Port Monmouth, NJ
Housing market overview · Updated weekly
$500,000median sale price
Homes sold
3
Last 12 weeks
Days on market
26
Average pace
Active listings
2
0.7 months supply
Sale-to-list
101.6%
Above asking
Port Monmouth, NJ housing market analysis
The Port Monmouth housing market is currently classified as a strong seller's market with a median sale price of $500,000. Prices have increased 30.7% compared to last year, reflecting continued demand and limited supply putting upward pressure on home values across the area. Homes in Port Monmouth spend an average of 26 days on market before going under contract, which is a moderate pace, suggesting a reasonably active market with healthy demand.
With 0.7 months of supply, inventory in Port Monmouth is tight. A balanced market typically has 4–6 months of supply, so the current level strongly favors sellers. Buyers should expect competitive bidding situations and may need to make offers quickly, sometimes above asking price, to secure a home. The average sale-to-list price ratio stands at 101.6%, meaning homes are selling at or above their asking price on average — a strong indicator of competitive demand.
There are currently 2 active listings in Port Monmouth, providing a very limited selection that intensifies competition among buyers. Monitoring inventory trends over time provides one of the best leading indicators of where prices are headed. Rising inventory typically precedes price moderation, while declining inventory often signals continued price appreciation.
Whether you're a first-time homebuyer evaluating Port Monmouth as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare Port Monmouth with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.
Market trends
Zip codes in Port Monmouth, NJ
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Frequently asked questions
What is the average home price in Port Monmouth?
The median home sale price in Port Monmouth is $500,000, up 30.7% from last year.
How long do homes stay on market in Port Monmouth?
Homes typically spend 26 days on market before going under contract.
Is Port Monmouth a buyer's or seller's market?
With 0.7 months of supply, Port Monmouth is currently a strong seller's market.
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