The Monmouth Junction housing market is somewhat competitive. Homes in Monmouth Junction receive 2 offers on average and sell in around 27 days. The median sale price of a home in Monmouth Junction was $565K last month, up 5.6% since last year. The median sale price per square foot in Monmouth Junction is $320, up 6.0% since last year.
What is the housing market like in Monmouth Junction today?
In May 2025, Monmouth Junction home prices were up 5.6% compared to last year, selling for a median price of $565K. On average, homes in Monmouth Junction sell after 27 days on the market compared to 47 days last year. There were 7 homes sold in May this year, down from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$565,000
+5.6% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Monmouth Junction, NJ
$565,000
+5.6%
United States
To compare other locations to the Monmouth Junction and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Monmouth Junction's median sale price is 28% higher than the national average. Overall cost of living in Monmouth Junction is 16% higher than the national average. Learn which home features in Monmouth Junction add value to a home.
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How hot is the Monmouth Junction housing market?
Monmouth Junction is somewhat competitive. Homes sell in 58 days.
0
100
58
Somewhat 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 6 months
Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 58 days.
Hot homes
can sell for about 3% above list price and go pending in around 41 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Monmouth Junction, NJ
102.0%
-7.0 pt
United States
Monmouth Junction Migration & Relocation Trends
In Feb '25 - Apr '25, 31% of Monmouth Junction homebuyers searched to move out of Monmouth Junction, while 69% looked to stay within the metropolitan area.
Where are people moving to Monmouth Junction from?
Across the nation, 3% of homebuyers searched to move into Monmouth Junction from outside metros.
Los Angeles homebuyers searched to move into Monmouth Junction more than any other metro followed by Vineyard Haven and Spokane.
Where are people from Monmouth Junction moving to?
69% 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.
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.
View houses in Monmouth Junction that sold recently
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 Monmouth Junction housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Monmouth Junction.
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Monmouth Junction has a minor risk of flooding. 68 properties in Monmouth Junction are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Monmouth Junction. Flood risk is increasing faster than the national average.
90% of properties are at risk of wildfire over the next 30 years
Fire Factor
Monmouth Junction has a moderate risk of wildfire. There are 2,185 properties in Monmouth Junction that have some risk of being affected by wildfire over the next 30 years. This represents 90% of all properties in Monmouth Junction.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Monmouth Junction has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Monmouth Junction is most at risk from hurricanes. 2,405 properties in Monmouth Junction 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 88 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 100 mph.
61% of properties are at major
risk of heat over the next 30 years
Heat Factor
Monmouth Junction has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 61% of homes in Monmouth Junction have a Major Heat Factor®.
Monmouth Junction is expected to see a 114% increase in the number of days over 101ºF over the next 30 years. Monmouth Junction is expected to experience 7