Is Manchester Township, NJ 08759 a buyer’s or seller’s market?
Manchester Township is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
#108 of 110 ZIP codes in Middlesex, Monmouth, Ocean & Somerset, NJ, and #509 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
The Manchester Township housing market right now
In the three months ending August 31, 2026, 14% of homes in Manchester Township, NJ 08759 sold above their list price, the typical home went under contract in 36 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 305 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (16% then), homes sold faster (43 days then) and the median sale price rose 16% to $258,388. Overall, Manchester Township is about as competitive as it was a year ago.
Within Ocean County, homes here sell more slowly than in 68% of the county’s ZIP codes, and sell less often over asking than in 89%. On our competition score, Manchester Township ranks #420 of 444 NJ ZIP codes with enough sales (score 38 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.
Run the numbers for 08759
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 →Towns like Manchester Township nearby
Find towns like Manchester Township in other states →Where Manchester Township is
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Questions about Manchester Township real estate
Is Manchester Township a buyer’s or seller’s market?
A balanced market: there were 4.2 months of supply in Manchester Township, NJ 08759 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 Manchester Township?
The typical home went under contract in 36 days in the latest three months.
Do homes in Manchester Township sell over asking?
14% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.
What are property taxes in Manchester Township?
About 1.51% of a home’s value a year in Manchester Twp, Ocean County, or roughly $6,056 on a $400,000 home.
What is the median home price in Manchester Township?
The median sale price was $258,388 in the three months ending August 31, 2026, about $219 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