Housing in Island Heights, NJ

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$370,000

Median List Price

$699,000

Price Per Sq Ft

$349

Days on Market

Active Inventory

Months of Supply

8.0

Buyer's market

Zillow Home Value

$605,356

ZHVI — January 2026

Price Trends

Source: Redfin

Sale Price ↓ 31.5%List Price ↓ 10.3%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

92.5%

Buyer's market

Sold Above Asking

0.0%

Market Activity

Source: Redfin

Homes Sold

New Listings

Homes Sold ↓ 66.7%New Listings ↑ 66.7%Pending ↓ 50.0%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$349

Median List $/SF

$431

Sale $/SF ↓ 3.1%List $/SF ↑ 19.4%Mar 24 → Jan 26

Island Heights vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Island Heights is highlighted.

Median Home Value

89th%ilemost expensive$492,600show rank

Median Rent

91st%ilemost expensive rent$1,889show rank

Median Price Per Sq Ft

87th%ilemost expensive $/sqft$349show rank

Rent Burden

67th%ilehighest rent burden21.1%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$492,600

Median Rent

$1,889

Total Housing Units

894

Vacancy Rate

11.6%

Owner Occupied

92.3%

Renter Occupied

7.7%

Median Property Tax

$7,507

per year

Monthly Cost (w/ Mortgage)

$1,925

Housing Types

Single Family

95.9%

Multi-Family

4.1%

Mobile Home

0.0%

The current median sale price in Island Heights, NJ is $370,000 according to Redfin data. Homes spend a median of 26 days on the market. 0.0% of homes sold above asking price. The market has 8.0 months of supply. The median price per square foot is $349. The median rent is $1,889 per month (Census ACS). About 92.3% of housing units are owner-occupied. The median year homes were built is 1954. There are 894 total housing units.