07760 Housing Market Report February 2025•Monmouth County, New Jersey

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Housing Prices in 07760, NJ

How much do homes in 07760, NJ cost?

Housing Market Conditions

Is 07760, NJ a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

07760 is a Neutral Market

Difference Since February 2024

At the same time last year, 07760 was a Seller's Market.

Insight

07760 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

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$1,714,900$640/SqFt
-$85,100
-4.7%

Based on all homes sold in the last 12 months

Insight

Homes in 07760 have sold for 4.7% less than they did a year ago.

Summary: The median home sold price in 07760 was $1,714,900 in February 2025, down 4.7% from last year, and the median price per square foot was $640.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
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
07704
+10.1%
07739
-3.2%
07760
-4.7%
07750
-11.6%

Median Sold Price By Bedrooms

Median Sold 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.
BedsFeb 2024Feb 2025Change YoY
1$447.5K$470K
+5.0%
2$960K$794.9K
-17.2%
3$1.3M$1.3M
+4.0%
4$1.7M$1.8M
+5.8%
5$2.8M$3.0M
+9.2%

Summary: 07760 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +5.0%. The home price for 2 bedroom homes decreased by -17.2%. The home price for 3 bedroom homes increased by +4.0%. The home price for 4 bedroom homes increased by +5.8%. The home price for 5 bedroom homes increased by +9.2%.

How does 07760, NJ compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

07760, NJ

Housing supply in 07760, NJ

How many homes are available in 07760, 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
45Last MonthFeb 2025
462 months agoJan 2025
-2.2 %
Change MoMJan – Feb

Summary: The 07760 real estate market had 45 homes for sale in Feb 2025, a 2.2 % decrease compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
7Last MonthFeb 2025
52 months agoJan 2025
+40.0 %
Change MoMJan – Feb

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.
BedsJan 2025Feb 2025Change MoM
111
0.0%
211
0.0%
3108
-20.0%
4108
-20.0%
52427
+12.5%

Summary: 07760 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 decreased by -20.0%. The inventory for 4 bedroom homes decreased by -20.0%. The inventory for 5 bedroom homes increased by +12.5%.

Asking Price vs. Sold Price

How much do homes in 07760, NJ cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price1 Home

Under Asking Price6 Homes

Insight

If you're buying a home in 07760, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 07760 in February 2025, up by 40.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and and 0% were sold over asking.

Days on Market for 07760, NJ

How long does it take to sell a home in 07760, NJ?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days1 Home

Over 90 Days5 Homes

Insight

Most homes in 07760 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2025, 7 homes were sold in 07760; 14% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 71% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
121 DaysThis YearFeb 2025
43 Days1 year agoFeb 2024
+180.0 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 07760 had an average listing age of 121 days in Feb 2025, up by 180.0% compared to the previous year.

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Newest Listings in 07760, NJ

What homes are available in 07760, NJ?

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MLS Disclaimers and Copyright

Based on information from Monmouth Ocean Regional MLS, and OneKey MLS for the period 03/01/2023 - 03/01/2025

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: 3/12/2025, 10:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 3/12/2025, 10:11:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.