#22503302, Leigha M Gullotta-Jackson, Listing Office: Berkshire Hathaway HomeServices Fox & Roach - Lavallette
08735 Housing Market Report January 2025•Ocean County, New Jersey
Housing Prices in 08735, NJ
How much do homes in 08735, NJ cost?
Housing Market Conditions
Is 08735, NJ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
08735 is a Neutral Market
Difference Since January 2024
At the same time last year, 08735 was a Seller's Market.
08735 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 08735 have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in 08735 was $940,000 in January 2025, up 4.2% from last year, and the median price per square foot was $919.
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $320K | $375K | +17.2% |
22 Bedrooms | $590K | $663.5K | +12.5% |
33 Bedrooms | $850K | $925K | +8.8% |
44 Bedrooms | $1.2M | $1.5M | +29.1% |
55+ Bedrooms | $1.8M | $1.9M | +7.5% |
Summary: 08735 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +17.2%. The home price for 2 bedroom homes increased by +12.5%. The home price for 3 bedroom homes increased by +8.8%. The home price for 4 bedroom homes increased by +29.1%. The home price for 5 bedroom homes increased by +7.5%.
Housing supply in 08735, NJ
How many homes are available in 08735, NJ?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
58Last MonthJan 2025 | ||
462 months agoDec 2024 | +26.1 % Change MoMDec – Jan |
Summary: The 08735 real estate market had 58 homes for sale in Jan 2025, a 26.1 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
9Last MonthJan 2025 | ||
112 months agoDec 2024 | -18.2 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 1 | 0.0% |
22 Bedrooms | 14 | 20 | +42.9% |
33 Bedrooms | 9 | 13 | +44.4% |
44 Bedrooms | 10 | 11 | +10.0% |
55+ Bedrooms | 12 | 13 | +8.3% |
Summary: 08735 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +42.9%. The inventory for 3 bedroom homes increased by +44.4%. The inventory for 4 bedroom homes increased by +10.0%. The inventory for 5 bedroom homes increased by +8.3%.
Asking Price vs. Sold Price
How much do homes in 08735, NJ cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price8 Homes
If you're buying a home in 08735, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 08735 in January 2025, down by 18.2% month-over-month. Of the 9 sold homes, 89% were sold under asking, 11% were sold at asking, and and 0% were sold over asking.
Days on Market for 08735, NJ
How long does it take to sell a home in 08735, NJ?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days5 Homes
Over 90 Days1 Home
Avg time on Rocket Homes in 08735 has remained consistent over time.
Summary: During January 2025, 9 homes were sold in 08735; 33% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
49 DaysThis YearJan 2025 | ||
53 Days1 year agoJan 2024 | -6.7 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 08735 had an average listing age of 49 days in Jan 2025, down by 6.7% compared to the previous year.
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Newest Listings in 08735, NJ
What homes are available in 08735, NJ?
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MLS Disclaimers and Copyright
Based on information from Monmouth Ocean Regional MLS, and BrightMLS for the period 02/01/2023 - 02/01/2025
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, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. 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, 9:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.