Monmouth County

A local view of the market.

Monmouth County, NJ, is experiencing a robust real estate market, with the median home listing price reaching $789,000 as of October 2024, reflecting a 6.8% increase year-over-year. The median sold home price is slightly lower at $696,000, indicating a competitive market where homes often sell close to their listing prices. Some of the top cities in Monmouth County include Middletown, Freehold, and Howell. Middletown boasts a median home listing price of $700,000 and offers a suburban feel with a population of about 66,000 residents. Freehold, known for its historical significance, has a median home price of $529,900 and a population of approximately 36,000. Howell, with a population of around 52,000, features a median home price of $675,000, making it a desirable location for families seeking suburban life. Living in Monmouth County offers a mix of suburban and rural experiences, with vast areas dedicated to agriculture and farming. The county's economy is supported by top industries such as healthcare, education, and retail. The region attracts new residents due to its proximity to New York City, offering a more relaxed lifestyle while still providing access to urban amenities. The migration patterns show that people are moving to Monmouth County for its quality of life, excellent schools, and the balance of suburban and rural living.