Michael Gruosso, Listing Office: Keller Williams Realty East Monmouth
Tinton Falls Housing Market Report December 2024•Monmouth County, New Jersey
Housing Prices in Tinton Falls, NJ
How much do homes in Tinton Falls, NJ cost?
Housing Market Conditions
Is Tinton Falls, NJ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Tinton Falls is a Seller's Market
Difference Since December 2023
Since last year, Tinton Falls has remained a Seller's Market.
Tinton Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Tinton Falls have sold for 15.2% more than they did a year ago.
Summary: The median home sold price in Tinton Falls was $530,000 in December 2024, up 15.2% from last year, and the median price per square foot was $335.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Tinton Falls | $460K | $530K | +15.2% |
Shrewsbury Township | $650K | $717.4K | +10.4% |
Ocean Township | $700K | $750K | +7.1% |
Eatontown | $468.2K | $485K | +3.6% |
Colts Neck | $1.2M | $1.2M | -2.0% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $297.2K | $320K | +7.6% |
22 Bedrooms | $400K | $433.5K | +8.4% |
33 Bedrooms | $537.5K | $635K | +18.1% |
44 Bedrooms | $701K | $810K | +15.5% |
55+ Bedrooms | $1.0M | $980K | -4.7% |
Summary: Tinton Falls housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +7.6%. The home price for 2 bedroom homes increased by +8.4%. The home price for 3 bedroom homes increased by +18.1%. The home price for 4 bedroom homes increased by +15.5%. The home price for 5 bedroom homes decreased by -4.7%.
Housing supply in Tinton Falls, NJ
How many homes are available in Tinton Falls, NJ?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
61Last MonthDec 2024 | ||
832 months agoNov 2024 | -26.5 % Change MoMNov – Dec |
Summary: The Tinton Falls real estate market had 61 homes for sale in Dec 2024, a 26.5 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
23Last MonthDec 2024 | ||
182 months agoNov 2024 | +27.8 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 8 | 7 | -12.5% |
22 Bedrooms | 29 | 23 | -20.7% |
33 Bedrooms | 28 | 18 | -35.7% |
44 Bedrooms | 14 | 11 | -21.4% |
55+ Bedrooms | 4 | 2 | -50.0% |
Summary: Tinton Falls housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -12.5%. The inventory for 2 bedroom homes decreased by -20.7%. The inventory for 3 bedroom homes decreased by -35.7%. The inventory for 4 bedroom homes decreased by -21.4%. The inventory for 5 bedroom homes decreased by -50.0%.
Asking Price vs. Sold Price
How much do homes in Tinton Falls, NJ cost?
Over Asking Price9 Homes
At Asking Price5 Homes
Under Asking Price9 Homes
If you're buying a home in Tinton Falls, you may be able to get a good deal. 39.1% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Tinton Falls in December 2024, up by 27.8% month-over-month. Of the 23 sold homes, 39% were sold under asking, 22% were sold at asking, and and 39% were sold over asking.
Days on Market for Tinton Falls, NJ
How long does it take to sell a home in Tinton Falls, NJ?
Breakdown of Home Sale Times
Under 30 Days18 Homes
30 – 90 Days4 Homes
Over 90 Days1 Home
Many homes in Tinton Falls are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 23 homes were sold in Tinton Falls; 78% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
23 DaysThis YearDec 2024 | ||
26 Days1 year agoDec 2023 | -10.6 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Tinton Falls had an average listing age of 23 days in Dec 2024, down by 10.6% compared to the previous year.
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Newest Listings in Tinton Falls, NJ
What homes are available in Tinton Falls, NJ?
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MLS Disclaimers and Copyright
Based on information from Monmouth Ocean Regional MLS, and ALL JERSEY 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.
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, 3:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.