Toms River, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 2,608 transactions over the past year in Toms River. The median value for residential home transactions that occurred over the previous year is $398,235.01. The number of current listings in Toms River is 576, and the percentage of properties for sale in the city is 576.00%. Toms River, NJ currently has 514 properties in foreclosure, 2 bank owned properties, 37 properties headed for auction, and 576 properties for sale.
Toms River, NJ Real Estate Market Overview
Housing Market Summary for Toms River, NJ
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $375K | $364K | -2.93% |
| Median Sold Price | $345.2K | $364K | 5.44% |
| Homes For Sale | 642 | 549 | -14.49% |
| Homes Sold | 1,470 | 1,335 | -9.18% |
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 Toms River, NJ
Browse Homes in Toms River, NJ
Toms River home values range from $34,624 to $4,178,400. The median estimated value of a home in Toms River is $398,235.01. The median list price of a home is 415,000, and the total count of properties in the city is 50,337.
- Pre-ForeclosurePre-foreclosure homes account for 0.94% of all residential properties in Toms River, NJ with 08753 containing 272 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Toms River, NJ; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,296,000 in 08757 to the lowest home value of $103,851 in 08755.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Toms River, NJ ranges from the highest value of $387,750 in 08757 to the lowest value of $202,800 in 08757. Bank owned homes and properties account for 0.00% of properties in Toms River, NJ. There are 3 zips within Toms River, NJ; 08757 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions08753 has 19 auction properties, the highest number of properties going to auction in a single zip in the state of Toms River, NJ. Auction homes and other auction properties account for 0.07% of all properties in Toms River, NJ. There are 3 zips within Toms River, NJ; of those zips, the median estimated home value for homes going to auction ranges from $1,430,000 in 08755 to the lowest value of $275,500 in 08755.
Compare Nearby Cities
More Real Estate Resources for Toms River, NJ
Guide for Toms River, 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.
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.
