Red Bank, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 338 transactions over the past year in Red Bank. The median value for residential home transactions that occurred over the previous year is $739,759.25. The number of current listings in Red Bank is 392, and the percentage of properties for sale in the city is 90.53%. Red Bank, NJ currently has 41 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 392 properties for sale.
Red Bank, NJ Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 07701 | $ 704,495 $ 455/sqft |
Housing Market Summary for Red Bank, NJ
| Jul 2025 | July 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $645K | $705.5K | 9.38% |
| Median Sold Price | $628.3K | $705.5K | 12.29% |
| Homes For Sale | 181 | 461 | 154.70% |
| Homes Sold | 104 | 74 | -28.85% |
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 Red Bank, NJ
Browse Homes in Red Bank, NJ
Red Bank home values range from $15,546 to $15,895,737. The median estimated value of a home in Red Bank is $739,759.25. The median list price of a home is 679,000, and the total count of properties in the city is 7,831.
- Pre-ForeclosurePre-foreclosure homes account for 0.47% of all residential properties in Red Bank, NJ with 07701 containing 37 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Red Bank, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,140,774 in 07701 to the lowest home value of $219,662 in 07701.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Red Bank, NJ ranges from the highest value of $2,911,286 in 07701 to the lowest value of $2,911,286 in 07701. Bank owned homes and properties account for 0.01% of properties in Red Bank, NJ. There is 1 zips within Red Bank, NJ; 07701 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07701 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Red Bank, NJ. Auction homes and other auction properties account for 0.04% of all properties in Red Bank, NJ. There is 1 zips within Red Bank, NJ; of that zips, the median estimated home value for homes going to auction ranges from $1,128,817 in 07701 to the lowest value of $1,128,817 in 07701.