Melissa A Peters, Listing Office: Pasch Real Estate
Neptune City Housing Market Report December 2024•Monmouth County, New Jersey
Housing Prices in Neptune City, NJ
How much do homes in Neptune City, NJ cost?
Housing Market Conditions
Is Neptune City, NJ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Neptune City is a Buyer's Market
Difference Since December 2023
At the same time last year, Neptune City was a Seller's Market.
Neptune City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Neptune City have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Neptune City was $490,000 in December 2024, up 5.3% from last year, and the median price per square foot was $379.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Avon-by-the-Sea | $1.4M | $1.7M | +21.9% |
Neptune | $459.7K | $505.8K | +10.0% |
Neptune Township | $500.2K | $535K | +6.9% |
Neptune City | $465.4K | $490K | +5.3% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $333.5K | $364.5K | +9.3% |
22 Bedrooms | $431.2K | $450K | +4.4% |
33 Bedrooms | $497.5K | $565K | +13.6% |
44 Bedrooms | $632K | $646K | +2.2% |
55+ Bedrooms | $660K | $516K | -21.8% |
Summary: Neptune City housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +9.3%. The home price for 2 bedroom homes increased by +4.4%. The home price for 3 bedroom homes increased by +13.6%. The home price for 4 bedroom homes increased by +2.2%. The home price for 5 bedroom homes decreased by -21.8%.
Housing supply in Neptune City, NJ
How many homes are available in Neptune City, NJ?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
8Last MonthDec 2024 | ||
122 months agoNov 2024 | -33.3 % Change MoMNov – Dec |
Summary: The Neptune City real estate market had 8 homes for sale in Dec 2024, a 33.3 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
1Last MonthDec 2024 | ||
32 months agoNov 2024 | -66.7 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 1 | 0.0% |
22 Bedrooms | 3 | 1 | -66.7% |
33 Bedrooms | 6 | 4 | -33.3% |
44 Bedrooms | 1 | 1 | 0.0% |
55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Neptune City housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -66.7%. The inventory for 3 bedroom homes decreased by -33.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Neptune City, NJ cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price0 Home
If you're buying a home in Neptune City, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Neptune City in December 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.
Days on Market for Neptune City, NJ
How long does it take to sell a home in Neptune City, NJ?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days0 Home
Many homes in Neptune City are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1 homes were sold in Neptune City; 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 |
---|---|---|
6 DaysThis YearDec 2024 | ||
18 Days1 year agoDec 2023 | -67.0 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Neptune City had an average listing age of 6 days in Dec 2024, down by 67.0% compared to the previous year.
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Newest Listings in Neptune City, NJ
What homes are available in Neptune City, NJ?
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MLS Disclaimers and Copyright
Based on information from Monmouth Ocean Regional MLS, for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.