Is Leonardo, NJ 07737 a buyer’s or seller’s market?
Leonardo is a seller’s market. With about 1.1 months of supply and 60% 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.
#13 of 110 ZIP codes in Middlesex, Monmouth, Ocean & Somerset, NJ, and #108 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 Leonardo housing market right now
In the three months ending August 31, 2026, 60% of homes in Leonardo, NJ 07737 sold above their list price, the typical home went under contract in 22 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 15 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 50%, homes sold about as fast and the median sale price fell 13% to $669,710. Overall, Leonardo 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 more often over asking than in 74%. On our competition score, Leonardo ranks #52 of 444 NJ ZIP codes with enough sales (score 93 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 07737
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 Leonardo nearby
Find towns like Leonardo in other states →Where Leonardo is
Loading map…
Questions about Leonardo real estate
Is Leonardo a buyer’s or seller’s market?
A seller’s market: there were 1.1 months of supply in Leonardo, NJ 07737 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 Leonardo?
The typical home went under contract in 22 days in the latest three months.
Do homes in Leonardo sell over asking?
60% of homes sold above their original list price, and the typical sale closed at 105.7% of the list price.
What are property taxes in Leonardo?
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 Leonardo?
The median sale price was $669,710 in the three months ending August 31, 2026, about $434 per square foot.
Local agents
See all agents in 07737 →No sponsored agents in 07737 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 07737
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology