Is Toms River, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Toms River is a seller's market

Buyer's
Market

Difference Since September 2020

Since last year, Toms River has remained a Seller's Market.

Key Takeaway

Toms River is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Toms River, NJ cost?

Median Sold Price

$300,699

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2020

+$31,403(+11.7%)

Key Takeaway

Homes in Toms River have sold for 11.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2020Sep 2021%
1 $133.7K$140.4K
+5.0%
2 $199.1K$235K
+18.0%
3 $280K$328.2K
+17.2%
4 $387K$450K
+16.3%
5+ $569K$593.7K
+4.3%

Median Sold Price Compared To Nearby Cities

Toms River Township
+13.3%
Beachwood
+12.2%
Toms River
+11.7%

How many homes are available in Toms River, NJ?

Number of Homes For Sale

Aug 2021Sep 2021%
1,2421,296+4.3%

Homes For Sale By Bedroom Count

# BEDSAug 2021Sep 2021%
1 910
+11.1%
2 479517
+7.9%
3 347351
+1.2%
4 318331
+4.1%
5+ 8987
-2.2%

Number of Homes Sold

Aug 2021Sep 2021%
297219-26.3%

Asking Price vs. Sold Price

46 Homes Were Sold
Under Asking

39 Homes Were Sold
At Asking

130 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Toms River, you could pay more than the asking price. 60.5% of homes here sold above asking price last month.

Average Sale Time

Sep 2020Sep 2021%
45 Days27 Days-40.1%

Breakdown of Home Sale Times

169 Homes Were Sold
Under 30 Days

42 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Toms River are selling fast, if you're buying plan to act quickly.

About Toms River, NJ

There are 1,296 homes are for sale in Toms River, NJ real estate market. The inventory of homes for sale in Toms River, NJ between August 2021 and September 2021 increased by 4.3%. The median list price of listings available in September 2021 was $300,699, while the average time on the real estate market was 27 days. Between August 2021 and September 2021, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 5%, prices of 2 bedrooms properties went up by 18%, prices of 3 bedrooms properties went up by 17.2%, the cost of 4 bedrooms properties went up by 16.3%, prices of 5 bedrooms properties increased by 4.3%. Volume of homes for sale changed: volume of 1 bedroom homes went up by 11.1%, number of 2 bedrooms homes increased by 7.9%, number of 3 bedrooms homes increased by 1.2%, 4 bedrooms homes inventory increased by 4.1%, 5 bedrooms homes inventory decreased by 2.2%. Toms River, NJ housing market in September 2021 saw over 130 listings sold above listed price, more than 39 sold at listed price and over 46 sold below.

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