Manalapan Twp., NJ 07726 Market Trends: May 2026

Manalapan, New Jersey, May 2026, Single Family + Condo/Townhouse/Apt.

Q: Are prices rising?

A: The median sold price in Manalapan is currently $695,000, reflecting a 9% decrease month-over-month, with the median list price for new pending listings at $779,000.

Q: What about inventory levels?

A: Inventory is tightening with a 2.13 months supply, a 5% decrease from last month, and a 17% drop from last year, indicating limited options for buyers.

Q: How quickly are homes selling?

A: Homes are selling relatively swiftly, with median days on the market for sold listings at 25 days, which is a 26% reduction month-over-month, and new pending listings are seeing a median of 22 days.

Q: Are there many new listings?

A: There are 81 new listings with a median list price of $769,900, alongside 100 active listings priced at a median of $754,950, providing diverse opportunities for both first-time and move-up buyers.

Manalapan is known for its vibrant recreational facilities like the Monmouth Battlefield State Park, adding to the community’s appeal. With the current market dynamics, prospective buyers can find opportunities in a competitive market by acting swiftly and strategically. For expert guidance on navigating Manalapan’s real estate landscape, contact one of our ERA Central Realty Group agents.