The Red Bank housing market is very competitive. The median sale price of a home in Red Bank was $748K last month, up 9.9% since last year. The median sale price per square foot in Red Bank is $428, up 10.6% since last year.
What is the housing market like in Red Bank today?
In June 2025, Red Bank home prices were up 9.9% compared to last year, selling for a median price of $748K. On average, homes in Red Bank sell after 19 days on the market compared to 19 days last year. There were 28 homes sold in June this year, up from 13 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$747,500
+9.9% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Red Bank, NJ
$747,500
+9.9%
United States
To compare other locations to the Red Bank and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Red Bank's median sale price is 67% higher than the national average. Overall cost of living in Red Bank is 16% higher than the national average. Learn which home features in Red Bank add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Red Bank
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How hot is the Red Bank housing market?
Red Bank is very competitive. Homes sell in 21 days.
0
100
85
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 21 days.
Hot homes
can sell for about 8% above list price and go pending in around 12 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
104.5%
+0.5 pt YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Red Bank, NJ
104.5%
+0.5 pt
United States
Red Bank Migration & Relocation Trends
In Feb '25 - Apr '25, 31% of Red Bank homebuyers searched to move out of Red Bank, while 69% looked to stay within the metropolitan area.
Where are people moving to Red Bank from?
Across the nation, 3% of homebuyers searched to move into Red Bank from outside metros.
Los Angeles homebuyers searched to move into Red Bank more than any other metro followed by Vineyard Haven and Spokane.
Where are people from Red Bank moving to?
69% of Red Bank homebuyers searched to stay within the Red Bank metropolitan area.
Miami was the most popular destination among Red Bank homebuyers followed by Philadelphia and Boston.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Red Bank housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Red Bank.
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Red Bank has a moderate risk of flooding. 271 properties in Red Bank are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Red Bank. Flood risk is increasing slower than the national average.
99% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Red Bank has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Red Bank is most at risk from hurricanes. 4,290 properties in Red Bank have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 119 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 143 mph.