What the Pros Know

642,799

Population

0.2% YoY

2023

41.8

Median Age

3.5% YoY

2022

$118,527

Median Household Income

7.4% YoY

2022

351,878

Labor Force

0.1% MoM

0.5% YoY

4/2024

339,453

Employed

0.6% MoM

1.4% YoY

4/2024

3.5%

Unemployment Rate

16.7% MoM

29.6% YoY

4/2024

$720,000

Median Sale Price

2.9% MoM

12.3% YoY

5/2024

472

Homes Sold

5.8% MoM

4.1% YoY

5/2024

2.0

Months Inventory

0.7% MoM

30.9% YoY

5/2024

18

Days on Market

3 MoM

33 YoY

5/2024

951

Listings

3.3% MoM

33.2% YoY

5/2024

102.6%

Sale Price to List Price

1.5% MoM

1.1% YoY

5/2024

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Cities included in Monmouth County: Long Branch, Tinton Falls, Asbury Park, West Freehold, Eatontown, Red Bank, Robertsville, Keansburg, Matawan, West Long Branch, Yorketown, Rumson, Keyport, Strathmore, Lincroft, Ramtown, Fair Haven, Oceanport, Little Silver, Manasquan, Belmar, Union Beach, Morganville, Brielle, Spring Lake Heights, East Freehold, Highlands, Neptune City, Wanamassa, Atlantic Highlands, Bradley Beach, Shrewsbury, Port Monmouth, Oakhurst, Monmouth Beach, Shark River Hills, Cliffwood Beach, Ocean Grove, Spring Lake, West Belmar, North Middletown, Leonardo, Englishtown, Belford, Sea Girt, Allentown, Avon-by-the-Sea, Lake Como, Sea Bright, Farmingdale, Navesink, Roosevelt, Interlaken, Allenwood, Deal, Cream Ridge, Allenhurst, Loch Arbour


Zip Codes included in Monmouth County: [Click for zip code level data] 07701, 07702, 07703, 07704, 07711, 07712, 07716, 07717, 07718, 07719, 07720, 07721, 07722, 07723, 07724, 07726, 07727, 07728, 07730, 07731, 07732, 07733, 07734, 07735, 07737, 07738, 07739, 07740, 07746, 07748, 07750, 07751, 07753, 07755, 07756, 07757, 07758, 07760, 07762, 07764, 08501, 08510, 08514, 08535, 08555, 08720, 08730, 08736, 08750


 1.  Population Data from U.S. Census Bureau.
 2.  Employment Data from Bureau of Labor and Statistics
 3.  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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