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MONROE TOWNSHIP, NJ 08831

Real Estate Market Report  ·  Middlesex County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
266
⇧ 7.3% vs 248 last year
Pending
105
39% pending ratio
Median Price
$465,000
⇧ 1.2% vs $459,500 last year
Average Price
$548,024
⇧ 1.1% vs $542,258 last year
Days on Market
64
⇧ 10.3% vs 58 days last year

Market Context

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

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

Market Analysis

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

The MONROE TOWNSHIP, NJ real estate market (08831) currently shows 266 active listings, with 105 pending sales. Homes are averaging 64 days on the market before going under contract.

Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 64 days on market compared to 58 days last year.

The median listing price has risen 1.2% year-over-year, from $459,500 to $465,000.

Whether you are buying or selling in MONROE TOWNSHIP, 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: 266 this year vs 248 last year
  • Days on market: 64 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $465,000 (+1.2% YoY)
  • Average: $548,024 (+1.1% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.5 miles — 875 listings ($595,257,554 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
08831Monroe Township, NJ 088310.0 mi266$145,774,384$465,000$548,024
08810Dayton, NJ 088104.5 mi19$13,832,000$517,500$728,000
08512Cranbury, NJ 085125.0 mi36$34,096,032$559,900$947,112
08535Millstone Township, NJ 085356.5 mi23$34,075,811$1,598,500$1,481,557
08816East Brunswick, NJ 088167.0 mi99$64,338,813$612,000$649,887
08520Hightstown, NJ 085207.4 mi61$30,842,881$475,000$505,621
08536Plainsboro, NJ 085368.1 mi50$33,067,150$684,000$661,343
08902North Brunswick, NJ 089028.3 mi66$36,285,942$464,900$549,787
08824Kendall Park, NJ 088249.1 mi21$13,781,145$636,000$656,245
07746Marlboro, NJ 077469.5 mi44$47,848,856$830,000$1,087,474
08561Windsor, NJ 085619.8 mi1$649,900$649,900$649,900
08550Princeton Junction, NJ 0855010.5 mi41$35,183,412$915,000$858,132
07728Freehold, NJ 0772810.5 mi148$105,481,228$534,950$712,711

Frequently Asked Questions

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

As of January 2026, there are 266 active listings in MONROE TOWNSHIP, NJ (zip code 08831), compared to 248 the prior year.

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

The median listing price in MONROE TOWNSHIP, NJ 08831 is $465,000 as of January 2026, a 1.2% increase from $459,500 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 64 days on the market before going under contract, compared to 58 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 January 2026, MONROE TOWNSHIP, NJ 08831 is currently a Buyer's Market. Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 64 days on market compared to 58 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 $9,300 compared to a typical 5% commission on the median listing price of $465,000. 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.