Is Cliffwood, NJ 07721 a buyer’s or seller’s market?
Cliffwood is a seller’s market. With about 1.7 months of supply and 53% 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.
#38 of 110 ZIP codes in Middlesex, Monmouth, Ocean & Somerset, NJ, and #276 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 Cliffwood housing market right now
In the three months ending August 31, 2026, 53% of homes in Cliffwood, NJ 07721 sold above their list price, the typical home went under contract in 19 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 17 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 86%, homes sold more slowly (12 days then) and the median sale price rose 3% to $571,253. Overall, Cliffwood is less competitive than a year ago, which gives buyers more room.
Within Monmouth County, homes here sell faster than in 54% of the county’s ZIP codes, and sell less often over asking than in 52%. On our competition score, Cliffwood ranks #125 of 444 NJ ZIP codes with enough sales (score 87 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 07721
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 Cliffwood nearby
Find towns like Cliffwood in other states →Where Cliffwood is
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Questions about Cliffwood real estate
Is Cliffwood a buyer’s or seller’s market?
A seller’s market: there were 1.7 months of supply in Cliffwood, NJ 07721 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 Cliffwood?
The typical home went under contract in 19 days in the latest three months.
Do homes in Cliffwood sell over asking?
53% of homes sold above their original list price, and the typical sale closed at 100.6% of the list price.
What are property taxes in Cliffwood?
About 1.58% of a home’s value a year in Monmouth County, where towns range from 0.41% to 2.43%, or roughly $6,304 on a $400,000 home.
What is the median home price in Cliffwood?
The median sale price was $571,253 in the three months ending August 31, 2026, about $348 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