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Downer Methodist NJPhoto: Smallbones · Public domain
Housing in Monroe Township

530 homes sold in Monroe Township in the last year, at a typical $352K

Redfin reports Monroe Township’s sales by ZIP code, so these figures are for ZIP 08094, which takes in Monroe Township and the area around it. 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 Monroe Township homes are listed.

Homes for sale in Monroe TownshipZillowRealtor.comMore places to look ↓
Homes sold
530
ZIP 08094 · June 2025 to May 2026
Typical sale price
$352K
median, weighted by sales
Price per square foot
$215
New Jersey $339
Paid vs. asking
99.6%
41% sold over asking
For sale now
107
May 2026 · 40 sold that month
What sold · last 12 months · ZIP 08094

Houses are 88% of Monroe Township’s sales, at a typical $354K

530 homes sold in the year to May 2026.

Houses$354K

typical sale · 468 sold in 12 months

Per square foot
$214NJ $331
Days to sell
40
Sold over asking
40%
Fewer sales

Condos: 3 sold, typical $248K

Too few sales in 12 months for reliable figures.

13 years of sales

About as many homes sell as usual, at twice the 2016 price

530 sales in the last year, against 816 in 2021 and a low of 363 in 2013. The typical sale went from $167K in 2016 to $352K.

Homes soldTypical sale price
0212425637850$175K$250K$325K$400K2013: 363 sold, typical $163K’132014: 370 sold, typical $174K2015: 442 sold, typical $162K’152016: 514 sold, typical $167K2017: 649 sold, typical $162K’172018: 710 sold, typical $169K2019: 795 sold, typical $183K’192020: 784 sold, typical $210K2021: 816 sold, typical $250K’212022: 639 sold, typical $273K2023: 537 sold, typical $293K’232024: 500 sold, typical $328K2025: 555 sold, typical $349K’25Last 12 months: 530 sold, typical $352KNow

Source: Redfin Data Center, MLS sales; for ZIP 08094, which takes in Monroe Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in Monroe Township

Houseat $214 a sq ft
The same money in New Jerseyat $331 a sq ft

Is this asking price fair?

Check a listing against what Monroe Township 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.

What the sales history says · 13 years of sales

Bidding wars in Monroe Township are more common than before the pandemic, but 63% fewer homes come up for sale

We read every month of home sales in ZIP 08094 since 2013 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, 530 sales.

If you’re buying in Monroe Township

  • Shop in March. It brings about 63 new listings a month, close to the busiest month, with fewer bidding wars (36% over asking).
  • Bid near asking. Buyers paid 99.6% of the list price on average; 41% paid over.
  • You’ll usually have time. Only 34% of homes go under contract within two weeks; the typical one takes 41 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 73 a month), but August is the most competitive: 41% of August sales close over asking. March and April offer nearly as much choice with fewer homes bid up (36%). February has the least competition (36%).

New listings a monthShare sold over asking
018.837.556.37520%40%60%Sweet spotJan: 52 new listings a month, 37% sold over asking, 62 days to sellJFeb: 53 new listings a month, 36% sold over asking, 68 days to sellFMar: 63 new listings a month, 36% sold over asking, 64 days to sellMApr: 68 new listings a month, 37% sold over asking, 62 days to sellAMay: 73 new listings a month, 36% sold over asking, 57 days to sellMJun: 72 new listings a month, 38% sold over asking, 47 days to sellJJul: 73 new listings a month, 40% sold over asking, 44 days to sellJAug: 73 new listings a month, 41% sold over asking, 43 days to sellASep: 71 new listings a month, 40% sold over asking, 44 days to sellSOct: 68 new listings a month, 39% sold over asking, 47 days to sellONov: 63 new listings a month, 39% sold over asking, 49 days to sellNDec: 55 new listings a month, 38% sold over asking, 56 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than New Jersey

Monroe Township now2017–192021 peakNJ now
Sold over askingShare of sales that closed above the list price41%27%57%48%
Gone within two weeksShare of homes under contract within 14 days34%12%52%31%
Listings with a price cutShare of homes for sale that cut their price———17%
Price paid vs. askingAverage sale price ÷ list price99.6%98%101.9%101.2%
Days to sellMedian days from listing to contract41712245
Supply

112 homes for sale on a typical day

That’s 1.3 times the 2023 low (84), 63% fewer than in 2017–19 and well under 2018’s 306.

2013: 264 for sale’132014: 291 for sale2015: 300 for sale2016: 296 for sale’162017: 302 for sale2018: 306 for sale2019: 286 for sale’192020: 163 for sale2021: 121 for sale2022: 103 for sale’222023: 84 for sale2024: 109 for sale2025: 123 for sale’25Last 12 months: 112 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 08094, which takes in Monroe Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2013 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Monroe Township home costs about $2,656 a month

Mortgage
Property tax
Insurance
Rent

Price: Monroe Township’s typical sale, last 12 months. Property tax at Monroe Township’s 2.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Monroe Township is affordable on local pay is on Cost of living.

Before you buy in Monroe Township

Six things worth knowing

73

New listings in July

The month with the most choice. January has the fewest, about 52.

Best time to buy
2.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $352K home, about $9,840 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Monroe Township, from test results, graduation and how much students grow.

Schools in Monroe Township
32 min

Typical commute

The average one-way trip to work for people who live in Monroe Township.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Clayton, Sicklerville and Franklinville sell for less a square foot

The busier markets within 25 miles of Monroe Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Sicklerville632$356K$20044%44
Monroe Township (ZIP 08094)530$352K$21541%41
Williamstown192$339K$21139%43
Clayton94$328K$20947%39
Victory Lakes45$391K$24129%65
Collings Lakes36$297K$21644%48
Franklinville21$340K$19548%59

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.

Selling, or renting out?

Post your home to Monroe Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Monroe Township. People who follow the town see it, and so do people comparing Monroe Township with their own town. No commission, no listing fee.

Questions about buying a home in Monroe Township

What do homes sell for in Monroe Township, NJ?

530 homes sold in the year to May 2026 at a typical $352K, $215 a square foot.

Is Monroe Township a buyer’s or seller’s market?

A seller’s market: 107 homes were for sale in May 2026 and 40 sold, about 2.7 months of supply. Buyers paid 99.6% of asking on average.

When is the best time to buy in Monroe Township?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Monroe Township?

About 2.8% of a home’s value a year. On a $352K home that’s near $9,840.

Where can I see homes for sale in Monroe Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Monroe Township’s MLS listings; the search links above open each one filtered to Monroe Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 08094, which takes in Monroe Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). 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).