Monroe Township, NJ 08831 Market Trends: July 2026

Monroe Township, NJ 08831, July 2026, Single Family + Condo/Townhouse/Apt.

Q: Are prices rising?

A: The median sold price is $527,500, reflecting a 14% decrease from the previous month, while the median list price of new pending listings is $559,000.

Q: How’s the inventory looking?

A: Currently, there is a 4.45-month supply of inventory, with a significant 46% increase over the past year and a 23% rise in just the last month.

Q: What’s the average time on the market?

A: For new pending listings, the median days in RPR is 36, whereas for sold listings, it’s 50 days, which is a 138% increase from the previous month.

Q: What about new and active listings?

A: There are 155 new listings with a median list price of $499,900, and the number of active listings is 374, with a median price of $499,000.

Monroe Township offers convenient access to major highways and is home to the scenic Thompson Park. The current market dynamics suggest potential opportunities for buyers, particularly those seeking to leverage the increasing inventory and competitive pricing. Connect with ERA Central Realty Group agents