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Featured local agent — Spring Lake, NJ
Sarah Mitchell
Compass Real Estate · Spring Lake, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Spring Lake, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$2.76Mmedian sale price
How is the Spring Lake, NJ housing market right now?
The median home sale price in Spring Lake, NJ is $2.76M, up 7.7% year-over-year. Homes sell in an average of 28 days with 11 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Spring Lake a buyer's or seller's market?
Spring Lake, NJ is currently a seller's market, based on 1.8 months of supply and homes selling in about 28 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
28
Average pace
Active listings
11
1.8 months supply
Sale-to-list
95.9%
Below asking
What does the Spring Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $2.76M |
| Median list price | $9.90M |
| Year-over-year price change | +7.7% |
| Average days on market | 28 days |
| Active inventory | 11 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 95.9% |
| Median price per sq ft | $1,306/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 3 |
| Listings with a price cut | 36.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Spring Lake by property type?
How the Spring Lake, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $5.53M | $1,489/sq ft | 4 | 21 days |
| Condo / Co-op | $557,450 | $1,189/sq ft | 2 | 33 days |
Source: Redfin · Updated monthly
The Spring Lake housing market is currently classified as a seller's market with a median sale price of $2.76M. Prices have risen 7.7% compared to last year, with homes spending an average of 28 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 10.3x provides context for how home values compare to local earning capacity.
Homes for sale in Spring Lake
There are currently 11 homes listed for sale in Spring Lake, New Jersey. The median listing price is $9.9M.
Active listings
11
Homes on market
Median list price
$9.9M
Avg. days on market
28
Days until sale
New this week
3
Newly listed
Who lives in Spring Lake?
Population
2,782
Median income
$146,976/yr
Median age
61.4 years
Owner-occupied
88.2%
College grads
81.3%
Avg commute
34.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Spring Lake?
Zillow home value
$1.52M
Zillow rent index
$5,642/mo
Price-to-rent ratio
22.4x
Price-to-income
10.3x
Source: Zillow Research
What is it like to live in Spring Lake?
Spring Lake is a community of approximately 3K residents with a median age of 61.4 years.The median household income is $146,976, which reflects a relatively affluent area with strong earning potential. 81.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 88.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 34.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Spring Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Spring Lake?
1 schools tracked · 141 students
The largest public schools serving Spring Lake, 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.
H W Mountz Elementary School
Grades PK-8 · 141 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Spring Lake, NJ?
Want a head-to-head view? Compare Spring Lake side-by-side with any other U.S. city using our market-comparison tool.
Is Spring Lake a good real estate investment market?
For investors evaluating Spring Lake, the price-to-rent ratio of 22.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 7.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Spring Lake's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Spring Lake's median home price.
Frequently asked questions
What is the average home price in Spring Lake?
The median home sale price in Spring Lake is $2.76M, up 7.7% from last year.
How long do homes stay on market in Spring Lake?
Homes typically spend 28 days on market before going under contract.
What is the median income in Spring Lake?
The median household income is $146,976 per year.
Is Spring Lake a buyer's or seller's market?
With 1.8 months of supply, Spring Lake is currently a seller's market.
What is the Zillow home value estimate for Spring Lake?
The Zillow Home Value Index (ZHVI) for Spring Lake is $1.52M, representing the typical home value in the area.
What is the median condo price in Spring Lake?
The median condo/co-op sale price in Spring Lake, NJ is $557,450, compared to $5.53M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Spring Lake?
The median single-family home price in Spring Lake, NJ is $5.53M (about $1,489 per square foot).
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