Real Estate Price Maphome prices by county

Monmouth County, NJ home prices

Monmouth County, NJ: the typical home is worth $780,588 as of 2026-05, up +3.9% over the past year and +282.6% since 2000. Listings run about $406/sq ft…

Data as of · by the Real Estate Price Map data team · methodology & sources

Monmouth County is cooling and overvalued — a stretch for what people here earn.

Momentum+3.9%Cooling
Valuation+50%High bubble risk
Affordability5/10Stretched
Market38 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1975: $40,726 → 2026: $780,588 (19.2×) pre-2000 estimated via FHFA index

Typical value$780,5882026-05
1-year+3.9%
5-year+40.8%
10-year+90.3%
Since 2000+282.6%
Population647k2024
Median income$117,7522023 · 6.6× income
Median rent$2,888/mo2026 · 4.4% gross yield
New homes/yr2,7822024
Price / sq ft$406listings
Days on market382026-06
Active listings1,4662026-06
Price cuts10%of listings

Market read

At $780,588, homes in Monmouth County sit 33% above the New Jersey median ($587,181) and 234% above the US median ($233,954). That ranks #3 of 21 New Jersey counties by price.

Prices are holding steady (+3.9% in the last year) — a balanced market.

Homes here move at a steady pace — a median 38 days on the market, with 10% of listings cutting their asking price.

At 6.6× local income, that's pricier than the typical US county (~3.8×).

Against the typical US price-to-income and price-to-rent, homes here look ~50% expensive for local incomes and rents.

Renting looks cheaper — buying the typical home runs ~$3,853/mo (P&I, 20% down) vs $2,888/mo to rent.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Middlesex County, NJ ($587,181) · Richmond County, NY ($727,917) · Kings County, NY ($948,173) · Union County, NJ ($633,082) · Mercer County, NJ ($446,376) · Ocean County, NJ ($547,747)

Frequently asked questions

What is the average home price in Monmouth County, NJ?
The typical home in Monmouth County is worth $780,588 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Monmouth County rising or falling?
Prices are up +3.9% over the past year and +282.6% since 2000 — a balanced market.
Is Monmouth County affordable?
At 6.6× the local median income of $117,752, Monmouth County is pricier than the typical US county.
What is the rental yield in Monmouth County?
Median rent is $2,888/mo — a gross rental yield of 4.4% on the typical home.
How fast do homes sell in Monmouth County?
Homes here take a median of 38 days to sell, with 10% of listings cutting their asking price.
Median home value by year
YearMedian home value
2000$204,034
2001$230,886
2002$262,431
2003$301,696
2004$344,206
2005$394,807
2006$442,441
2007$451,197
2008$433,297
2009$398,389
2010$380,434
2011$373,063
2012$348,687
2013$353,024
2014$371,585
2015$389,367
2016$406,307
2017$417,767
2018$436,987
2019$458,331
2020$467,918
2021$517,733
2022$589,060
2023$646,163
2024$698,900
2025$745,082
2026$764,241