Monroe Township, NJ 08831 Market Trends: April 2026

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

Are prices rising?

The median sold price in Monroe Township is $445,500, which represents a 4% decrease month over month. However, the median list price for new pending listings is $525,000, indicating potential upward pressure on prices.

How long are homes staying on the market?

Homes in Monroe Township are moving quickly, with a median of 33 days in RPR, showing a 23% decrease in median days on the market compared to the previous month.

What about inventory levels?

The area currently has 2.76 months of inventory, with a 12% increase in inventory over the last month, but an 11% decrease over the past year, suggesting a fluctuating supply that may impact buyer choices.

Are new listings available?

Yes, there are 174 new listings with a median list price of $547,500, offering a variety of options for both first-time and move-up buyers looking to enter the market.

Monroe Township is home to Thompson Park, a popular spot for outdoor activities and community events. With the current market trends, now is a strategic time for buyers to evaluate their options and consider entering the Monroe Township market. For personalized guidance, connect with one of our ERA Central Realty Group agents.