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Monroe Township, NJ 08831 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Monroe Township, NJ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.34
ActiveActive listings: 112112PendingPending sales: 3838
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): $405k$405kSoldMedian sold price (last 6 months): $470k$470k
What homes actually sell for in Monroe Township, NJ
Distribution of 911 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $338k to $710k
$225k to $341k: 206 sales206sales$225k$341k to $456k: 190 sales$456k to $572k: 142 sales$456k$572k to $687k: 85 sales$687k to $803k: 104 sales$687k$803k to $919k: 47 sales$919k to $1.03M: 25 sales$919k$1.03M to $1.15M: 21 salesMedian $470k

What the numbers say

As of September 14, 2026, Resideline is tracking 112 active listings and 38 pending sales in ZIP code 08831. That pending-to-active ratio of 0.34 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $404,950, while the median of the 911 closed sales Resideline tracked over the last six months was $470,000. 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 59 days.

Frequently asked questions

What is the median home price in 08831?

The median closed sale price in Monroe Township, NJ 08831 was $470,000 over the last six months, based on 911 closed sales tracked by Resideline. The middle half of those sales ranged from $337,500 to $710,000.

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

Resideline is currently tracking 38 pending sales against 112 active listings in 08831, a pending-to-active ratio of 0.34. 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

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