The Asbury Park housing market is very competitive. The median sale price of a home in Asbury Park was $708K last month, down 2.4% since last year. The median sale price per square foot in Asbury Park is $585, up 5.4% since last year.
What is the housing market like in Asbury Park today?
In May 2025, Asbury Park home prices were down 2.4% compared to last year, selling for a median price of $708K. On average, homes in Asbury Park sell after 15 days on the market compared to 37 days last year. There were 16 homes sold in May this year, down from 21 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$707,500
-2.4% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Asbury Park, NJ
$707,500
-2.4%
United States
To compare other locations to the Asbury Park and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Asbury Park's median sale price is 70% higher than the national average. Overall cost of living in Asbury Park is 16% higher than the national average. Learn which home features in Asbury Park add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
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How hot is the Asbury Park housing market?
Asbury Park is very competitive. Homes sell in 29 days.
0
100
72
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 around list price and go pending in around 29 days.
Hot homes
can sell for about 2% above list price and go pending in around 14 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
101.7%
+4.5 pt YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Asbury Park, NJ
101.7%
+4.5 pt
United States
Asbury Park Migration & Relocation Trends
In Feb '25 - Apr '25, 31% of Asbury Park homebuyers searched to move out of Asbury Park, while 69% looked to stay within the metropolitan area.
Where are people moving to Asbury Park from?
Across the nation, 3% of homebuyers searched to move into Asbury Park from outside metros.
Los Angeles homebuyers searched to move into Asbury Park more than any other metro followed by Vineyard Haven and Spokane.
Where are people from Asbury Park moving to?
69% of Asbury Park homebuyers searched to stay within the Asbury Park metropolitan area.
Miami was the most popular destination among Asbury Park 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 Asbury Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Asbury Park.
Flood Factor - Minor
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Asbury Park has a minor risk of flooding. 441 properties in Asbury Park are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in Asbury Park. Flood risk is increasing slower than the national average.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Asbury Park has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Asbury Park is most at risk from hurricanes. 4,650 properties in Asbury Park 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 127 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 151 mph.