Is Lavallette, NJ 08735 a buyer’s or seller’s market?

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

Lavallette is a seller’s market. With about 2 months of supply and 23% 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 score21/ 100

#92 of 110 ZIP codes in Middlesex, Monmouth, Ocean & Somerset, NJ, and #463 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 supply2Under 4 months = seller’s market
Sold above original list23.2%Share of sales, last 3 months
Median sale-to-list98.5%Sold price ÷ list price
Median days on market45Listing to accepted offer
Median price per sq ft$1,003▲ +3.3% vs. last year

The Lavallette housing market right now

In the three months ending August 31, 2026, 23% of homes in Lavallette, NJ 08735 sold above their list price, the typical home went under contract in 45 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 44 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (24% then), homes sold more slowly (23 days then) and the median sale price rose 51% to $1,661,781. Overall, Lavallette is less competitive than a year ago, which gives buyers more room.

Within Ocean County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell less often over asking than in 79%. On our competition score, Lavallette ranks #387 of 444 NJ ZIP codes with enough sales (score 55 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.

Nearby markets

Barnegat 08005Seller’s market $267 /sq ftBarnegat Light 08006Balanced $1,049 /sq ftBayville 08721Seller’s market $329 /sq ftBeach Haven 08008Balanced $1,112 /sq ft Browse all markets →

Where Lavallette is

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Questions about Lavallette real estate

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

A seller’s market: there were 2 months of supply in Lavallette, NJ 08735 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 Lavallette?

The typical home went under contract in 45 days in the latest three months.

Do homes in Lavallette sell over asking?

23% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.

What are property taxes in Lavallette?

About 0.62% of a home’s value a year in Lavallette Boro, Ocean County, or roughly $2,476 on a $400,000 home.

What is the median home price in Lavallette?

The median sale price was $1,661,781 in the three months ending August 31, 2026, about $1,003 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