Counties › Monmouth County, NJ
Is the housing market slowing down in Monmouth County, NJ?
Yes — sales activity in Monmouth County, NJ is down. 592 homes sold during May 2026, against 700 in the same months a year earlier, a drop of 15%.
This page is about how many homes changed hands, not what they cost. The two move separately: prices are set by the homes that did sell, and volume tells you how many people managed to transact at all. A market can hold its prices while activity quietly drains out of it.
The change clears both tests we require before naming a direction: it is more than 3% in relative terms, and it is larger than the ordinary month-to-month variation you would expect on a market that sells 592 homes at a time.
The longer view, all measured over the May window so the season is held constant: 655 homes sold two years ago, 700 last year, 592 now. Across two years the level has held roughly steady.
What is on the shelf next to what is selling: 1,463 homes were on the market in Monmouth County, NJ, and 592 sold. At that pace it would take about 2.5 months to clear them all. There are more buyers than homes for sale. Sellers have the edge.
Every comparison on this page is to the SAME calendar months a year earlier, never to last month. Home sales roughly double between January and May in most of the country, so a month-over-month reading would tell you about the season and nothing about the market.
Source: Redfin's published market data for the Monmouth County, NJ area, through May 2026.
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More about the Monmouth County, NJ market
- When is the best month to sell a house in Monmouth County, NJ?
- How long does it take to sell a house in Monmouth County, NJ?
- Do homes sell above asking price in Monmouth County, NJ?
- Are home prices going up or down in Monmouth County, NJ?
- Is Monmouth County, NJ a buyer's market or a seller's market?
- Are sellers cutting prices in Monmouth County, NJ?
- What is the average home price in Monmouth County, NJ?
- How many homes are for sale in Monmouth County, NJ?
- All Monmouth County, NJ housing numbers
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Figures come from Redfin's published market data for the Monmouth County, NJ area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.