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OCEAN GROVE, NJ 07756

Real Estate Market Report  ·  Monmouth County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The OCEAN GROVE, NJ real estate market (07756) currently shows 16 active listings, with 6 pending sales. Homes are averaging 72 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 72 days on market compared to 26 days last year.

The median listing price has risen 21% year-over-year, from $799,000 to $966,875.

Whether you are buying or selling in OCEAN GROVE, 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 Context

Market Context

Population: 3,246  ·  Density: 3,352.0/mi²  ·  Median household income: $72,500

Typical home value: $789,121  ·  Homeownership: 51.3%

Market Overview

Active Listings
16
vs 16 last year
Pending
6
38% pending ratio
Median Price
$966,875
⇧ 21% vs $799,000 last year
Average Price
$1,205,052
⇧ 25.9% vs $957,400 last year
Days on Market
72
⇧ 176.9% vs 26 days last year

Price Per Square Foot

Median $/sqft
$583
⇩ 6.1% vs $621/sqft last year
Median Home Size
1,569 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 72 now vs 26 last year

Median & Average Pricing

Year over Year
  • Median: $966,875 (+21% YoY)
  • Average: $1,205,052 (+25.9% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.1 miles — 688 listings ($1,127,317,357 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07756Ocean Grove, NJ 077560.0 mi14$18,240,082$1,024,500$1,302,863
07717Avon By The Sea, NJ 077171.5 mi22$41,694,224$1,524,450$1,895,192
07723Deal, NJ 077232.7 mi9$57,048,147$5,562,250$6,338,683
07712Asbury Park, NJ 077123.5 mi124$159,799,420$969,000$1,288,705
07762Spring Lake, NJ 077624.3 mi24$70,202,832$2,207,000$2,925,118
07764West Long Branch, NJ 077645.3 mi33$56,993,739$1,380,500$1,727,083
07740Long Branch, NJ 077405.9 mi176$356,737,568$1,499,750$2,026,918
08736Manasquan, NJ 087367.1 mi24$52,441,032$1,597,000$2,185,043
08720Allenwood, NJ 087207.4 mi2$1,866,850$933,425$933,425
07727Farmingdale, NJ 077278.0 mi28$26,275,788$829,990$938,421
07739Little Silver, NJ 077398.7 mi13$30,044,859$2,174,500$2,311,143
08742Point Pleasant Beach, NJ 087429.5 mi81$156,335,022$1,084,950$1,930,062
08724Brick, NJ 0872410.1 mi138$99,637,794$533,000$722,013

Frequently Asked Questions

How many homes are for sale in OCEAN GROVE, NJ 07756?

As of March 2026, there are 16 active listings in OCEAN GROVE, NJ (zip code 07756), compared to 16 the prior year.

What is the median home price in OCEAN GROVE, NJ 07756?

The median listing price in OCEAN GROVE, NJ 07756 is $966,875 as of March 2026, a 21% increase from $799,000 the prior year.

How long do homes stay on the market in OCEAN GROVE, NJ?

Homes in OCEAN GROVE, NJ 07756 spend an average of 72 days on the market before going under contract, compared to 26 days the prior year.

Is it a seller's or buyer's market in OCEAN GROVE, NJ 07756?

Based on current inventory and days-on-market data as of March 2026, OCEAN GROVE, NJ 07756 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 72 days on market compared to 26 days last year.

How much can I save on real estate commission in OCEAN GROVE, NJ?

With SELL123.com's maximum 3% commission, sellers in OCEAN GROVE, NJ 07756 save an estimated $19,338 compared to a typical 5% commission on the median listing price of $966,875. 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.