Forked River, NJ Home Values & Market Trends

Real estate market trends reflect that there have been 332 transactions over the past year in Forked River. The median value for residential home transactions that occurred over the previous year is $493,986.09. The number of current listings in Forked River is 631, and the percentage of properties for sale in the city is 86.56%. Forked River, NJ currently has 98 properties in foreclosure, 0 bank owned properties, 5 properties headed for auction, and 631 properties for sale.

Forked River, NJ Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
08731

$ 516,076

$ 325/sqft

Housing Market Summary for Forked River, NJ

Jun 2025June 2026Change
Median Listing Price$459.9K$474.8K3.25%
Median Sold Price$453K$474.8K4.82%
Homes For Sale129629387.60%
Homes Sold27579-71.27%
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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%.

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Recently Sold Homes

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Browse Homes in Forked River, NJ

Forked River home values range from $140,410 to $2,145,557. The median estimated value of a home in Forked River is $493,986.09. The median list price of a home is 525,000, and the total count of properties in the city is 9,299.

Foreclosure
There is 1 zips within Forked River, NJ; within this zips, the median estimated home value for homes in foreclosure ranges from $1,082,863 in 08731 to the lowest value of $221,837 in 08731. Foreclosure homes account for 1.00% of properties in Forked River, NJ with 08731 containing 98 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.00% of all residential properties in Forked River, NJ with 08731 containing 93 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 $1,082,863 in 08731 to the lowest home value of $221,837 in 08731.
  • Bank Owned
    The 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.
  • Auctions
    08731 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 $469,554 in 08731 to the lowest value of $299,900 in 08731.
Homes for Sale
Homes and properties that are actively listed for sale account for 6.79% of residential properties in Forked River, NJ with 08731 containing 631 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Forked River, NJ; homes for sale in that zips, have a range of median values from $1,832,043 in 08731 to the lowest value of $152,437 in 08731.
    Sold Homes
    The median value for recently sold homes ranges from $1,043,133 in 08731 to the lowest price of $141,658 in 08731. There is 1 zips within Forked River, NJ. 08731 has 73 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.79% of properties in Forked River, NJ.

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