Monmouth County, NJ Real Estate & Property Data

Monmouth County Real Estate Market Trends
Last Updated: April 26, 2024

With up-to-date real estate data get detailed insight into Monmouth County, NJ sourced from the nation’s leading property data provider. The current median home price in Monmouth County, NJ is $648,000. Monmouth County real estate data shows that there have been a total of 8,240 residential properties sold over the past 12 months. ATTOM’s Monmouth County real estate data indicates that the county has 78 properties in foreclosure and 7 REOs (real estate bank owned) properties.

Monmouth County Real Estate Market Trends
Total Residential Properties 217,883
Total Commercial Properties 8,682
Avg. Home Age (Single Family Home) 58 Years
Avg. Square Feet (Single Family Home) 2,221
Total 2024 Residential Sales (year-to-date) 1,066
% of Homes Seriously Underwater (Q2 2024) 0.62%
Total 2023 Residential Sales 7,837
% of Equity Rich Homes (Q2 2024) 44.59%
Effective 2023 Property Tax 1.33%
Total Foreclosure Filings (year-to-date) 170
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Monmouth County, NJ Real Estate Overview

There were 8,240 residential properties sold in the past year in Monmouth County, NJ. The median home value in Monmouth County, NJ is $648,500. There are a total of 217,883 residential properties in the Monmouth.

Median Sales Price i
$648,000
(Feb 2024)
+5.4%
year-over-year
y-o-y
  • February '24 Feb '24 $648,000
  • January '24 Jan '24 $662,500
  • December '23 Dec '23 $650,000
  • November '23 Nov '23 $680,000
  • October '23 Oct '23 $670,000
  • September '23 Sep '23 $675,000
  • August '23 Aug '23 $715,000
  • July '23 Jul '23 $675,000
  • June '23 Jun '23 $647,450
  • May '23 May '23 $653,000
  • April '23 Apr '23 $625,000
  • March '23 Mar '23 $560,000
Median Down Payment i
$142,000
(Feb 2024)
+9.2%
year-over-year
y-o-y
  • February '24 Feb '24 $142,000
  • January '24 Jan '24 $161,000
  • December '23 Dec '23 $136,000
  • November '23 Nov '23 $183,000
  • October '23 Oct '23 $161,625
  • September '23 Sep '23 $150,000
  • August '23 Aug '23 $157,000
  • July '23 Jul '23 $146,500
  • June '23 Jun '23 $150,000
  • May '23 May '23 $149,000
  • April '23 Apr '23 $135,000
  • March '23 Mar '23 $113,000
Number of Homes Sold i
514
(Feb 2024)
+12.5%
year-over-year
y-o-y
  • February '24 Feb '24 514
  • January '24 Jan '24 552
  • December '23 Dec '23 565
  • November '23 Nov '23 605
  • October '23 Oct '23 734
  • September '23 Sep '23 633
  • August '23 Aug '23 869
  • July '23 Jul '23 773
  • June '23 Jun '23 667
  • May '23 May '23 678
  • April '23 Apr '23 607
  • March '23 Mar '23 586
Number of Purchase Loans i
365
(Feb 2024)
+20.1%
year-over-year
y-o-y
  • February '24 Feb '24 365
  • January '24 Jan '24 379
  • December '23 Dec '23 389
  • November '23 Nov '23 454
  • October '23 Oct '23 525
  • September '23 Sep '23 460
  • August '23 Aug '23 593
  • July '23 Jul '23 556
  • June '23 Jun '23 484
  • May '23 May '23 446
  • April '23 Apr '23 420
  • March '23 Mar '23 403
Number of REFI Loans i
360
(Feb 2024)
+39.5%
year-over-year
y-o-y
  • February '24 Feb '24 360
  • January '24 Jan '24 298
  • December '23 Dec '23 254
  • November '23 Nov '23 381
  • October '23 Oct '23 402
  • September '23 Sep '23 356
  • August '23 Aug '23 418
  • July '23 Jul '23 364
  • June '23 Jun '23 367
  • May '23 May '23 331
  • April '23 Apr '23 335
  • March '23 Mar '23 333
Number of HELOC Loans i
262
(Feb 2024)
-15.2%
year-over-year
y-o-y
  • February '24 Feb '24 262
  • January '24 Jan '24 239
  • December '23 Dec '23 222
  • November '23 Nov '23 264
  • October '23 Oct '23 254
  • September '23 Sep '23 234
  • August '23 Aug '23 352
  • July '23 Jul '23 331
  • June '23 Jun '23 308
  • May '23 May '23 359
  • April '23 Apr '23 313
  • March '23 Mar '23 309

Monmouth County, NJ Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Monmouth County, NJ Foreclosure Activity

There were a total of 78 Monmouth County, NJ properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 46 Monmouth County, NJ properties and repossessed 7 Monmouth County, NJ properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
78
(Feb 2024)
-22%
year-over-year
y-o-y
  • February '24 Feb '24 78
  • January '24 Jan '24 92
  • December '23 Dec '23 63
  • November '23 Nov '23 76
  • October '23 Oct '23 77
  • September '23 Sep '23 77
  • August '23 Aug '23 71
  • July '23 Jul '23 108
  • June '23 Jun '23 104
  • May '23 May '23 82
  • April '23 Apr '23 101
  • March '23 Mar '23 72
Foreclosure Starts i
46
(Feb 2024)
-34.3%
year-over-year
y-o-y
  • February '24 Feb '24 46
  • January '24 Jan '24 64
  • December '23 Dec '23 40
  • November '23 Nov '23 55
  • October '23 Oct '23 46
  • September '23 Sep '23 50
  • August '23 Aug '23 52
  • July '23 Jul '23 85
  • June '23 Jun '23 66
  • May '23 May '23 49
  • April '23 Apr '23 66
  • March '23 Mar '23 49
Completed Foreclosures (REOs) i
7
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 7
  • January '24 Jan '24 10
  • December '23 Dec '23 13
  • November '23 Nov '23 3
  • October '23 Oct '23 7
  • September '23 Sep '23 9
  • August '23 Aug '23 6
  • July '23 Jul '23 5
  • June '23 Jun '23 11
  • May '23 May '23 17
  • April '23 Apr '23 3
  • March '23 Mar '23 11
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