The Monmouth Heights at Manalapan housing market is very competitive. The median sale price of a home in Monmouth Heights at Manalapan was $772K last month, down 0.61% since last year. The median sale price per square foot in Monmouth Heights at Manalapan is $358, up 2.0% since last year.
Monmouth Heights at Manalapan Housing Market Trends
What is the housing market like in Monmouth Heights at Manalapan today?
In October 2024, Monmouth Heights at Manalapan home prices were down 0.61% compared to last year, selling for a median price of $772K. On average, homes in Monmouth Heights at Manalapan sell after 13 days on the market compared to 15 days last year. There were 8 homes sold in October this year, down from 13 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$772,250
-0.61% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Monmouth Heights at Manalapan, NJ
$772,250
-0.61%
United States
To compare other locations to the Monmouth Heights at Manalapan and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Robertsville add value to a home.
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How hot is the Monmouth Heights at Manalapan housing market?
Monmouth Heights at Manalapan is very competitive. Homes sell in 15 days.
0
100
88
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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 5% above list price and go pending in around 15 days.
Hot homes
can sell for about 10% above list price and go pending in around 11 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
104.0%
-1.7 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Monmouth Heights at Manalapan, NJ
104.0%
-1.7 pt
United States
View houses in Monmouth Heights at Manalapan that sold recently
Learn about schools in the Monmouth Heights at Manalapan area
Elementary
Middle
High
GreatSchools Rating
9/10
Lafayette Mills Elementary School
Public • N/A
487
Students
6 reviews
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 Heights at Manalapan housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Monmouth Heights at Manalapan.
Flood Factor - Moderate
19% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Monmouth Heights at Manalapan has a moderate risk of flooding. 75 properties in Monmouth Heights at Manalapan are likely to be
severely affected
by flooding over the next 30 years. This represents 19% of all properties in Monmouth Heights at Manalapan. Flood risk is increasing faster than the national average.
25% of properties are at risk of wildfire over the next 30 years
Fire Factor
Monmouth Heights at Manalapan has a moderate risk of wildfire. There are 240 properties in Monmouth Heights at Manalapan that have some risk of being affected by wildfire over the next 30 years. This represents 25% of all properties in Monmouth Heights at Manalapan.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Monmouth Heights at Manalapan has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Monmouth Heights at Manalapan is most at risk from hurricanes. 943 properties in Monmouth Heights at Manalapan 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 83 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 97 mph.
59% of properties are at major
risk of heat over the next 30 years
Heat Factor
Monmouth Heights at Manalapan has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 59% of homes in Monmouth Heights at Manalapan have a Major Heat Factor®.
Monmouth Heights at Manalapan is expected to see a 114% increase in the number of days over 99ºF over the next 30 years. Monmouth Heights at Manalapan is expected to experience 7