Forked River, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 450 transactions over the past year in Forked River. The median value for residential home transactions that occurred over the previous year is $475,478.35. The number of current listings in Forked River is 545, and the percentage of properties for sale in the city is 84.63%. Forked River, NJ currently has 99 properties in foreclosure, 0 bank owned properties, 5 properties headed for auction, and 545 properties for sale.
Forked River, NJ Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 08731 | $ 471,618 $ 307/sqft |
Housing Market Summary for Forked River, NJ
| Mar 2025 | March 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $465K | $392.6K | -15.56% |
| Median Sold Price | $436K | $392.6K | -9.95% |
| Homes For Sale | 105 | 541 | 415.24% |
| Homes Sold | 278 | 123 | -55.76% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Forked River, NJ
Browse Homes in Forked River, NJ
Forked River home values range from $125,600 to $1,871,200. The median estimated value of a home in Forked River is $475,478.35. The median list price of a home is 525,000, and the total count of properties in the city is 9,474.
- Pre-ForeclosurePre-foreclosure homes account for 0.99% of all residential properties in Forked River, NJ with 08731 containing 94 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Forked River, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,052,500 in 08731 to the lowest home value of $268,700 in 08731.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Forked River, NJ ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Forked River, NJ. There is 1 zips within Forked River, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions08731 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Forked River, NJ. Auction homes and other auction properties account for 0.05% of all properties in Forked River, NJ. There is 1 zips within Forked River, NJ; of that zips, the median estimated home value for homes going to auction ranges from $571,250 in 08731 to the lowest value of $312,000 in 08731.