Is Neptune, NJ 07753 a buyer’s or seller’s market?

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

Neptune is a seller’s market. With about 2.3 months of supply and 48% 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.

Heat score41/ 100

#52 of 110 ZIP codes in Middlesex, Monmouth, Ocean & Somerset, NJ, and #342 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 supply2.3Under 4 months = seller’s market
Sold above original list48.4%Share of sales, last 3 months
Median sale-to-list100.7%Sold price ÷ list price
Median days on market20Listing to accepted offer
Median price per sq ft$371▲ +12.8% vs. last year

The Neptune housing market right now

In the three months ending August 31, 2026, 48% of homes in Neptune, NJ 07753 sold above their list price, the typical home went under contract in 20 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 128 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 46%, homes sold faster (25 days then) and the median sale price fell 8% to $597,741. Overall, Neptune is more competitive than a year ago, so tougher for buyers.

Within Monmouth County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in 65%. On our competition score, Neptune ranks #171 of 444 NJ ZIP codes with enough sales (score 83 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 Neptune is

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Questions about Neptune real estate

Is Neptune a buyer’s or seller’s market?

A seller’s market: there were 2.3 months of supply in Neptune, NJ 07753 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 Neptune?

The typical home went under contract in 20 days in the latest three months.

Do homes in Neptune sell over asking?

48% 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 Neptune?

About 1.87% of a home’s value a year in Neptune City Boro, Monmouth County, or roughly $7,472 on a $400,000 home.

What is the median home price in Neptune?

The median sale price was $597,741 in the three months ending August 31, 2026, about $371 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