07717 Housing Market Report January 2025•Monmouth County, New Jersey

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Housing Prices in 07717, NJ

How much do homes in 07717, NJ cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$1,795,000$808/SqFt
-$44,725
-2.4%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 07717 has decreased by 2.4% since last year.

Summary: The median home list price in 07717 was $1,795,000 in January 2025, down 2.4% from the previous year, and the median price per square foot was $808.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
07720
+33.2%
07753
+10.9%
07719
+7.9%
07717
-2.4%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$525K$525K
0.0%
2$899K$1.1M
+22.4%
3$1.3M$599.9K
-55.1%
4$2.4M$2.2M
-4.6%
5$2.9M$2.9M
0.0%

Summary: 07717 housing price by bedroom type for January 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 +22.4%. The home price for 3 bedroom homes decreased by -55.1%. The home price for 4 bedroom homes decreased by -4.6%. The home price for 5 bedroom homes did not change.

Housing supply in 07717, NJ

How many homes are available in 07717, NJ?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
4Last MonthJan 2025
62 months agoDec 2024
-33.3 %
Change MoMDec – Jan

Summary: The 07717 real estate market had 4 homes for sale in Jan 2025, a 33.3 % decrease compared to Dec 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
110
-100.0%
200
0.0%
300
0.0%
432
-33.3%
522
0.0%

Summary: 07717 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -33.3%. The inventory for 5 bedroom homes remained the same.

Days on Market for 07717, NJ

How long does it take to sell a home in 07717, NJ?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
84 DaysThis YearJan 2025
113 Days1 year agoJan 2024
-25.3 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 07717 had an average listing age of 84 days in Jan 2025, down by 25.3% compared to the previous year.

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Newest Listings in 07717, NJ

What homes are available in 07717, NJ?

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MLS Disclaimers and Copyright

Based on information from Monmouth Ocean Regional MLS, for the period 02/01/2023 - 02/01/2025

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 7:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.