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RED BANK, NJ 07701

Real Estate Market Report  ·  Monmouth County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
56
⇩ 15.2% vs 66 last year
Pending
29
52% pending ratio
Median Price
$599,000
⇩ 22.7% vs $774,500 last year
Average Price
$937,502
⇩ 29% vs $1,320,112 last year
Days on Market
60
⇩ 20% vs 75 days last year

Market Context

Population: 25,253  ·  Density: 1,065.1/mi²  ·  Median household income: $109,911

Typical home value: $496,409  ·  Homeownership: 66.2%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The RED BANK, NJ real estate market (07701) currently shows 56 active listings, with 29 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 60 days on market compared to 75 days last year.

The median listing price has fallen 22.7% year-over-year, from $774,500 to $599,000.

Whether you are buying or selling in RED BANK, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 56 this year vs 66 last year
  • Days on market: 60 now vs 75 last year

Median & Average Pricing

Year over Year
  • Median: $599,000 (-22.7% YoY)
  • Average: $937,502 (-29% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.7 miles — 534 listings ($913,572,476 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07701Red Bank, NJ 077010.0 mi56$52,500,112$599,000$937,502
07702Shrewsbury, NJ 077022.6 mi5$6,600,000$1,320,000$1,320,000
07738Lincroft, NJ 077383.0 mi5$5,240,000$999,000$1,048,000
07737Leonardo, NJ 077373.5 mi8$5,478,000$665,000$684,750
07760Rumson, NJ 077603.9 mi31$121,739,666$2,999,999$3,927,086
07724Eatontown, NJ 077244.3 mi66$74,244,522$879,500$1,124,917
07758Port Monmouth, NJ 077585.0 mi9$5,409,900$644,900$601,100
07750Monmouth Beach, NJ 077505.1 mi20$31,818,560$662,500$1,590,928
07740Long Branch, NJ 077406.4 mi159$335,702,424$1,549,900$2,111,336
07732Highlands, NJ 077326.7 mi19$18,210,759$872,000$958,461
07722Colts Neck, NJ 077226.9 mi22$47,029,400$1,549,500$2,137,700
07712Asbury Park, NJ 077127.9 mi125$162,368,375$834,500$1,298,947
07723Deal, NJ 077238.7 mi9$47,230,758$4,349,950$5,247,862

Frequently Asked Questions

How many homes are for sale in RED BANK, NJ 07701?

As of January 2026, there are 56 active listings in RED BANK, NJ (zip code 07701), compared to 66 the prior year.

What is the median home price in RED BANK, NJ 07701?

The median listing price in RED BANK, NJ 07701 is $599,000 as of January 2026, a 22.7% decrease from $774,500 the prior year.

How long do homes stay on the market in RED BANK, NJ?

Homes in RED BANK, NJ 07701 spend an average of 60 days on the market before going under contract, compared to 75 days the prior year.

Is it a seller's or buyer's market in RED BANK, NJ 07701?

Based on current inventory and days-on-market data as of January 2026, RED BANK, NJ 07701 is currently a Seller's Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 60 days on market compared to 75 days last year.

How much can I save on real estate commission in RED BANK, NJ?

With SELL123.com's maximum 3% commission, sellers in RED BANK, NJ 07701 save an estimated $11,980 compared to a typical 5% commission on the median listing price of $599,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.