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Browntown Jamesburg Park

MONROE TOWNSHIP, NJ 08831

Real Estate Market Report
Buyer's Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 08831

Browntown · Jamesburg Park

Market Analysis

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

The MONROE TOWNSHIP, NJ real estate market (08831) currently shows 407 active listings, with 158 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has increased compared to last year, with 40 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 49 days on market compared to 45 days last year.

The median listing price has fallen 4.8% year-over-year, from $499,000 to $474,950.

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Market Context

Market Context

Population: 54,229  ·  Density: 408.1/mi²  ·  Median household income: $108,626

Typical home value: $449,376  ·  Homeownership: 89.6%

Market Overview

Active Listings
407
⇧ 10.9% vs 367 last year
Pending
158
39% pending ratio
Median Price
$474,950
⇩ 4.8% vs $499,000 last year
Average Price
$557,559
⇩ 5.1% vs $587,473 last year
Days on Market
49
⇧ 8.9% vs 45 days last year

Price Per Square Foot

Median $/sqft
$304
⇧ 0.7% vs $302/sqft last year
Median Home Size
1,565 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 407 this year vs 367 last year
  • Days on market: 49 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $474,950 (-4.8% YoY)
  • Average: $557,559 (-5.1% 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 10.5 miles — 893 listings ($617,225,587 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
08831Monroe Township, NJ 088310.0 mi283$151,884,968$454,000$536,696
08810Dayton, NJ 088104.5 mi15$11,826,000$578,100$788,400
08512Cranbury, NJ 085125.0 mi39$42,425,682$782,500$1,087,838
08535Millstone Township, NJ 085356.5 mi19$30,204,186$1,731,920$1,589,694
08816East Brunswick, NJ 088167.0 mi95$60,984,870$628,475$641,946
08520Hightstown, NJ 085207.4 mi68$36,171,852$488,725$531,939
08536Plainsboro, NJ 085368.1 mi47$36,704,039$696,500$780,937
08902North Brunswick, NJ 089028.3 mi63$36,569,862$467,450$580,474
08824Kendall Park, NJ 088249.1 mi27$19,597,896$699,900$725,848
07746Marlboro, NJ 077469.5 mi43$51,792,511$833,200$1,204,477
08561Windsor, NJ 085619.8 mi1$649,900$649,900$649,900
08550Princeton Junction, NJ 0855010.5 mi36$32,416,056$941,250$900,446
07728Freehold, NJ 0772810.5 mi157$105,997,765$477,250$675,145

Frequently Asked Questions

How many homes are for sale in MONROE TOWNSHIP, NJ 08831?

As of September 2026, there are 407 active listings in MONROE TOWNSHIP, NJ (zip code 08831), compared to 367 the prior year.

What is the median home price in MONROE TOWNSHIP, NJ 08831?

The median listing price in MONROE TOWNSHIP, NJ 08831 is $474,950 as of September 2026, a 4.8% decrease from $499,000 the prior year.

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

Homes in MONROE TOWNSHIP, NJ 08831 spend an average of 49 days on the market before going under contract, compared to 45 days the prior year.

Is it a seller's or buyer's market in MONROE TOWNSHIP, NJ 08831?

Based on current inventory and days-on-market data as of September 2026, MONROE TOWNSHIP, NJ 08831 is currently a Buyer's Market. Inventory has increased compared to last year, with 40 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 49 days on market compared to 45 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MONROE TOWNSHIP, NJ 08831 save an estimated $9,499 compared to a typical 5% commission on the median listing price of $474,950. 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.