Skove Real Estate Team • eXp Realty • Red Bank, NJ • NJShoreRealtors.com

Monmouth County Single-Family Home Market Report

Updated: May 2026 • Reflecting April 2026 Single-Family Residence Data • Source: RPR / MLS
Prepared by Ryan Skove, ABR, SRS, PSA • NJ License #2186472

The Monmouth County single-family home market in April 2026 is a strong seller's market, with a median sold price of $773,827 — up 0.3% from March — homes selling in a median of 19 days, and a list-to-sale ratio of 101.7%. With only 2.24 months of inventory and a median estimated home value of $837,080 (up 4.6% year-over-year), well-priced single-family homes in Monmouth County are selling fast and above asking price.

Data source: Realtors Property Resource (RPR), April 30, 2026. Single-Family Residence only, Monmouth County, NJ.


Why Single-Family Data Tells a Different Story

The county-wide median sold price (all property types combined) is $705,103. The single-family-only median is $773,827 — a $68,724 difference. If you own or are buying a single-family home, the blended figure undercounts your market. Think of it like a batting average: the county-wide number includes pitchers in the lineup. This report isolates the data that actually applies to you.

Key Market Statistics — April 2026 (Single-Family Residence)

Source: RPR / MLS. Single-Family Residence only, Monmouth County, NJ. Last updated 4/30/2026.

Metric April 2026 March 2026 Month-over-Month
Median Sold Price (SFR) $773,827 $771,500 ↑ 0.3%
Median Estimated Home Value $837,080 $832,240 ↑ 0.58%
Median Active List Price $859,000 $850,000 ↑ 1.06%
Median Days on Market 19 days ~23 days ↓ 17.39% (faster)
List-to-Sale Price Ratio 101.7% ~100.8% ↑ 0.95%
Months of Supply 2.24 months ~2.14 months Seller's market territory
Active SFR Listings (County) ~1,130 ~1,080 ↑ 4.6%
Closed Sales (April 2026, est.) ~358 ~288 ↑ 24.3% MoM
Median Closed $/sqft $454/sqft N/A 3-month sample, closed SFR
12-Month Value Change +4.62% $800,080 → $837,080 +$36,920
36-Month Value Change +22.05% $685,830 → $837,080 +$151,250

Source: Realtors Property Resource (RPR), April 30, 2026. Estimated values are model-generated, not formal appraisals.

✅ Seller's Market — 2.24 months of supply (below the 3-month threshold) • 101.7% list-to-sale ratio • 19-day median days on market.
Buyers are competing. Sellers who price accurately are collecting offers within a week.

Market Analysis — What the Numbers Mean

For single-family sellers:
April's single-family data is as strong as it gets short of a frenzy. The 101.7% list-to-sale ratio on closed transactions means buyers are paying over asking on correctly priced homes — and with median DOM dropping to 19 days (down 17% from March), the spring market is accelerating, not stalling. The surge in closed sales — approximately 358 closings in April versus 288 in March, a 24% jump — confirms that pent-up buyer demand is real and active. Sellers who price based on actual comparable closed sales, not the aspirational median list price of $859,000, are the ones collecting offers in the first two weeks.

For single-family buyers:
At 19 days to contract and 101.7% list-to-sale, the window to purchase without competition is essentially closed unless you're in the $1.2M+ range, where longer days on market tell a different story. The median sold price of $773,827 is up 4.6% year-over-year and 22.05% over three years — waiting has a measurable cost. The best buying strategy right now is to know your comps better than the listing agent does. That's where a PSA-designated buyer's agent earns their fee.

The PSA perspective on the list-price gap: The median active list price ($859,000) is only $85,173 above the median sold price ($773,827). That's a much tighter spread than the blended all-property report, and it confirms the SFR market is pricing closer to reality. The 3-month closed sample shows a median of $852,500 — just $6,500 below the current active list median. For sellers, this is a green light: the market is validating current list prices for correctly positioned homes. For buyers, there's less room to negotiate than you think.

3-Year Price Trend — Single-Family Residence

Monmouth County SFR median values at multiple time horizons — Source: RPR, 4/30/2026

Metric Current (Apr 2026) 12 Months Ago Change 36 Months Ago Change
Median Est. Home Value $837,080 $800,080 +4.62% $685,830 +22.05%
Median Sold Price $773,827 $740,000 +4.57% $669,000 +15.67%
Median Sold (24-month) $773,827 $700,000 +10.55%

Monthly Sales Activity — Single-Family (Last 12 Months)

Active listing inventory vs. closed sales volume, Monmouth County SFR. Source: RPR MLS data, 4/30/2026.

Month Active Listings Closed Sales Month Active Listings Closed Sales
May 2025 ~1,435 37 Nov 2025 ~1,244 32
Jun 2025 ~1,495 49 Dec 2025 ~1,040 53
Jul 2025 ~1,475 63 Jan 2026 ~982 354*
Aug 2025 ~1,465 69 Feb 2026 ~925 N/A
Sep 2025 ~1,455 55 Mar 2026 ~1,080 288
Oct 2025 ~1,400 52 Apr 2026 ~1,130 ~358

*January 2026 figure may include year-end carryover closings; treat as an outlier.


Town-by-Town Snapshot — Single-Family

Based on RPR closed/pending/active SFR sample. Run a town-specific SFR closed sales search in your MLS for complete figures.

Town Closed Price (sample) DOM $/sqft Market Note
Middletown $910,000 18 days $418 35 Bayberry Ln: 4/3, 2,176 sqft, 1963 — sold 101.2% of list
Holmdel $1,100,000 7 days $355 4 Douglas Dr: 4/3, 3,095 sqft — sold 112.82% of list in 7 days
Little Silver $1,099,900 (pending) 41 days $443 310 Branch Ave: 4/2, 2,482 sqft, 1922 — pending
Keyport $716,000 11 days $491 308 Main St: 4/2, 1,459 sqft, 1949 — sold 103.92% of list
Freehold $1,250,000 31 days $379 34 Polo Club Dr: 5/3, 3,300 sqft — sold 106.02% of list
Long Branch $615,000 31 days $550 25 Howland Pl: 3/2, 1,118 sqft, 1920 — sold below ask
Belmar $1,525,000 10 days $647 704 15th Ave: 4/4, 2,358 sqft, 2021 new construction
Ocean Grove $795,000 15 days $821 82 Abbott Ave: 2/2, 968 sqft, 1910 — historic district land premium
Allenhurst $1,650,000 120 days $949 510 Blanchard Pkwy: 4/2, 1,739 sqft, 1926 — patient coastal pricing rewarded
Howell $790,000 27 days $310 48 Newbury Rd: 5/3, 2,549 sqft, 1964 — strong value at $310/sqft
Red Bank Update from MLS $404–$820 Two active SFR: 230 River Rd at $899K / 120 May Pl at $1.8M

All Closed Single-Family Transactions — April / May 2026

All 10 confirmed SFR closings from the RPR report. Median closed price from this sample: $852,500. Median $/sqft: $454.

Property Closed Price $/sqft Sqft DOM List:Sale / Note
704 15th Ave, Belmar
4/4 • 2,358 sqft • Built 2021
$1,525,000 $647 2,358 10 ↓ 8.96% — new construction, priced above market
82 Abbott Ave, Ocean Grove
2/2 • 968 sqft • Built 1910
$795,000 $821 968 15 No ratio — historic cottage, land premium
151 Amberly Dr, Manalapan
2/2 • 1,130 sqft • Built 1976
$287,500 $254 1,130 18 ↓ 7.23% — age/condition discount
35 Bayberry Ln, Middletown
4/3 • 2,176 sqft • Built 1963
$910,000 $418 2,176 18 ↑ 1.22% — over ask, 18 days
510 Blanchard Pkwy, Allenhurst
4/2 • 1,739 sqft • Built 1926
$1,650,000 $949 1,739 120 Coastal luxury — patient pricing, no ratio reported
4 Douglas Dr, Holmdel
4/3 • 3,095 sqft • Built 1974
$1,100,000 $355 3,095 7 ↑ 12.82% — best list:sale in report, 7 days
25 Howland Pl, Long Branch
3/2 • 1,118 sqft • Built 1920
$615,000 $550 1,118 31 ↓ 5.38% — premium pricing, market pushed back
308 Main St, Keyport
4/2 • 1,459 sqft • Built 1949
$716,000 $491 1,459 11 ↑ 3.92% — over ask, 11 days
48 Newbury Rd, Howell
5/3 • 2,549 sqft • Built 1964
$790,000 $310 2,549 27 No ratio — strong value play at $310/sqft
34 Polo Club Dr, Freehold
5/3 • 3,300 sqft • Built 1992
$1,250,000 $379 3,300 31 ↑ 6.02% — over ask on large SFR

Frequently Asked Questions

What is the median single-family home price in Monmouth County right now?

The median sold price for a single-family home in Monmouth County as of April 2026 is $773,827 — up 0.3% from March and 4.57% year-over-year. The median estimated home value countywide is $837,080. Note that all-property figures (including condos and townhomes) show a lower blended median of $705,103; single-family homes command a meaningful premium in this market.

How long does it take to sell a single-family home in Monmouth County?

Single-family homes in Monmouth County are selling in a median of 19 days as of April 2026, down 17% from the prior month. Well-positioned homes move faster: Holmdel (7 days), Keyport (11 days), Belmar (10 days), and Middletown (18 days) all closed quickly in April's sample. Properties that sit beyond 30 days typically have one thing in common: they launched overpriced.

Are single-family homes in Monmouth County selling over asking price?

Yes. The list-to-sale ratio for single-family homes in April 2026 is 101.7%, meaning closed homes are selling above their asking price on average. Of the 10 sampled April closings, 5 sold above ask — led by Holmdel at 112.82% of list in 7 days and Freehold at 106.02%. Three sold below ask, and all three had either condition issues, premium pricing, or extended days on market.

Is it a seller's or buyer's market for single-family homes in Monmouth County?

It is a seller's market. With 2.24 months of supply (anything below 3 months favors sellers), a 101.7% list-to-sale ratio, and homes selling in a median of 19 days, single-family sellers in Monmouth County hold clear leverage. Buyers are competing. That said, overpriced listings are not participating in those results — the gap between list price and sold price on individual transactions reveals the pricing discipline required.

How much have single-family home values increased in Monmouth County?

Monmouth County single-family home values have appreciated 4.62% year-over-year and 22.05% over the past three years as of April 2026. In dollar terms, the median estimated value has risen from $685,830 three years ago to $837,080 today — a gain of approximately $151,000. The median sold price has increased from $669,000 to $773,827 over the same period, a gain of roughly $105,000.

What is a good price per square foot for a single-family home in Monmouth County?

Based on April 2026 closed transactions, the median price per square foot for single-family homes in Monmouth County is approximately $454. However, $/sqft ranges widely: oceanside and historic homes commanded $550–$949/sqft, while larger inland homes ranged from $254–$418/sqft. Price per square foot is a useful benchmark but should never be the primary basis for pricing or offers — location, condition, and lot size drive most of the variance.

What is the housing market like in Monmouth County in 2026?

Monmouth County's single-family housing market in 2026 is defined by low inventory, fast-moving well-priced homes, and sustained appreciation. The median estimated home value of $837,080 is up 22.05% over three years. Homes are selling in 19 days at 101.7% of asking. Buyers are competing, but sellers who overprice are not seeing those results. This is a precision pricing market — the data rewards accuracy, not ambition.


About Ryan Skove, ABR, SRS, PSA

Ryan Skove is the owner of the Skove Real Estate Team at eXp Realty, serving buyers and sellers throughout Monmouth and Ocean Counties from his Red Bank base. A Shore Regional graduate and University of Oklahoma alumnus, Ryan brings a background in corporate finance (NYC) and commercial construction to real estate — disciplines that drive a data-first, no-nonsense approach to pricing, market analysis, and transaction execution.

He holds the Accredited Buyer Representative (ABR), Seller Representative Specialist (SRS), and Pricing Strategy Advisor (PSA) designations — the PSA being the industry's most rigorous credential in comparative market analysis and pricing strategy. Ryan has also served as public housing commissioner for Middletown Township.

(732) 222-6336Ryan@Skoves.com

213 NJ-35, Red Bank, NJ 07701 • NJ License #2186472

Data sourced from Realtors Property Resource (RPR), April 30, 2026. All figures reflect Single-Family Residence properties in Monmouth County, NJ only. Estimated property values are model-generated by RPR and are not formal appraisals. Not all MLS participants contribute data to RPR; figures may not reflect all market activity. Statistics are for informational purposes only and subject to revision. Copyright 2026 Realtors Property Resource LLC. All Rights Reserved. For a personalized home valuation or pricing consultation, contact Ryan Skove directly.