Housing in Red Bank, NJ

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$937,500

Median List Price

$800,000

Price Per Sq Ft

$404

Days on Market

23

Active Inventory

18

Months of Supply

1.1

Seller's market

Zillow Home Value

$677,620

ZHVI — January 2026

Zillow Rent Index

$2,987

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 38.9%List Price 26.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

62.5%

Off Market in 2 Weeks

21.1%

Sale-to-List Ratio

102.3%

Seller's market

Sold Above Asking
62.5%
Under Contract in 2 Wks
21.1%
Listings with Price Drops
5.6%

Market Activity

Source: Redfin

Homes Sold

16

New Listings

17

Pending Sales

19

Homes Sold 5.9%New Listings 22.7%Pending 5.6%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$404

Median List $/SF

$435

Sale $/SF 31.2%List $/SF 15.1%Mar 24Jan 26

Red Bank vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Red Bank 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

$477,000

Median Rent

$1,985

Total Housing Units

6,184

Vacancy Rate

4.6%

Owner Occupied

50.1%

Renter Occupied

49.9%

Median Property Tax

$9,208

per year

Monthly Cost (w/ Mortgage)

$2,085

Housing Types

Single Family
51.0%
Multi-Family
49.0%
Mobile Home
0.0%

The current median sale price in Red Bank, NJ is $937,500 according to Redfin data. Homes spend a median of 23 days on the market. 62.5% of homes sold above asking price. The market has 1.1 months of supply. The median price per square foot is $404. Zillow's observed rent index is $2,987/month. About 50.1% of housing units are owner-occupied. The median year homes were built is 1955. There are 6,184 total housing units.