New - 6 hours on Rocket
$3,859 Closing Credit¹
Brittany Bowman, Listing Office: Keller Williams Preferred Properties,Bayville
Ocean Township Housing Market Report December 2024•Ocean County, New Jersey
Housing Prices in Ocean Township, NJ
How much do homes in Ocean Township, NJ cost?
Housing Market Conditions
Is Ocean Township, NJ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Ocean Township is a Seller's Market
Difference Since December 2023
Since last year, Ocean Township has remained a Seller's Market.
Insight
Ocean Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$560,000$310/SqFt
+$25,000
+4.7%
Based on all homes sold in the last 12 months
Insight
Homes in Ocean Township have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Ocean Township was $560,000 in December 2024, up 4.7% from last year, and the median price per square foot was $310.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Lacey Township | $444.1K | $465K | +4.7% |
| Ocean Township | $535K | $560K | +4.7% |
| Waretown | $455K | $475K | +4.4% |
| Barnegat Township | $433.1K | $451K | +4.1% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $210K | $355K | +69.0% |
| 22 Bedrooms | $473.5K | $490K | +3.5% |
| 33 Bedrooms | $536.7K | $575K | +7.1% |
| 44 Bedrooms | $675K | $750K | +11.1% |
| 55+ Bedrooms | $925K | $920K | -0.5% |
Summary: Ocean Township housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +69.0%. The home price for 2 bedroom homes increased by +3.5%. The home price for 3 bedroom homes increased by +7.1%. The home price for 4 bedroom homes increased by +11.1%. The home price for 5 bedroom homes decreased by -0.5%.
Housing supply in Ocean Township, NJ
How many homes are available in Ocean Township, NJ?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 89Last MonthDec 2024 | ||
| 1142 months agoNov 2024 | -21.9 % Change MoMNov – Dec |
Summary: The Ocean Township real estate market had 89 homes for sale in Dec 2024, a 21.9 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 22Last MonthDec 2024 | ||
| 352 months agoNov 2024 | -37.1 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 33 | 20 | -39.4% |
| 33 Bedrooms | 45 | 37 | -17.8% |
| 44 Bedrooms | 27 | 24 | -11.1% |
| 55+ Bedrooms | 8 | 7 | -12.5% |
Summary: Ocean Township 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 -39.4%. The inventory for 3 bedroom homes decreased by -17.8%. The inventory for 4 bedroom homes decreased by -11.1%. The inventory for 5 bedroom homes decreased by -12.5%.
Asking Price vs. Sold Price
How much do homes in Ocean Township, NJ cost?
Over Asking Price11 Homes
At Asking Price1 Home
Under Asking Price10 Homes
Insight
If you're buying a home in Ocean Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in Ocean Township in December 2024, down by 37.1% month-over-month. Of the 22 sold homes, 45% were sold under asking, 5% were sold at asking, and and 50% were sold over asking.
Days on Market for Ocean Township, NJ
How long does it take to sell a home in Ocean Township, NJ?
Breakdown of Home Sale Times
Under 30 Days16 Homes
30 – 90 Days2 Homes
Over 90 Days4 Homes
Insight
Many homes in Ocean Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 22 homes were sold in Ocean Township; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 32 DaysThis YearDec 2024 | ||
| 21 Days1 year agoDec 2023 | +52.2 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Ocean Township had an average listing age of 32 days in Dec 2024, up by 52.2% compared to the previous year.
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Newest Listings in Ocean Township, NJ
What homes are available in Ocean Township, NJ?
Coming soon
$6,401 Closing Credit¹
Stacy Stefani, Listing Office: Jack Green Realty
New - 1 day on Rocket
$1,781 Closing Credit¹
Joseph Patrick Polidoro, Listing Office: Society
Coming soon
$4,513 Closing Credit¹
Camille A Simms, Listing Office: RE/MAX at Barnegat Bay - Toms River
New - 2 days on Rocket
$4,986 Closing Credit¹
Casey Quinn, Listing Office: RE/MAX at Barnegat Bay
Coming soon
$4,513 Closing Credit¹
Camille A Simms, Listing Office: RE/MAX at Barnegat Bay
New - 7 days on Rocket
$5,332 Closing Credit¹
Chris Katz, Listing Office: Douglas Elliman of NJ LLC
$7,422 Closing Credit¹
Sara Szemcsak, Listing Office: Berkshire Hathaway HomeServices Fox & Roach - Holmdel
$6,282 Closing Credit¹
William R Hagan, Listing Office: EXP Realty
$6,994 Closing Credit¹
Jennifer Rosenberg, Listing Office: Heritage House Sotheby's International Realty
$5,926 Closing Credit¹
Nejra Utrera, Listing Office: Realty Sixteen
Donna Diorio, Listing Office: BHHS Zack Shore REALTORS
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MLS Disclaimers and Copyright
Based on information from Monmouth Ocean Regional MLS, BrightMLS, and Garden State MLS for the period 01/01/2023 - 01/01/2025
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: 1/17/2025, 11:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 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: 1/17/2025, 11:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.
Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
The information on this web site 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.
Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
The information on this web site 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.