Is Ocean Grove, NJ 07756 a buyer’s or seller’s market?

The Ocean Grove housing market right now

In the three months ending August 31, 2026, 52% of homes in Ocean Grove, NJ 07756 sold above their list price, the typical home went under contract in 19 days and there were 1.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 32 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 36%, homes sold faster (25 days then) and the median sale price fell 7% to $774,665. Overall, Ocean Grove is more competitive than a year ago, so tougher for buyers.

Within Monmouth County, homes here sell faster than in 54% of the county’s ZIP codes, and sell less often over asking than in 59%. On our competition score, Ocean Grove ranks #72 of 444 NJ ZIP codes with enough sales (score 91 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.