Photo: Mitchazenia · CC BY-SA 3.076 homes sold in Avenel in the last year, at a typical $504K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Avenel homes are listed.
Every place Avenel homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Avenel.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 96% of Avenel’s sales, at a typical $499K
76 homes sold in the year to May 2026.
typical sale · 73 sold in 12 months
- Per square foot
- $408NJ $331
- Days to sell
- 75
- Sold over asking
- 48%
- Listings with a price cut
- 10%
Multi-family (2–4 units): 3 sold, typical $623K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2023, at twice the 2016 price
76 sales in the last year, against 160 in 2022 and a low of 76 in 2012. The typical sale went from $257K in 2016 to $504K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $500K buys in Avenel
Check a listing against what Avenel homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Avenel are more common than before the pandemic, but 43% fewer homes come up for sale
We read every month of Avenel’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 76 sales.
If you’re buying in Avenel
- Shop in April. It brings about 12 new listings a month, close to the busiest month, with fewer bidding wars (43% over asking).
- Less room to haggle. Only 10% of listings cut their price, against 14% before the pandemic.
- Bid near asking. Buyers paid 100.8% of the list price on average; 47% paid over.
- You’ll usually have time. Only 22% of homes go under contract within two weeks; the typical one takes 74 days.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 15 a month), and the most competition: 53% close over asking. April offers nearly as much choice with fewer homes bid up (43%). December has the least competition (36%) but only about 8 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like New Jersey as a whole
| Avenel now | 2017–19 | 2021 peak | NJ now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 47% | 29% | 61% | 48% |
| Gone within two weeksShare of homes under contract within 14 days | 22% | 13% | 4% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | 10% | 14% | 7% | 17% |
| Price paid vs. askingAverage sale price ÷ list price | 100.8% | 97.8% | 101.9% | 101.2% |
| Days to sellMedian days from listing to contract | 74 | 104 | 73 | 45 |
27 homes for sale on a typical day
That’s 1.2 times the 2024 low (23), 43% fewer than in 2017–19 and well under 2015’s 64.
1 in 10 listings has cut its price
10% in the last year, against 14% in 2017–19 and 17% across New Jersey.
Avenel ranks 179th of 299 busy New Jersey markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Avenel is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Avenel home costs about $3,572 a month
Price: Avenel’s typical sale, last 12 months. Property tax at Avenel’s 2.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Avenel is affordable on local pay is on Cost of living.
Five things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 8.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $504K home, about $11,300 a year.
Taxes vs. neighborsCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Rahway, Woodbridge Township and Carteret sell for less a square foot
The busier markets within 25 miles of Avenel, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Rahway | 226 | $540K | $385 | 63% | 43 |
| Woodbridge Township | 224 | $486K | $350 | 55% | 69 |
| Colonia | 160 | $642K | $401 | 71% | 70 |
| Carteret | 131 | $549K | $351 | 53% | 91 |
| Iselin | 118 | $504K | $429 | 58% | 69 |
| Avenel | 76 | $504K | $403 | 47% | 74 |
| Port Reading | 25 | $521K | $432 | 56% | 90 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Avenel, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Avenel. People who follow the town see it, and so do people comparing Avenel with their own town. No commission, no listing fee.
Questions about buying a home in Avenel
What do homes sell for in Avenel, NJ?
76 homes sold in the year to May 2026 at a typical $504K, $403 a square foot.
Is Avenel a buyer’s or seller’s market?
A balanced market: 38 homes were for sale in May 2026 and 8 sold, about 4.8 months of supply. Buyers paid 100.8% of asking on average, and 10% of listings cut their price.
When is the best time to buy in Avenel?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Avenel?
About 2.2% of a home’s value a year. On a $504K home that’s near $11,300.
Where can I see homes for sale in Avenel?
Zillow, Redfin, Realtor.com and Homes.com all carry Avenel’s MLS listings; the search links above open each one filtered to Avenel.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).