Is Asbury, NJ 08802 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Asbury 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.

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 supply4.2Under 4 months = seller’s market
Sold above original list61.5%Share of sales, last 3 months
Median sale-to-list100.9%Sold price ÷ list price
Median days on market20Listing to accepted offer
Median price per sq ft$261▼ −11.2% vs. last year

The Asbury housing market right now

In the three months ending August 31, 2026, 62% of homes in Asbury, NJ 08802 sold above their list price, the typical home went under contract in 20 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 13 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 45%, homes sold faster (28 days then) and the median sale price rose 18% to $724,686. Overall, Asbury is more competitive than a year ago, so tougher for buyers.

Within Hunterdon County, homes here sell faster than in 56% of the county’s ZIP codes, and sell more often over asking than in 72%.

Nearby, buyers who want less competition could look at Three Bridges 08887 (38% sold over asking) or Lambertville 08530 (38% sold over asking), while Oldwick 08858 (100% sold over asking) and Clinton 08809 (71% sold over asking) are even more competitive.

Nearby markets

Annandale 08801Seller’s market $290 /sq ftBloomsbury 08804Seller’s market $271 /sq ftCalifon 07830Seller’s market $297 /sq ftClinton 08809Seller’s market $325 /sq ft Browse all markets →

Where Asbury is

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Questions about Asbury real estate

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

A balanced market: there were 4.2 months of supply in Asbury, NJ 08802 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 Asbury?

The typical home went under contract in 20 days in the latest three months.

Do homes in Asbury sell over asking?

62% of homes sold above their original list price, and the typical sale closed at 100.9% of the list price.

What are property taxes in Asbury?

About 2.27% of a home’s value a year in Hunterdon County, where towns range from 1.78% to 3.48%, or roughly $9,092 on a $400,000 home.

What is the median home price in Asbury?

The median sale price was $724,686 in the three months ending August 31, 2026, about $261 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