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ALLENWOOD, NJ 08720

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

Market Overview

Active Listings
2
⇩ 33.3% vs 3 last year
Pending
1
50% pending ratio
Median Price
$946,950
⇩ 0.2% vs $949,000 last year
Average Price
$946,950
⇧ 2.7% vs $922,333 last year
Days on Market
99
⇩ 1% vs 100 days last year

Market Context

Population: 644  ·  Density: 94.2/mi²  ·  Median household income: $138,636

Typical home value: $637,476  ·  Homeownership: 83.2%

Market Analysis

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

The ALLENWOOD, NJ real estate market (08720) currently shows 2 active listings, with 1 pending sales. Homes are averaging 99 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 99 days on market compared to 100 days last year.

The median listing price has fallen 0.2% year-over-year, from $949,000 to $946,950.

Whether you are buying or selling in ALLENWOOD, 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: 2 this year vs 3 last year
  • Days on market: 99 now vs 100 last year

Median & Average Pricing

Year over Year
  • Median: $946,950 (-0.2% YoY)
  • Average: $946,950 (+2.7% 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 11.0 miles — 958 listings ($940,992,119 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
08720Allenwood, NJ 087200.0 mi2$1,893,900$946,950$946,950
07719Belmar, NJ 077192.9 mi49$44,507,288$775,000$908,312
08730Brielle, NJ 087303.6 mi21$50,088,822$1,799,000$2,385,182
07762Spring Lake, NJ 077624.2 mi22$57,529,846$1,072,450$2,614,993
07727Farmingdale, NJ 077274.9 mi28$22,829,352$794,450$815,334
07753Neptune, NJ 077535.3 mi104$60,052,512$585,000$577,428
08701Lakewood, NJ 087016.5 mi255$144,919,815$354,500$568,313
08723Brick, NJ 087237.0 mi113$79,012,538$539,900$699,226
07712Asbury Park, NJ 077128.0 mi125$162,368,375$834,500$1,298,947
07711Allenhurst, NJ 077118.8 mi11$38,223,427$2,999,000$3,474,857
07755Oakhurst, NJ 077559.7 mi42$83,973,792$1,485,000$1,999,376
07728Freehold, NJ 0772810.7 mi148$105,481,228$534,950$712,711
08735Lavallette, NJ 0873511.0 mi38$90,111,224$1,624,000$2,371,348

Frequently Asked Questions

How many homes are for sale in ALLENWOOD, NJ 08720?

As of January 2026, there are 2 active listings in ALLENWOOD, NJ (zip code 08720), compared to 3 the prior year.

What is the median home price in ALLENWOOD, NJ 08720?

The median listing price in ALLENWOOD, NJ 08720 is $946,950 as of January 2026, a 0.2% decrease from $949,000 the prior year.

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

Homes in ALLENWOOD, NJ 08720 spend an average of 99 days on the market before going under contract, compared to 100 days the prior year.

Is it a seller's or buyer's market in ALLENWOOD, NJ 08720?

Based on current inventory and days-on-market data as of January 2026, ALLENWOOD, NJ 08720 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 99 days on market compared to 100 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ALLENWOOD, NJ 08720 save an estimated $18,939 compared to a typical 5% commission on the median listing price of $946,950. 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.