Skove Real Estate Team • eXp Realty • Red Bank, NJ • NJShoreRealtors.com
Oceanport Single-Family Home Market Report
Oceanport is the tightest single-family market in this entire report series — months of supply sits at just 1.75, down 52.3% from June alone. This is also, by a wide margin, the thinnest month of closing volume covered so far: only 2 single-family homes closed in Oceanport in July, and RPR didn't report an aggregate median sold price, days-on-market, or sold-to-list ratio this cycle given how few transactions that is. What the data does show clearly: the median estimated home value is $1,012,510, up 4.65% over the past 12 months, and every one of the 5 most recent closings tracked for this town — 2 from July, 3 from early August — sold over asking price.
Data source: Realtors Property Resource (RPR), July 31, 2026. Single-Family Residence only, Oceanport, NJ.
A Note on This Month's Small Sample
Oceanport's blended countywide comparisons undercount what's happening in this specific market, same as every town in this series — but this month has an additional wrinkle worth naming plainly. With only 2 single-family closings in July, RPR itself didn't compute an aggregate sold price, days-on-market, or sold-to-list ratio for the month — the sample was simply too thin. Rather than force numbers that don't exist, this report leans on the two confirmed July closings individually, a broader 5-property closed sample that includes early August activity, and the fuller-inventory value trend (which isn't subject to the same small-sample swings) to paint an honest picture.
Key Market Statistics — July 2026 (Single-Family Residence)
| Metric | July 2026 | June 2026 | Month-over-Month |
|---|---|---|---|
| Median Sold Price (SFR) | Not reported by RPR* | $1,387,500 | — |
| Median Estimated Home Value | $1,012,510 | $979,860 | ↑ 3.33% |
| Median Active List Price | $1,249,000 | $1,249,000 | 0% |
| Median Days in RPR (Sold) | Not reported by RPR* | — | — |
| Sold-to-List Price Ratio | Not reported by RPR* | — | — |
| Months of Supply | 1.75 months | ~3.67 months | ↓ 52.3% • ↑25% over 12 months |
| Active SFR Listings (Oceanport) | 7 | ~11 | ↓ 36.4% |
| Closed Sales (July 2026) | 2 | ~8 | ↓ 75%* |
| New Listings (July 2026) | 2 | ~11 | ↓ 81.8%* |
| New Pending (July 2026) | 10 | ~8 | ↑ 25% |
| Median Closed $/sqft | Not reported by RPR* | — | — |
| 12-Month Value Change | ↑4.65% • $967,510 → $1,012,510 • +$45,000 | ||
| 36-Month Value Change | +22.08% • $829,390 → $1,012,510 • +$183,120 | ||
*RPR did not report an aggregate Median Sold Price, Median Days in RPR, Sold-to-List Ratio, or Median Closed $/sqft for Oceanport in July 2026 — with only 2 closings, the sample was too thin to compute reliably. Those 2 closings sold individually for $830,000 (7/16, 27 days, 3.88% over ask) and $1,400,000 (7/29, 14 days, 27.39% over ask); see the Sample of Closed Transactions section below for full details. New Listings also dropped to just 2 for the month, the lowest of any metric in this report. June comparison figures marked "~" are calculated from RPR's own reported month-over-month percentages. Source: Realtors Property Resource (RPR), July 31, 2026. Estimated values are model-generated, not formal appraisals.
Market Analysis — What the Numbers Mean
For single-family sellers:
Months of supply at 1.75 is about as tight as this report series gets — and it dropped over 50% in a single month. That kind of inventory scarcity, combined with every recent closing selling over ask (up to 27.39% over on one sale), should give Oceanport sellers real confidence. The catch: with so few homes actually trading, buyers have very little to compare your listing against, which cuts both ways — it means less competition, but also means a single misstep on pricing or presentation stands out more starkly than it would in a higher-volume market.
For single-family buyers:
This is a difficult market to shop in patiently. Active listings fell to just 7 this month (down 36.4%), and new listings nearly dried up entirely (just 2 entered the market in July). Pending activity is up 25% to 10 homes, meaning a meaningful share of what little inventory exists is already spoken for. If you find a well-priced Oceanport home that fits, moving quickly and coming in strong is likely necessary — every recent closing in this town has sold above asking.
The PSA perspective on this month's data gaps:
It's worth being direct about what RPR didn't report this cycle: no aggregate sold price, no days-on-market figure, no sold-to-list ratio for July. That's not a data error on our end — it's a genuine reflection of how few transactions closed. Rather than paper over that with estimates, this report leans on the individual closings we do have (all 5 sold over ask) and the broader value trend, which draws on the full inventory rather than a handful of sales and isn't subject to the same swings. Anyone pricing a home in Oceanport this month should lean on recent comparable sales and a real market analysis, not a single town-wide statistic that, this month, RPR itself couldn't reliably produce.
Mansion Tax Note: For transactions at or above $1,000,001 — and several of Oceanport's recent closings land in this range — New Jersey's Mansion Tax (P.L. 2025, c. 69, effective July 10, 2025) is a graduated seller-paid rate: 1% from $1M–$2M, 2% from $2M–$2.5M, 2.5% from $2.5M–$3M, 3% from $3M–$3.5M, and 3.5% above $3.5M — applied to the full purchase price. The recent closing at 79 Iroquois Ave ($1,850,000) lands in the 1% bracket, for a seller obligation of roughly $18,500. With an active listing at 8 Pocahontas Ave asking $2,695,000 — which would fall in the 2.5% bracket if it closes near list — sellers at the higher end of Oceanport's price range should model their specific bracket well before listing.
3-Year Price Trend — Single-Family Residence
Oceanport SFR median estimated values at multiple time horizons — Source: RPR, 7/31/2026
| Metric | Current (Jul 2026) | 12 Months Ago | Change | 36 Months Ago | Change |
|---|---|---|---|---|---|
| Median Est. Home Value | $1,012,510 | $967,510 | +4.65% | $829,390 | +22.08% |
Median Sold Price is omitted from this table — RPR did not report a current (July 2026) figure given this month's thin 2-closing sample, so there's no reliable anchor point for a before-and-after comparison. For reference only, RPR's Market Snapshot lists Oceanport's Median Sold Price at $1,072,375 twelve months ago and $897,500 thirty-six months ago, both drawn from months with fuller closing activity. Median List Price is also omitted — RPR's own data shows Oceanport list price rising from a flat ~$600,000 baseline that held for two straight years, consistent with a change in RPR's list-price data source in mid-2024 rather than an apples-to-apples market comparison. The Median Est. Home Value row above draws on the full inventory rather than a handful of closings and is the most reliable trend line available this month. Source: Realtors Property Resource (RPR) Market Snapshot, 7/31/2026.
Sample of Closed Single-Family Transactions
Oceanport's official July closing count was just 2 homes. To give a fuller picture, this section includes those 2 July closings plus 3 additional closings from early August that were already reflected in RPR's data as of this report's 8/13 pull date — giving a rare, if unofficial, early look at momentum heading into August. Median of all 5: $1,350,000. Median $/sqft: $521. Every one of the 5 sold over asking price.
| Property | Closed Price | $/sqft | Sqft | Days in RPR | List:Sold / Note |
|---|---|---|---|---|---|
| 1339 Eatontown Blvd 4/2 • 1,584 sqft • Built 1957 • Closed 7/16 |
$830,000 | $524 | 1,584 | 27 | ↑ 3.88% — sold over ask |
| 15 Arcana Ave 3/3 • 2,052 sqft • Built 1906 • Closed 7/29 |
$1,400,000 | $682 | 2,052 | 14 | ↑ 27.39% — sold over ask |
| 79 Iroquois Ave 4/4 • 3,549 sqft • Built 1993 • Closed 8/3* |
$1,850,000 | $521 | 3,549 | 12 | ↑ 5.77% — sold over ask |
| 30 Hedge Dr 4/2 • 1,870 sqft • Built 1957 • Closed 8/4* |
$865,000 | $463 | 1,870 | 16 | ↑ 1.76% — sold over ask |
| 253 Arnold Ave 5/3 • 2,704 sqft • Built 2001 • Closed 8/12* |
$1,350,000 | $499 | 2,704 | 10 | ↑ 8.09% — sold over ask |
*These 3 closings fall in early August, just after this report's July 31 cutoff, and are included as bonus context only — they are not part of July's official 2-closing count reported elsewhere in this report. Source: RPR Market Activity report / MLS. List:Sold ratio as reported by RPR. $/sqft based on living area reported in MLS.
Frequently Asked Questions
What is the median single-family home price in Oceanport right now?
RPR did not report an aggregate median sold price for Oceanport in July 2026 — only 2 single-family homes closed that month, too thin a sample to compute a reliable median. Those 2 closings sold for $830,000 and $1,400,000. The more stable figure is the median estimated home value across the full inventory, which is $1,012,510, up 4.65% over the past 12 months.
How long does it take to sell a single-family home in Oceanport?
RPR did not report an aggregate days-on-market figure for July given the thin closing volume. The 2 confirmed July closings took 14 and 27 days respectively. A broader sample of 5 recent closings (2 from July, 3 from early August) averaged about 16 days, suggesting Oceanport homes are still moving quickly when priced right.
Are single-family homes in Oceanport selling over or under asking price?
Over, consistently. Every one of the 5 most recent closings tracked for Oceanport — 2 from July and 3 from early August — sold above asking price, ranging from 1.76% over to 27.39% over. RPR did not report an aggregate July sold-to-list ratio given the thin monthly volume, but the individual closings point clearly toward a strong seller's market.
Is it a seller's or buyer's market for single-family homes in Oceanport?
RPR's own market gauge places Oceanport firmly in Seller's Market territory for July 2026. Months of supply sits at just 1.75 — the tightest of any town in this report series, down 52.3% from June alone. Combined with every recent closing selling over asking price, sellers hold a clear, decisive advantage in this small, in-demand market.
How much have single-family home values increased in Oceanport?
Oceanport's median estimated single-family home value is up 4.65% over the past 12 months, from $967,510 to $1,012,510. Over three years, the increase is much steeper: up 22.08% from $829,390. The pace of appreciation has clearly accelerated more recently, consistent with a market that has tightened sharply over the past year.
What is a good price per square foot for a single-family home in Oceanport?
Based on the 5 most recent closed transactions tracked for Oceanport, the median price per square foot is $521, with individual sales ranging from $463/sqft to $682/sqft depending on property age and condition. Active listings are running close behind at a median of $487/sqft.
What is the housing market like in Oceanport in late summer 2026?
Oceanport in late summer 2026 is the tightest market in this report series — just 1.75 months of supply, down over 50% from June alone. Closing volume is genuinely thin (2 homes in July), which means monthly medians should be read with real caution, but every recent sale has closed over asking price, and pending activity (10 homes, up 25% month-over-month) suggests more closings are on the way. This is a small, in-demand market where well-priced listings are not lasting long.
Know What Your Oceanport Home Is Actually Worth
Oceanport is the tightest, most in-demand market in this entire series — but with so few homes trading each month, getting the pricing and comps right matters more here than almost anywhere else. Ryan Skove has closed over 750 transactions and $500M in Monmouth County real estate, and can walk you through exactly what's happening in this small, competitive market.
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