Is Fair Haven, NJ 07704 a buyer’s or seller’s market?
Fair Haven is a seller’s market. With about 1.1 months of supply and 81% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
#1 of 110 ZIP codes in Middlesex, Monmouth, Ocean & Somerset, NJ, and #11 of 531 across all the markets we track.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. How the heat score works
The Fair Haven housing market right now
In the three months ending August 31, 2026, 81% of homes in Fair Haven, NJ 07704 sold above their list price, the typical home went under contract in 12 days and there were 1.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 22 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 62%, homes sold faster (16 days then) and the median sale price rose 40% to $1,604,306. Overall, Fair Haven is more competitive than a year ago, so tougher for buyers.
Within Monmouth County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 98%. On our competition score, Fair Haven ranks #7 of 444 NJ ZIP codes with enough sales (score 98 out of 100).
Nearby, buyers who want less competition could look at Deal 07723 (0% sold over asking) or Allenhurst 07711 (0% sold over asking), while Roosevelt 08555 (100% sold over asking) is even more competitive.
Run the numbers for 07704
Nearby markets
Allenhurst 07711Buyer’s market $2,523 /sq ftAllentown 08501Seller’s market $312 /sq ftAllenwood 08720 — /sq ftAsbury Park 07712Seller’s market $447 /sq ft Browse all markets →Towns like Fair Haven nearby
Find towns like Fair Haven in other states →Where Fair Haven is
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Questions about Fair Haven real estate
Is Fair Haven a buyer’s or seller’s market?
A seller’s market: there were 1.1 months of supply in Fair Haven, NJ 07704 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Fair Haven?
The typical home went under contract in 12 days in the latest three months.
Do homes in Fair Haven sell over asking?
81% of homes sold above their original list price, and the typical sale closed at 110.5% of the list price.
What are property taxes in Fair Haven?
About 1.45% of a home’s value a year in Fair Haven Boro, Monmouth County, or roughly $5,816 on a $400,000 home.
What is the median home price in Fair Haven?
The median sale price was $1,604,306 in the three months ending August 31, 2026, about $778 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology