Housing Prices in 08741, NJ
How much do homes in 08741, NJ cost?
Median List Price
$519,000
$257/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in 08741 has increased by 25.1% since last year.
Summary: The median home list price in 08741 was $519,000 in April 2024, up 25.1% from the previous year, and the median price per square foot was $257.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199.9K | - | N/A |
| 2 Bedrooms | $365K | $339.8K | -6.9% |
| 3 Bedrooms | $375K | $457.4K | +22.0% |
| 4 Bedrooms | $640K | $535K | -16.4% |
| 5+ Bedrooms | $650K | $778K | +19.7% |
Summary: 08741 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 22%, 4 bedroom homes decreased by 16.4%, and 5+ bedroom homes increased by 19.7%.
Housing Supply in 08741, NJ
How many homes are available in 08741, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Summary: The 08741 real estate market had 3 homes for sale in April 2024, a 50.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 2 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 08741 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 100%.
Days on Market for 08741, NJ
How long does it take to sell a home in 08741, NJ?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 138 Days | 43 Days | -68.9% |
Summary: Homes in 08741 had an average listing age of 43 days in Apr 2024, down by 68.9% compared to the previous year.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.