Is Farmingdale, NJ 07727 a buyer’s or seller’s market?
Farmingdale is a seller’s market. With about 2.3 months of supply and 46% 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.
#60 of 110 ZIP codes in Middlesex, Monmouth, Ocean & Somerset, NJ, and #360 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 Farmingdale housing market right now
In the three months ending August 31, 2026, 46% of homes in Farmingdale, NJ 07727 sold above their list price, the typical home went under contract in 22 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 29 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 27%, homes sold faster (35 days then) and the median sale price fell 17% to $769,667. Overall, Farmingdale is more competitive than a year ago, so tougher for buyers.
Within Monmouth County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in 70%. On our competition score, Farmingdale ranks #183 of 444 NJ ZIP codes with enough sales (score 81 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 07727
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 Farmingdale nearby
Find towns like Farmingdale in other states →Where Farmingdale is
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Questions about Farmingdale real estate
Is Farmingdale a buyer’s or seller’s market?
A seller’s market: there were 2.3 months of supply in Farmingdale, NJ 07727 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 Farmingdale?
The typical home went under contract in 22 days in the latest three months.
Do homes in Farmingdale sell over asking?
46% of homes sold above their original list price, and the typical sale closed at 100.7% of the list price.
What are property taxes in Farmingdale?
About 1.79% of a home’s value a year in Farmingdale Boro, Monmouth County, or roughly $7,156 on a $400,000 home.
What is the median home price in Farmingdale?
The median sale price was $769,667 in the three months ending August 31, 2026, about $365 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