

Grades K-5 · 262 students

Public

Red Bank Charter School

Grades PK-8 · 187 students

Charter

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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