All Home Types
Monmouth Junction, NJ Housing Market
What is the housing market like in Monmouth Junction today?
In December 2024, Monmouth Junction home prices were up 8.4% compared to last year, selling for a median price of $505K. On average, homes in Monmouth Junction sell after 50 days on the market compared to 35 days last year. There were 10 homes sold in December this year, up from 5 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$505,000
+8.4% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Monmouth Junction, NJ
$505,000
+8.4%
United States
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Monmouth Junction Migration & Relocation Trends
In Oct '24 - Dec '24, 29% of Monmouth Junction homebuyers searched to move out of Monmouth Junction, while 71% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Monmouth Junction from outside metros.
- San Francisco homebuyers searched to move into Monmouth Junction more than any other metro followed by Seattle and Gainesville.
Where are people moving to Monmouth Junction from?
- 71% of Monmouth Junction homebuyers searched to stay within the Monmouth Junction metropolitan area.
- Miami was the most popular destination among Monmouth Junction homebuyers followed by Philadelphia and Boston.
Where are people from Monmouth Junction moving to?
Number of People Moving to Monmouth Junction
least
most
People are moving to Monmouth Junction from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Oct '24 - Dec '24 | ||
| 1 | 314 | ||
| 2 | 151 | ||
| 3 | 15 | ||
| 4 | 11 | ||
| 5 | 8 | ||
| 6 | 6 | ||
| 7 | 4 | ||
| 8 | 4 | ||
| 9 | 3 | ||
| 10 | 3 | ||
People are leaving Monmouth Junction for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Oct '24 - Dec '24 | ||
| 1 | 4,533 | ||
| 2 | 4,142 | ||
| 3 | 3,717 | ||
| 4 | 2,045 | ||
| 5 | 1,881 | ||
| 6 | 1,768 | ||
| 7 | 1,671 | ||
| 8 | 1,628 | ||
| 9 | 1,431 | ||
| 10 | 1,250 | ||
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 Monmouth Junction.
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