Chris Raddatz, Listing Office: EXIT Realty East Coast Shirvanian
West Long Branch Housing Market Report December 2024•Monmouth County, New Jersey
Housing Prices in West Long Branch, NJ
How much do homes in West Long Branch, NJ cost?
Housing Market Conditions
Is West Long Branch, NJ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
West Long Branch is a Buyer's Market
Difference Since December 2023
At the same time last year, West Long Branch was a Seller's Market.
West Long Branch 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
The sold price of homes in West Long Branch has remained the same since last year.
Summary: The median home sold price in West Long Branch was $812,450 in December 2024, down 0.3% from last year, and the median price per square foot was $424.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Oceanport | $750K | $869.9K | +16.0% |
Ocean Township | $700K | $750K | +7.1% |
Eatontown | $468.2K | $485K | +3.6% |
Long Branch | $739.5K | $755K | +2.1% |
West Long Branch | $815K | $812.4K | -0.3% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $556.5K | $557.5K | 0.2% |
33 Bedrooms | $667.5K | $715.9K | +7.3% |
44 Bedrooms | $850K | $960K | +12.9% |
55+ Bedrooms | $1.1M | $1.4M | +26.6% |
Summary: West Long Branch housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by 0.2%. The home price for 3 bedroom homes increased by +7.3%. The home price for 4 bedroom homes increased by +12.9%. The home price for 5 bedroom homes increased by +26.6%.
Housing supply in West Long Branch, NJ
How many homes are available in West Long Branch, NJ?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
28Last MonthDec 2024 | ||
362 months agoNov 2024 | -22.2 % Change MoMNov – Dec |
Summary: The West Long Branch real estate market had 28 homes for sale in Dec 2024, a 22.2 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
3Last MonthDec 2024 | ||
52 months agoNov 2024 | -40.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 2 | 2 | 0.0% |
33 Bedrooms | 14 | 9 | -35.7% |
44 Bedrooms | 14 | 12 | -14.3% |
55+ Bedrooms | 6 | 5 | -16.7% |
Summary: West Long Branch 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 remained the same. The inventory for 3 bedroom homes decreased by -35.7%. The inventory for 4 bedroom homes decreased by -14.3%. The inventory for 5 bedroom homes decreased by -16.7%.
Asking Price vs. Sold Price
How much do homes in West Long Branch, NJ cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price3 Homes
If you're buying a home in West Long Branch, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in West Long Branch in December 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for West Long Branch, NJ
How long does it take to sell a home in West Long Branch, NJ?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days1 Home
Over 90 Days0 Home
Many homes in West Long Branch are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in West Long Branch; 67% of homes were sold within 30 days, 33% 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 |
---|---|---|
39 DaysThis YearDec 2024 | ||
14 Days1 year agoDec 2023 | +177.0 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in West Long Branch had an average listing age of 39 days in Dec 2024, up by 177.0% compared to the previous year.
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Newest Listings in West Long Branch, NJ
What homes are available in West Long Branch, 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.