#22513535, Sharen Laporta, Listing Office: Keller Williams Realty Central Monmouth
07704 Housing Market Report April 2025•Monmouth County, New Jersey
Housing Prices in 07704, NJ
How much do homes in 07704, NJ cost?
Housing Market Conditions
Is 07704, NJ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
07704 is a Seller's Market
Difference Since April 2024
At the same time last year, 07704 was a Neutral Market.
07704 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 07704 have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in 07704 was $1,437,500 in April 2025, up 10.2% from last year, and the median price per square foot was $594.
Median Sold Price By Bedrooms
Beds | Apr 2024 | Apr 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $750.8K | $1.2M | +60.0% |
33 Bedrooms | $999.4K | $999.9K | 0.0% |
44 Bedrooms | $1.3M | $1.5M | +15.6% |
55+ Bedrooms | $1.9M | $2.1M | +12.1% |
Summary: 07704 housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +60.0%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes increased by +15.6%. The home price for 5 bedroom homes increased by +12.1%.
How does 07704, NJ compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
07704, NJ
Housing supply in 07704, NJ
How many homes are available in 07704, NJ?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
29Last MonthApr 2025 | ||
212 months agoMar 2025 | +38.1 % Change MoMMar – Apr |
Summary: The 07704 real estate market had 29 homes for sale in Apr 2025, a 38.1 % increase compared to Mar 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
9Last MonthApr 2025 | ||
12 months agoMar 2025 | +800.0 % Change MoMMar – Apr |
Homes For Sale By Bedroom Count
Beds | Mar 2025 | Apr 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 2 | 2 | 0.0% |
33 Bedrooms | 5 | 8 | +60.0% |
44 Bedrooms | 9 | 16 | +77.8% |
55+ Bedrooms | 5 | 3 | -40.0% |
Summary: 07704 housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +60.0%. The inventory for 4 bedroom homes increased by +77.8%. The inventory for 5 bedroom homes decreased by -40.0%.
Asking Price vs. Sold Price
How much do homes in 07704, NJ cost?
Over Asking Price7 Homes
At Asking Price2 Homes
Under Asking Price0 Home
If you're buying a home in 07704, you could pay more than the asking price. 77.8% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in 07704 in April 2025, up by 800.0% month-over-month. Of the 9 sold homes, 0% were sold under asking, 22% were sold at asking, and and 78% were sold over asking.
Days on Market for 07704, NJ
How long does it take to sell a home in 07704, NJ?
Breakdown of Home Sale Times
Under 30 Days9 Homes
30 – 90 Days0 Home
Over 90 Days0 Home
Many homes in 07704 are selling fast, if you're buying plan to act quickly.
Summary: During April 2025, 9 homes were sold in 07704; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
10 DaysThis YearApr 2025 | ||
12 Days1 year agoApr 2024 | -16.7 % Change YoYApr 2024 – Apr 2025 |
Summary: Homes in 07704 had an average listing age of 10 days in Apr 2025, down by 16.7% compared to the previous year.
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Newest Listings in 07704, NJ
What homes are available in 07704, NJ?
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MLS Disclaimers and Copyright
Based on information from Monmouth Ocean Regional MLS, for the period 05/01/2023 - 05/01/2025

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/9/2025, 12:50:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.