Housing in Morganville, NJ

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$950,000

Median List Price

N/A

Price Per Sq Ft

$401

Days on Market

18

Active Inventory

8

Months of Supply

2.7

Seller's market

Zillow Home Value

$825,205

ZHVI — January 2026

Zillow Rent Index

$3,202

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 33.8%List Price 34.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

100.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

105.3%

Seller's market

Sold Above Asking
100.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
50.0%

Market Activity

Source: Redfin

Homes Sold

3

Pending Sales

1

Homes Sold 0.0%New Listings 85.7%Pending 80.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$401

Sale $/SF 43.2%List $/SF 9.6%Mar 24Jan 26

Morganville vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Morganville 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

$575,900

Median Rent

$2,677

Total Housing Units

2,206

Vacancy Rate

1.0%

Owner Occupied

87.7%

Renter Occupied

12.3%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$2,719

Housing Types

Single Family
80.8%
Multi-Family
19.2%
Mobile Home
0.0%

The current median sale price in Morganville, NJ is $950,000 according to Redfin data. Homes spend a median of 18 days on the market. 100.0% of homes sold above asking price. The market has 2.7 months of supply. The median price per square foot is $401. Zillow's observed rent index is $3,202/month. About 87.7% of housing units are owner-occupied. The median year homes were built is 1992. There are 2,206 total housing units.