Monmouth County Spring Market update

Here’s a snapshot of the Monmouth County real estate market in 2025:

1. Market Trends: The median home sold price in Monmouth County reached $675,055 in March 2025, reflecting a 7.2% increase compared to the previous year. The market remains a seller's market, with high demand and limited inventory.

2. Inventory: Inventory levels have tightened, with a 14.9% decrease in homes available for sale year-over-year. This has contributed to rising prices and increased competition among buyers.

3. Property Types: Single-family homes continue to command strong prices, while townhouses and condos have seen slight price dips despite buyer interest. The adult community market has experienced record-low inventory but notable price surges.

Here’s a snapshot of the housing market in Rumson, Little Silver, and Fair Haven for 2025:

1. Rumson: The median home price in Rumson has risen to approximately $1.8 million, reflecting a 9.4% increase year-over-year. Waterfront properties and luxury homes remain highly sought after, contributing to competitive bidding and quick sales.

2. Little Silver: The median home price in Little Silver reached $890,000, marking a 3.4% increase compared to last year. Homes with water views or proximity to the shore are particularly popular, and the market remains a seller's market.

3. Fair Haven: Fair Haven's median home price climbed to $1.4 million, showing a 9.4% increase year-over-year. The community's family-friendly atmosphere and desirable location continue to drive demand.

The real estate market in Rumson, Fair Haven, and Little Silver in 2025 reflects the broader trends seen in Monmouth County. Here's a quick update:

1. Rumson: Known for its luxury homes and waterfront properties, Rumson continues to see strong demand. The median home price has risen by approximately 8% compared to last year, driven by limited inventory and high buyer interest.

2. Fair Haven: This family-friendly community has experienced a surge in demand for single-family homes. The market remains competitive, with homes often selling above the asking price. Inventory remains tight, contributing to rising prices.

3. Little Silver: Little Silver's market is also thriving, with a focus on its charming neighborhoods and proximity to the shore. The median home price has increased by about 6% year-over-year, and waterfront properties are particularly sought after.

If you're looking for specific listings or more detailed insights, let me know—I can help you explore further!

If you're considering buying or selling, these trends suggest it's a good time to strategize with a real estate professional. Let me know if you'd like help exploring specific neighborhoods or listings!

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