#22505703, Igor Zaslavskiy, Listing Office: Formula Realty, LLC
07746 Housing Market Report February 2025•Monmouth County, New Jersey
Housing Prices in 07746, NJ
How much do homes in 07746, NJ cost?
Housing Market Conditions
Is 07746, NJ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
07746 is a Neutral Market
Difference Since February 2024
At the same time last year, 07746 was a Seller's Market.
07746 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 07746 have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in 07746 was $802,000 in February 2025, up 6.3% from last year, and the median price per square foot was $333.
Median Sold Price By Bedrooms
Beds | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $535K | $568.5K | +6.3% |
33 Bedrooms | $687.5K | $782.9K | +13.9% |
44 Bedrooms | $775K | $837K | +8.0% |
55+ Bedrooms | $985K | $1.1M | +18.3% |
Summary: 07746 housing price by bedroom type for February 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 +6.3%. The home price for 3 bedroom homes increased by +13.9%. The home price for 4 bedroom homes increased by +8.0%. The home price for 5 bedroom homes increased by +18.3%.
Housing supply in 07746, NJ
How many homes are available in 07746, NJ?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
38Last MonthFeb 2025 | ||
492 months agoJan 2025 | -22.4 % Change MoMJan – Feb |
Summary: The 07746 real estate market had 38 homes for sale in Feb 2025, a 22.4 % decrease compared to Jan 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
6Last MonthFeb 2025 | ||
212 months agoJan 2025 | -71.4 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 12 | 12 | 0.0% |
33 Bedrooms | 8 | 10 | +25.0% |
44 Bedrooms | 16 | 8 | -50.0% |
55+ Bedrooms | 13 | 8 | -38.5% |
Summary: 07746 housing inventory by bedroom type for February 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 +25.0%. The inventory for 4 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes decreased by -38.5%.
Asking Price vs. Sold Price
How much do homes in 07746, NJ cost?
Over Asking Price3 Homes
At Asking Price1 Home
Under Asking Price2 Homes
If you're buying a home in 07746, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 07746 in February 2025, down by 71.4% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and and 50% were sold over asking.
Days on Market for 07746, NJ
How long does it take to sell a home in 07746, NJ?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days0 Home
Over 90 Days0 Home
Many homes in 07746 are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 6 homes were sold in 07746; 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 YearFeb 2025 | ||
25 Days1 year agoFeb 2024 | -58.6 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in 07746 had an average listing age of 10 days in Feb 2025, down by 58.6% compared to the previous year.
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Newest Listings in 07746, NJ
What homes are available in 07746, NJ?
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MLS Disclaimers and Copyright
Based on information from Monmouth Ocean Regional MLS, and ALL JERSEY MLS for the period 03/01/2023 - 03/01/2025
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/2/2025, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/2/2025, 4:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.