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Featured local agent — Spring Lake Heights, NJ
Sarah Mitchell
Compass Real Estate · Spring Lake Heights, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Spring Lake Heights, NJ Housing Market
The last median sale price Redfin published was $1.06M, +26.2% year over year (through May 2026). With 0.9 months of supply and homes going under contract in about 8 days, Spring Lake Heights is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $1.06M home is about $5,659/mo in principal and interest.
Key numbers for Spring Lake Heights, NJ
Median sale price
$1.06M
+26.2% year over year
Redfin, through May 2026
Days on market
8
Fast-moving
Redfin, through May 2026
Active listings
6
0.9 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$102,829
Home costs 10.3x income
U.S. Census ACS, 2023
Sale-to-list ratio
108.4%
Selling above asking
Redfin, through May 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Spring Lake Heights a buyer's or seller's market?
Spring Lake Heights, NJ is a strong seller's market, based on 0.9 months of supply and homes selling in about 8 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Spring Lake Heights housing market data show?
Every row below is Redfin's final published month for Spring Lake Heights, NJ. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $1.06M |
| Median list price | $945,000 |
| Year-over-year price change | +26.2% |
| Median price per sq ft | $861/sq ft |
| Median days on market | 8 days |
| Active inventory | 6 listings |
| Months of supply | 0.9 months |
| Sale-to-list price ratio | 108.4% |
| Homes sold (that month) | 7 |
| New listings (that month) | 7 |
| Listings with a price cut | 16.7% |
| Market condition | Strong seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Spring Lake Heights is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Spring Lake Heights is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Spring Lake Heights home prices moved?
Over the last three years the median sale price in Spring Lake Heights, NJ rose 5.5%, from $1.00M to $1.06M. 16.7% of Spring Lake Heights listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 0.9 months while the sale-to-list ratio slips below its current 108.4%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Spring Lake Heights?
Priced off the median sale price of $1.06M at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $212,000 | $848,000 | $5,659/mo |
| 5% | $53,000 | $1.01M | $6,720/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $5,659, that implies roughly $242,523 a year before you add taxes and insurance. The median household in Spring Lake Heights earns $102,829, about $139,694 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 10.3x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Spring Lake Heights in the next 12 months?
Tell us your timeline. We send the Spring Lake Heights market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Spring Lake Heights?
Zillow does not publish a rent index (ZORI) for Spring Lake Heights, NJ, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Spring Lake Heights?
Active listings in Spring Lake Heights, NJ went from 4 in May 2025 to 6 in May 2026, a +50.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 3 | 2 |
| July 2025 | 4 | 6 |
| August 2025 | 6 | 6 |
| September 2025 | 6 | 2 |
| October 2025 | 4 | 3 |
| November 2025 | 7 | 6 |
| December 2025 | 4 | 2 |
| January 2026 | 5 | 4 |
| February 2026 | 4 | 2 |
| March 2026 | 3 | 5 |
| April 2026 | 4 | 8 |
| May 2026 | 6 | 7 |
Redfin, through May 2026
How does Spring Lake Heights compare to New Jersey and the U.S.?
Spring Lake Heights homes sell for $1.06M — 83% above the New Jersey median of $579,900. Against the national median of $410,700, Spring Lake Heights runs 158% higher. Year-over-year, Spring Lake Heights moved +26.2% against New Jersey's +3.7% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Spring Lake Heights, NJ | $1.06M | +26.2% | 8 days |
| New Jersey statewide | $579,900 | +3.7% | 35 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Spring Lake Heights
What buyers should watch
- Months of supply, currently 0.9. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 16.7%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $1,061 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $1.06M home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Spring Lake Heights listing goes under contract in 8 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 108.4% of asking. Price at the number you want and let competition do the rest.
- In the last published month Spring Lake Heights added 7 new listings against 7 sales — more clearing than arriving, which is the better window to list.
- Comparable ZIP-level pricing inside Spring Lake Heights varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Spring Lake Heights
There are currently 6 homes listed for sale in Spring Lake Heights, New Jersey. The median listing price is $945K.
Active listings
6
Homes on market
Median list price
$945K
Avg. days on market
8
Days until sale
New this week
7
Newly listed
How much do homes cost in Spring Lake Heights by property type?
How the Spring Lake Heights, NJ market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.17M | $1,037/sq ft | 4 | 10 days |
| Condo / co-op | $999,999 | $631/sq ft | 3 | 7 days |
Who lives in Spring Lake Heights?
American Community Survey estimates for Spring Lake Heights. U.S. Census ACS, 2023
Population
4,866
Households
2,358
Median income
$102,829/yr
Median age
41 years
Owner-occupied
60.1%
Median home value
$648,500
Median gross rent
$1,817/mo
Mean commute
27.7 min
60.1% of occupied homes in Spring Lake Heights are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which public schools serve Spring Lake Heights?
1 schools tracked · 262 students
The largest public schools serving Spring Lake Heights, 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.
Spring Lake Heights Elementary School
Grades PK-8 · 262 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 Heights, NJ?
Ordered by distance from Spring Lake Heights, not by size. Compare Spring Lake Heights side by side with any of them.
Spring Lake Heights housing market FAQ
Is Spring Lake Heights a buyer's or seller's market?
Spring Lake Heights, NJ is currently a strong seller's market. That read comes from 0.9 months of supply, homes going under contract in about 8 days, and sellers getting 108.4% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Spring Lake Heights?
The median sale price in the last month Redfin published was $1.06M, about $861 per square foot.
Is Spring Lake Heights cheaper than the rest of New Jersey?
Spring Lake Heights's median sale price of $1.06M is 83% higher than the New Jersey statewide median of $579,900, and 158% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Spring Lake Heights?
Homes in Spring Lake Heights, NJ spent a median of 8 days on market before going under contract, versus 35 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Spring Lake Heights?
At the current 30-year fixed rate of 7.03%, 20% down on a $1.06M home is about $5,659 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $242,523 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $102,829.
Are home prices rising in Spring Lake Heights?
Redfin's last published year-over-year change for Spring Lake Heights, NJ was +26.2%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Spring Lake Heights?
Spring Lake Heights ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Spring Lake Heights?
That depends on your timeline, not on a headline. What the data says today: Spring Lake Heights, NJ is a strong seller's market with 0.9 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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