All Home Types
Red Bank, NJ Housing Market
What is the housing market like in Red Bank today?
In October 2024, Red Bank home prices were up 17.4% compared to last year, selling for a median price of $728K. On average, homes in Red Bank sell after 46 days on the market compared to 38 days last year. There were 27 homes sold in October this year, up from 21 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$728,000
+17.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Red Bank, NJ
$728,000
+17.4%
United States
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Red Bank Migration & Relocation Trends
In Sep '24 - Nov '24, 29% of Red Bank homebuyers searched to move out of Red Bank, while 71% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Red Bank from outside metros.
- San Francisco homebuyers searched to move into Red Bank more than any other metro followed by Seattle and Gainesville.
Where are people moving to Red Bank from?
- 71% 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 Boston and Philadelphia.
Where are people from Red Bank moving to?
Number of People Moving to Red Bank
least
most
People are moving to Red Bank from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 179 | ||
| 2 | 44 | ||
| 3 | 35 | ||
| 4 | 10 | ||
| 5 | 8 | ||
| 6 | 4 | ||
| 7 | 4 | ||
| 8 | 3 | ||
| 9 | 3 | ||
| 10 | 3 | ||
People are leaving Red Bank for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 4,605 | ||
| 2 | 4,152 | ||
| 3 | 4,074 | ||
| 4 | 2,027 | ||
| 5 | 2,017 | ||
| 6 | 1,999 | ||
| 7 | 1,885 | ||
| 8 | 1,678 | ||
| 9 | 1,287 | ||
| 10 | 1,265 | ||
Methodology
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.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Red Bank.
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