08831 Home Values & Market Trends

There are 1,067 homes currently listed for 08831. 08831 real estate market trends show that home prices range from $110,834 to $2,950,000, and the median sales price in the 08831 zip code is $635,865.73. The total number of properties sold within the past twelve months is 965. In 08831, 103 properties are in foreclosure, 2 are bank owned properties,and 9 are headed for auction.

08831 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value

Housing Market Summary for 08831

Jun 2025June 2026Change
Median Listing Price$687K$457.1K-33.46%
Median Sold Price$485.7K$457.1K-5.89%
Homes For Sale1761,005471.02%
Homes Sold521292-43.95%
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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 08831

The median list price of a home in Monroe Township, is $635,865.73. A total of 1,067 properties are for sale, and the percentage of properties for sale in the zip code is 91.20%. The total count of 08831 properties is 23,984.

Foreclosure
There is 1 cities within 08831; within this cities, the median estimated home value for homes in foreclosure ranges from $1,625,570 in Monroe Township to the lowest value of $223,573 in Monroe Township. Foreclosure homes account for 0.00% of properties in 08831 with Monroe Township containing 86 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.38% of all residential properties in 08831 with Monroe Township containing 79 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 08831; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,625,570 in Monroe Township to the lowest home value of $223,573 in Monroe Township.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 08831 ranges from the highest value of $0 in Monroe Township to the lowest value of $0 in Monroe Township. Bank owned homes and properties account for 0.01% of properties in 08831. There is 1 cities within 08831; Monroe Township containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Monroe Township has 6 auction properties, the highest number of properties going to auction in a single city in the state of 08831. Auction homes and other auction properties account for 0.04% of all properties in 08831. There is 1 cities within 08831; of that cities, the median estimated home value for homes going to auction ranges from $1,283,537 in Monroe Township to the lowest value of $241,565 in Monroe Township.
Homes for Sale
Homes and properties that are actively listed for sale account for 4.45% of residential properties in 08831 with Monroe Township containing 975 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 08831; homes for sale in that cities, have a range of median values from $2,250,000 in Monroe Township to the lowest value of $93,344 in Monroe Township.
    Sold Homes
    The median value for recently sold homes ranges from $2,467,338 in Monroe Township to the lowest price of $188,706 in Monroe Township. There is 1 cities within 08831. Monroe Township has 297 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.32% of properties in 08831.

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