Southwest, NJ Housing Market

The Southwest housing market is very competitive. The median sale price of a home in Southwest was $563K last month, down 22.4% since last year. The median sale price per square foot in Southwest is $368, up 47.4% since last year.

Trends
Demand
Schools
Climate

Southwest Housing Market Trends

What is the housing market like in Southwest today?

$563K

Sale Price

-22.4%
since last year

$368

Sale $/Sq. Ft.

+47.4%
since last year

Under List Price

0.5%

Days on Market

Down Payment

20.1%

Total Homes Sold

To compare other locations to the Southwest and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Asbury Park add value to a home.

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How hot is the Southwest housing market?

Southwest is very competitive. Homes sell in 35 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 35 days.
Hot homes
can sell for about 3% above list price and go pending in around 18 days.

View houses in Southwest that sold recently

Recently sold homes

SOLD JUN 6, 2025
$530,000 Last Sold Price
3 beds
2.5 baths
—sq ft
1338 Asbury Ave, Asbury Park, NJ 07712
List Price
$515,000
Sale to List
3% over list
Days on Market
202 days
1338 Asbury Ave, Asbury Park, NJ 07712
SOLD JUN 6, 2025
$695,000 Last Sold Price
4 beds
2.5 baths
1,875 sq ft
1105 Asbury Ave, Asbury Park, NJ 07712
List Price
$699,900
Sale to List
1% under list
Days on Market
191 days
1105 Asbury Ave, Asbury Park, NJ 07712
SOLD MAY 27, 2025
$490,000 Last Sold Price
3 beds
1.5 baths
—sq ft
1011 Mattison Ave, Asbury Park, NJ 07712
List Price
$475,000
Sale to List
3% over list
Days on Market
68 days
1011 Mattison Ave, Asbury Park, NJ 07712
SOLD MAY 23, 2025
$635,000 Last Sold Price
6 beds
2 baths
2,326 sq ft
1227 Monroe Ave, Asbury Park, NJ 07712
List Price
$619,999
Sale to List
2% over list
Days on Market
49 days
1227 Monroe Ave, Asbury Park, NJ 07712
SOLD APR 28, 2025
$380,000
—beds
—baths
1,195 sq ft
1220 Washington Ave, Asbury Park, NJ 07712
List Price
—
Sale to List
—
Days on Market
—
1220 Washington Ave, Asbury Park, NJ 07712
SOLD APR 15, 2025
$308,000 Last Sold Price
2 beds
1 bath
812 sq ft
1605 Sewall Ave, Asbury Park, NJ 07712
List Price
$279,000
Sale to List
10% over list
Days on Market
54 days
1605 Sewall Ave, Asbury Park, NJ 07712
SOLD APR 11, 2025
$825,000
—beds
—baths
2,173 sq ft
22 De Witt Ave, Asbury Park, NJ 07712
List Price
—
Sale to List
—
Days on Market
—
22 De Witt Ave, Asbury Park, NJ 07712
SOLD APR 10, 2025
$999,000
—beds
—baths
—sq ft
45 Borden Ave, Asbury Park, NJ 07712
List Price
—
Sale to List
—
Days on Market
—
45 Borden Ave, Asbury Park, NJ 07712
See all recently sold homes in Southwest.
See listings

Schools in Southwest

Learn about schools in the Southwest area

Elementary
Middle
High

GreatSchools Rating

2/10 Dr. Martin Luther King Middle School Public • 4-6	267 Students	3 reviews
NR Barack Obama Elementary School Public • PreK-5	267 Students	N/A

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 Southwest housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Southwest.

Wind Factor - Major

100% of properties are at major risk of a severe wind event over the next 30 years

Heat Factor - Severe

100% of properties are at severe risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Southwest

New Listings in Southwest

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