Manalapan, June 2026, Single Family + Condo/Townhouse/Apt.
Are prices rising?
Yes, the median sold price increased by 14% month-over-month to $792,500, indicating an upward trend in home prices.
What’s the inventory situation?
The market shows a 2.2-month supply of inventory, with a noticeable 10% decrease over the last year, suggesting a tightening market.
How quickly are homes selling?
Homes are selling faster, with a median of 16 days in RPR for sold listings, representing a 36% decrease in median days on the market compared to the previous month.
Are there opportunities for buyers?
With 68 new listings and a median list price of $799,894, buyers, especially first-time and move-up buyers, might find opportunities in this competitive market by acting quickly and considering properties that match their affordability and needs.
Manalapan is home to the Monmouth Battlefield State Park, offering rich history and outdoor activities. For personalized guidance through the Manalapan real estate market, reach out to one of our ERA Central Realty Group agents.