Housing in Ocean Grove, NJ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$885,000
Median List Price
$1,897,000
Price Per Sq Ft
$758
Days on Market
33
Active Inventory
7
Months of Supply
0.8
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
44.4%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
98.9%
Buyer's market
Market Activity
Source: RedfinHomes Sold
9
New Listings
2
Pending Sales
4
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$758
Median List $/SF
$695
Ocean Grove vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Ocean Grove 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
$764,200
Median Rent
$1,212
Total Housing Units
2,831
Vacancy Rate
39.4%
Owner Occupied
61.7%
Renter Occupied
38.3%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$2,317
Housing Types
The current median sale price in Ocean Grove, NJ is $885,000 according to Redfin data. Homes spend a median of 33 days on the market. 44.4% of homes sold above asking price. The market has 0.8 months of supply. The median price per square foot is $758. The median rent is $1,212 per month (Census ACS). About 61.7% of housing units are owner-occupied. The median year homes were built is 1938. There are 2,831 total housing units.