Monroe Township, NJ Housing Market 2026: What Homes Actually Sell For

Monroe Township produces a steady stream of closings but little consensus: sales over the last six months span a range wide enough that the median is a midpoint between different markets, not a going rate. The distribution below matters more than the headline.

The snapshot

• •Closings tracked, last 6 months: 907
• •Median sold price, last 6 months: $486,690
• •Median sold $/sqft, last 6 months: $288
• •Middle half of sales closed between: $337,500 and $725,000

What the numbers say

Resideline tracked 907 closed sales in Monroe Township over the last six months, with a median closing price of $486,690. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $337,500 and $725,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. Across the 835 closings with usable living area, the middle half sold between $252 and $340 per square foot.

Figures last updated September 6, 2026 from closings Resideline tracked.

Median home price in Monroe Township, NJ (September 2026)

The median home price in Monroe Township is $486,690, measured across the 907 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $337,500 and $725,000.

Where Monroe Township sale prices land

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Monroe Township over the last six months that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $337,500 and $725,000. Among the 51 New Jersey markets with a published band, Monroe Township's middle-half spread ($337,500 to $725,000) ranks 44th from the narrowest. Where your target property sits inside that spread matters more than the citywide median. Measured as the ratio of the upper to the lower quartile, its middle-half spread ranks in the 83rd percentile of the 2,187 US markets in Resideline's national Market Watch set, on data as of September 4, 2026.

How long a sale takes here

• •Listed to under contract: a median of 23 days, across 236 Monroe Township closings Resideline tracked in the last six months
• •Contract to closing: a median of 40 days, across 238 Monroe Township closings Resideline tracked in the last six months

The Monroe Township angle

Monroe Township recorded 907 closings in Resideline's six-month window. The median closed sale price was $486,690, and the middle half of sales closed between $337,500 and $725,000, a spread wider than most markets we track. The upper quartile sits much further above the median than the lower quartile sits below it, so the upper half of this market covers a great deal of ground and a median-anchored estimate will tend to land low on an above-median property. Value from tightly matched closed sales, and be explicit about which part of the quartile range your subject belongs in before you start adjusting.

From market read to offer price

A spread this wide means the citywide number cannot price a specific address; the step that matters is the property-level read. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Monroe Township address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

Source: Resideline Market Watch
Market: Monroe Township, NJ
Geography: township (minor civil division), Census county subdivision 3402347280
Data updated: September 2026
Analysis period: last six months
Tracked closings: 907
Median sold price: $486,690
Median sold $/sqft: $288 (835 qualifying)
https://resideline.com/blog/monroe-township-nj-housing-market

Writing about this market? Paste this into your post:

<a href="https://resideline.com/blog/monroe-township-nj-housing-market">
  <img src="https://resideline.com/images/embed/monroe-township-nj.png" alt="Monroe Township, NJ home sale price distribution, last six months" width="1000" style="max-width:100%;height:auto">
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<p>Source: <a href="https://resideline.com/blog/monroe-township-nj-housing-market">Resideline Market Watch</a></p>

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Monroe Township over the last six months, and is refreshed when the data is.