Is Asbury Park, NJ 07712 a buyer’s or seller’s market?
Asbury Park is a seller’s market. With about 3.1 months of supply and 39% 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.
#82 of 110 ZIP codes in Middlesex, Monmouth, Ocean & Somerset, NJ, and #433 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 Asbury Park housing market right now
In the three months ending August 31, 2026, 39% of homes in Asbury Park, NJ 07712 sold above their list price, the typical home went under contract in 27 days and there were 3.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 132 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 28%, homes sold faster (35 days then) and the median sale price held steady to $796,155. Overall, Asbury Park is more competitive than a year ago, so tougher for buyers.
Within Monmouth County, homes here sell more slowly than in 78% of the county’s ZIP codes, and sell less often over asking than in 83%. On our competition score, Asbury Park ranks #274 of 444 NJ ZIP codes with enough sales (score 72 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) and Fair Haven 07704 (81% sold over asking) are even more competitive.
Run the numbers for 07712
Nearby markets
Allenhurst 07711Buyer’s market $2,523 /sq ftAllentown 08501Seller’s market $312 /sq ftAllenwood 08720 — /sq ftAtlantic Highlands 07716Seller’s market $474 /sq ft Browse all markets →Towns like Asbury Park nearby
Find towns like Asbury Park in other states →Where Asbury Park is
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Questions about Asbury Park real estate
Is Asbury Park a buyer’s or seller’s market?
A seller’s market: there were 3.1 months of supply in Asbury Park, NJ 07712 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 Asbury Park?
The typical home went under contract in 27 days in the latest three months.
Do homes in Asbury Park sell over asking?
39% of homes sold above their original list price, and the typical sale closed at 100.3% of the list price.
What are property taxes in Asbury Park?
About 1.76% of a home’s value a year in Asbury Park City, Monmouth County, or roughly $7,052 on a $400,000 home.
What is the median home price in Asbury Park?
The median sale price was $796,155 in the three months ending August 31, 2026, about $447 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