Is Forked River, NJ 08731 a buyer’s or seller’s market?

The Forked River housing market right now

In the three months ending August 31, 2026, 44% of homes in Forked River, NJ 08731 sold above their list price, the typical home went under contract in 21 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 108 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 38%, homes sold faster (25 days then) and the median sale price rose 3% to $504,782. Overall, Forked River is more competitive than a year ago, so tougher for buyers.

Within Ocean County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 79%. On our competition score, Forked River ranks #174 of 444 NJ ZIP codes with enough sales (score 82 out of 100).

Nearby, buyers who want less competition could look at Barnegat Light 08006 (0% sold over asking) or Mantoloking 08738 (8% sold over asking), while Lakehurst 08733 (67% sold over asking) and Pine Beach 08741 (64% sold over asking) are even more competitive.