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ALLENWOOD, NJ 08720

Real Estate Market Report
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The ALLENWOOD, NJ real estate market (08720) currently shows 3 active listings, with 2 pending sales. Homes are averaging 5 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 5 days on market compared to 67 days last year.

The median listing price has risen 19.7% year-over-year, from $919,000 to $1,099,999.

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 Context

Market Context

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

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

Market Overview

Active Listings
3
⇩ 40% vs 5 last year
Pending
2
67% pending ratio
Median Price
$1,099,999
⇧ 19.7% vs $919,000 last year
Average Price
$1,099,999
⇧ 19.2% vs $922,667 last year
Days on Market
5
⇩ 92.5% vs 67 days last year

Price Per Square Foot

Median $/sqft
$399
⇧ 16% vs $344/sqft last year
Median Home Size
2,757 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 5 last year
  • Days on market: 5 now vs 67 last year

Median & Average Pricing

Year over Year
  • Median: $1,099,999 (+19.7% YoY)
  • Average: $1,099,999 (+19.2% 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 10.8 miles — 931 listings ($954,039,927 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
08720Allenwood, NJ 087200.0 mi2$1,866,850$933,425$933,425
07719Belmar, NJ 077192.9 mi42$44,724,288$759,000$1,064,864
08730Brielle, NJ 087303.6 mi20$57,462,000$2,247,500$2,873,100
07762Spring Lake, NJ 077624.2 mi24$70,202,832$2,207,000$2,925,118
07727Farmingdale, NJ 077274.9 mi28$26,275,788$829,990$938,421
07753Neptune, NJ 077535.3 mi116$68,636,968$559,950$591,698
08701Lakewood, NJ 087016.5 mi255$150,524,205$391,225$590,291
08723Brick, NJ 087237.0 mi109$75,702,353$533,500$694,517
07712Asbury Park, NJ 077128.0 mi124$159,799,420$969,000$1,288,705
07711Allenhurst, NJ 077118.8 mi14$56,502,250$3,200,000$4,035,875
07755Oakhurst, NJ 077559.7 mi49$100,418,640$1,449,250$2,049,360
07722Colts Neck, NJ 0772210.5 mi23$52,125,958$1,924,925$2,266,346
08755Toms River, NJ 0875510.8 mi125$89,798,375$497,550$718,387

Frequently Asked Questions

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

As of March 2026, there are 3 active listings in ALLENWOOD, NJ (zip code 08720), compared to 5 the prior year.

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

The median listing price in ALLENWOOD, NJ 08720 is $1,099,999 as of March 2026, a 19.7% increase from $919,000 the prior year.

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

Homes in ALLENWOOD, NJ 08720 spend an average of 5 days on the market before going under contract, compared to 67 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 March 2026, ALLENWOOD, NJ 08720 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 5 days on market compared to 67 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 $22,000 compared to a typical 5% commission on the median listing price of $1,099,999. 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.