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Monroe Township, NJ 08831 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Monroe Township, NJ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.25
ActiveActive listings: 102102PendingPending sales: 2626
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): $477k$477kSoldMedian sold price (last 6 months): $500k$500k
What homes actually sell for in Monroe Township, NJ
Distribution of 851 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $338k to $735k
$229k to $346k: 192 sales192sales$229k$346k to $463k: 163 sales$463k to $580k: 141 sales$463k$580k to $697k: 84 sales$697k to $814k: 91 sales$697k$814k to $931k: 54 sales$931k to $1.05M: 21 sales$931k$1.05M to $1.16M: 22 salesMedian $500k

What the numbers say

As of October 26, 2026, Resideline is tracking 102 active listings and 26 pending sales in ZIP code 08831. That pending-to-active ratio of 0.25 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $476,950, while the median of the 851 closed sales Resideline tracked over the last six months was $499,900. 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 75 days.

Frequently asked questions

What is the median home price in 08831?

The median closed sale price in Monroe Township, NJ 08831 was $499,900 over the last six months, based on 851 closed sales tracked by Resideline. The middle half of those sales ranged from $337,500 to $735,000.

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

Resideline is currently tracking 26 pending sales against 102 active listings in 08831, a pending-to-active ratio of 0.25. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 08831 is currently a faster-moving market.

Nearby ZIP code market data

Full Monroe Township, NJ housing market report →

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