Is Mantoloking, NJ 08738 a buyer’s or seller’s market?

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

Mantoloking is a buyer’s market. With about 7.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Not ranked this month. Fewer than 15 sales in the 3-month window, so the numbers can swing too much to compare fairly. How the heat score works

Months of supply7.2Under 4 months = seller’s market
Sold above original list8.3%Share of sales, last 3 months
Median sale-to-list93.9%Sold price ÷ list price
Median days on market64Listing to accepted offer
Median price per sq ft$1,040▲ +5.7% vs. last year

The Mantoloking housing market right now

In the three months ending August 31, 2026, 8% of homes in Mantoloking, NJ 08738 sold above their list price, the typical home went under contract in 64 days and there were 7.2 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 12 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 29%, homes sold more slowly (35 days then) and the median sale price fell 16% to $2,508,914. Overall, Mantoloking is less competitive than a year ago, which gives buyers more room.

Within Ocean County, homes here sell more slowly than in 93% of the county’s ZIP codes, and sell less often over asking than in 96%.

Nearby, buyers who want less competition could look at Barnegat Light 08006 (0% 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 Mantoloking is

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Questions about Mantoloking real estate

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

A buyer’s market: there were 7.2 months of supply in Mantoloking, NJ 08738 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 Mantoloking?

The typical home went under contract in 64 days in the latest three months.

Do homes in Mantoloking sell over asking?

8% of homes sold above their original list price, and the typical sale closed at 93.9% of the list price.

What are property taxes in Mantoloking?

About 0.53% of a home’s value a year in Mantoloking Boro, Ocean County, or roughly $2,124 on a $400,000 home.

What is the median home price in Mantoloking?

The median sale price was $2,508,914 in the three months ending August 31, 2026, about $1,040 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