45Alpha

Monmouth County, NJ Housing Market Brief

county · NJ · score computed October 2026

Balanced

What is Monmouth County, NJ’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●75
Inventory Health25%
●53

Population band 5 of 5 (population 103,008–9,808,667) · comparable within its band

Affordability20%
●9
Economic Strength20%
●70
Rental Yield15%
●8

Where is Monmouth County, NJ in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Monmouth County, NJ is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Monmouth County, NJ?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Monmouth County, NJ housing market data

MetricValueYoYSource
Median Sale Price$734K▲ +1.2%Redfin
Median Days on Market25 days0%Redfin
Months of Supply2.6▲ +18.2%Redfin
Homes for Sale1,763▲ +13.5%Redfin
Homes Sold673▼ -5.3%Redfin
Median Price / Sq Ft$405▲ +7.9%Redfin

How has Monmouth County, NJ’s Alpha Score moved?

Now: 45
2-period trend
Median sale price · 12 mo

Markets like Monmouth County, NJ

Frequently asked questions

Is Monmouth County, NJ a buyer's or seller's market?

In the scores computed October 2026, Monmouth County, NJ is classified as a Balanced Market, based on its Alpha Score of 45 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Monmouth County, NJ?

The median sale price in Monmouth County, NJ is $734K, having risen 1.2% over the past year, according to Redfin.

How affordable is Monmouth County, NJ?

Monmouth County, NJ scores 9 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Monmouth County, NJ's Alpha Score?

Monmouth County, NJ's strongest dimension is Price Momentum (75/100) and its weakest is Rental Yield (8/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Monmouth County, NJ? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.