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Monroe Township, NJ 08831 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Monroe Township, NJ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.32
ActiveActive listings: 112112PendingPending sales: 3636
Monroe Township, NJ: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $479k$479kSoldMedian sold price (last 6 months): $480k$480k
What homes actually sell for in Monroe Township, NJ
Distribution of 904 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $338k to $725k
$225k to $334k: 149 sales$225k$334k to $444k: 217 sales217sales$444k to $553k: 145 sales$444k$553k to $662k: 87 sales$662k to $772k: 80 sales$662k$772k to $881k: 86 sales$881k to $991k: 31 sales$881k$991k to $1.1M: 18 salesMedian $480k

What the numbers say

As of October 5, 2026, Resideline is tracking 112 active listings and 36 pending sales in ZIP code 08831. That pending-to-active ratio of 0.32 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $479,000, while the median of the 904 closed sales Resideline tracked over the last six months was $480,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 08831 for 70 days.

Frequently asked questions

What is the median home price in 08831?

The median closed sale price in Monroe Township, NJ 08831 was $480,000 over the last six months, based on 904 closed sales tracked by Resideline. The middle half of those sales ranged from $337,500 to $725,000.

Is 08831 a buyer's or seller's market?

Resideline is currently tracking 36 pending sales against 112 active listings in 08831, a pending-to-active ratio of 0.32. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 08831 currently looks like a balanced market.

Nearby ZIP code market data

Full Monroe Township, NJ housing market report →

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