Ocean County, NJ Home Values & Market Trends
The median home price in Ocean County, NJ is $469,375.11. There were 11,334 home sales in Ocean County, NJ over the past 12 months. The median residential Ocean County, NJ home value for transactions over the previous year is $394,695.94. The number of current listings in Ocean County, NJ is 2,218, and the percentage of properties for sale is 2218.00%. The county has 2,345 foreclosures, 18 bank owned properties, 157 headed for auction, and 2,218 properties for sale.
Ocean County, NJ Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Toms River | $ 399,900 $ 266/sqft | Seaside Park | $ 1,016,000 $ 640/sqft |
| Brick | $ 437,000 $ 297/sqft | Lanoka Harbor | $ 507,875 $ 277/sqft |
| Jackson | $ 599,800 $ 285/sqft | Beachwood | $ 415,375 $ 268/sqft |
| Lakewood | $ 439,000 $ 277/sqft | New Egypt | $ 412,500 $ 263/sqft |
| Manahawkin | $ 493,350 $ 284/sqft | Beach Haven | $ 1,678,500 $ 895/sqft |
| Barnegat | $ 457,015 $ 234/sqft | Manchester Township | $ 465,375 $ 237/sqft |
| Forked River | $ 469,950 $ 289/sqft | Ocean Gate | $ 367,500 $ 332/sqft |
| Bayville | $ 483,000 $ 276/sqft | West Creek | $ 615,000 $ 296/sqft |
| Lavallette | $ 958,825 $ 850/sqft | Island Heights | $ 499,900 $ 334/sqft |
| Seaside Heights | $ 695,504 $ 491/sqft | Lakehurst | $ 315,000 $ 225/sqft |
| Tuckerton | $ 379,000 $ 265/sqft | Pine Beach | $ 453,500 $ 437/sqft |
| Point Pleasant Beach | $ 861,250 $ 612/sqft | Barnegat Light | $ 3,850,000 $ 1,407/sqft |
| Waretown | $ 497,625 $ 237/sqft | Normandy Beach | $ -- $ -- |
| Mantoloking | $ 1,311,000 $ 792/sqft |
Housing Market Summary for Ocean County, NJ
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $441K | $441.2K | 0.04% |
| Median Sold Price | $399.4K | $441.2K | 10.46% |
| Homes For Sale | 2,423 | 2,135 | -11.89% |
| Homes Sold | 6,695 | 6,226 | -7.01% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Ocean County, NJ
Browse Homes in Ocean County, NJ
Ocean County, NJ home values range from $34,515 to $9,999,000. Barnegat Light is the priciest city with a median listing home price of $3,850,000, and Lakehurst is most affordable with average house prices of around $315,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.86% of all residential properties in Ocean County, NJ with Toms River containing 483 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 27 cities within Ocean County, NJ; of those cities, the estimated home value for pre-foreclosure homes ranges from $1,437,000 in Normandy Beach to the lowest home value of $103,851 in Toms River.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Ocean County, NJ ranges from the highest value of $570,500 in Manahawkin to the lowest value of $147,250 in Lakewood. Bank owned homes and properties account for 0.01% of properties in Ocean County, NJ. There are 27 cities within Ocean County, NJ; Brick containing 4 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsToms River has 40 auction properties, the highest number of properties going to auction in a single city in the state of Ocean County, NJ. Auction homes and other auction properties account for 0.06% of all properties in Ocean County, NJ. There are 27 cities within Ocean County, NJ; of those cities, the median estimated home value for homes going to auction ranges from $1,430,000 in Beach Haven to the lowest value of $140,000 in Beach Haven.
Compare Nearby Cities
More Real Estate Resources for Ocean County, NJ
Guide for Ocean County, NJ
The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.
The Jersey City real estate market continues to show robust growth with prices rising to an average of $595,000 per property and $394 per square foot in February 2024.
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.
