Is Long Branch, NJ 07740 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Long Branch is a buyer’s market. With about 6.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Heat score13/ 100

#105 of 110 ZIP codes in Middlesex, Monmouth, Ocean & Somerset, NJ, and #502 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

Months of supply6.3Under 4 months = seller’s market
Sold above original list26.5%Share of sales, last 3 months
Median sale-to-list99.3%Sold price ÷ list price
Median days on market33Listing to accepted offer
Median price per sq ft$453▲ +9.0% vs. last year

The Long Branch housing market right now

In the three months ending August 31, 2026, 27% of homes in Long Branch, NJ 07740 sold above their list price, the typical home went under contract in 33 days and there were 6.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 70 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (26% then), homes sold faster (43 days then) and the median sale price fell 2% to $739,680. Overall, Long Branch is more competitive than a year ago, so tougher for buyers.

Within Monmouth County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in 93%. On our competition score, Long Branch ranks #402 of 444 NJ ZIP codes with enough sales (score 51 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.

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 →

Where Long Branch is

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Questions about Long Branch real estate

Is Long Branch a buyer’s or seller’s market?

A buyer’s market: there were 6.3 months of supply in Long Branch, NJ 07740 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 Long Branch?

The typical home went under contract in 33 days in the latest three months.

Do homes in Long Branch sell over asking?

27% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.

What are property taxes in Long Branch?

About 1.37% of a home’s value a year in Long Branch City, Monmouth County, or roughly $5,480 on a $400,000 home.

What is the median home price in Long Branch?

The median sale price was $739,680 in the three months ending August 31, 2026, about $453 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