What the Pros Know
Market Snapshot
Zip Code 7723 | Monmouth County, NJ
728
Population
YoY
202241.9
Median Age
YoY
2022$73,796
Median Household Income
YoY
2022$4,102,500
Median Sale Price
18.0% MoM
13.2% YoY
5/20252
Homes Sold
33.3% MoM
50.0% YoY
5/20253.5
Months Inventory
31.3% MoM
483.3% YoY
5/2025253
Days on Market
28 MoM
1 YoY
5/20257
Listings
12.5% MoM
0.0% YoY
5/2025820
Price per Sq Ft
24.9% MoM
4.9% YoY
5/2025
1. Population Data from U.S. Census Bureau.
2. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.

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