Housing in Monmouth Junction, NJ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$575,000
Median List Price
$649,499
Price Per Sq Ft
$381
Days on Market
173
Active Inventory
19
Months of Supply
6.3
Buyer's market
Zillow Home Value
$682,383
ZHVI — January 2026
Zillow Rent Index
$2,519
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
33.3%
Off Market in 2 Weeks
50.0%
Sale-to-List Ratio
98.7%
Buyer's market
Market Activity
Source: RedfinHomes Sold
3
New Listings
4
Pending Sales
2
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$381
Median List $/SF
$293
Monmouth Junction vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Monmouth Junction is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$497,100
Median Rent
$1,880
Total Housing Units
3,624
Vacancy Rate
1.6%
Owner Occupied
63.4%
Renter Occupied
36.6%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$2,518
Housing Types
The current median sale price in Monmouth Junction, NJ is $575,000 according to Redfin data. Homes spend a median of 173 days on the market. 33.3% of homes sold above asking price. The market has 6.3 months of supply. The median price per square foot is $381. Zillow's observed rent index is $2,519/month. About 63.4% of housing units are owner-occupied. The median year homes were built is 1992. There are 3,624 total housing units.