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Housing in Ocean Grove

93 homes sold in Ocean Grove in the last year, at a typical $876K

About one sale in 6 is a condo. 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 Ocean Grove homes are listed.

Homes sold
93
October 2025 to September 2026
Typical sale price
$876K
houses $1M · condos $493K (year to May 2026)
Price per square foot
$659
New Jersey $335
Paid vs. asking
101.1%
51% sold over asking
For sale now
14
September 2026 · 9 sold that month
What sold · last 12 months

16% of Ocean Grove’s sales are condos, at $513K less than a house

64 houses and 13 condos sold in the year to May 2026. Houses sell faster. Condos draw more bidding wars.

Houses$1M

typical sale · 64 sold in the year to May 2026

Per square foot
$647NJ $331
Days to sell
30
Sold over asking
47%
Listings with a price cut
19%
Condos$493K

typical sale · 13 sold in the year to May 2026

Per square foot
$653NJ $450
Days to sell
33
Sold over asking
54%
Listings with a price cut
40%
Fewer sales

Multi-family (2–4 units): 5 sold, typical $1M

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 1.9 times the 2016 price

93 sales in the last year, against 109 in 2020 and a low of 66 in 2023. The typical sale went from $469K in 2016 to $876K.

Homes soldTypical sale price
03775112150$475K$650K$825K$1M2012: 86 sold, typical $442K’122013: 87 sold, typical $352K2014: 92 sold, typical $425K’142015: 83 sold, typical $418K2016: 88 sold, typical $469K’162017: 95 sold, typical $488K2018: 87 sold, typical $564K’182019: 82 sold, typical $516K2020: 109 sold, typical $524K’202021: 82 sold, typical $643K2022: 79 sold, typical $768K’222023: 66 sold, typical $771K2024: 70 sold, typical $851K’242025: 80 sold, typical $884KLast 12 months: 93 sold, typical $876KNow

Source: Redfin Data Center, MLS sales; from June 2026 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. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $900K buys in Ocean Grove

Houseat $647 a sq ft, year to May 2026
Condoat $653 a sq ft, year to May 2026
The same money in New Jerseyat $331 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Ocean Grove 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 · 14 years of sales

Bidding wars in Ocean Grove are more common than before the pandemic, but 59% fewer homes come up for sale

We read every month of Ocean Grove’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 September 2026, 93 sales.

If you’re buying in Ocean Grove

  • Shop in August. It brings about 11 new listings a month, close to the busiest month, with fewer bidding wars (24% over asking).
  • Bid near asking. Buyers paid 101.1% of the list price on average; 51% paid over.
  • You’ll usually have time. Only 26% of homes go under contract within two weeks; the typical one takes 23 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

August has the most new listings (about 11 a month), but July is the most competitive: 37% of July sales close over asking. August has the least competition (24%).

New listings a monthShare sold over asking
03.87.511.31513%27%40%Sweet spotJan: 6 new listings a month, 33% sold over asking, 65 days to sellJFeb: 9 new listings a month, 25% sold over asking, 82 days to sellFMar: 11 new listings a month, 32% sold over asking, 93 days to sellMApr: 11 new listings a month, 26% sold over asking, 70 days to sellAMay: 11 new listings a month, 26% sold over asking, 52 days to sellMJun: 8 new listings a month, 27% sold over asking, 40 days to sellJJul: 10 new listings a month, 37% sold over asking, 53 days to sellJAug: 11 new listings a month, 24% sold over asking, 57 days to sellASep: 11 new listings a month, 32% sold over asking, 41 days to sellSOct: 7 new listings a month, 34% sold over asking, 44 days to sellONov: 8 new listings a month, 34% sold over asking, 48 days to sellNDec: 3 new listings a month, 28% sold over asking, 64 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than New Jersey

Ocean Grove now2017–192021 peakNJ now
Sold over askingShare of sales that closed above the list price51%16%52%44%
Gone within two weeksShare of homes under contract within 14 days26%20%41%30%
Price paid vs. askingAverage sale price ÷ list price101.1%96.5%101.8%100.9%
Days to sellMedian days from listing to contract23512946
Supply

13 homes for sale on a typical day

That’s 1.3 times the 2023 low (9), 59% fewer than in 2017–19 and well under 2012’s 72.

2012: 72 for sale’122013: 63 for sale2014: 55 for sale2015: 55 for sale’152016: 36 for sale2017: 27 for sale2018: 34 for sale’182019: 32 for sale2020: 23 for sale2021: 10 for sale’212022: 14 for sale2023: 9 for sale2024: 14 for sale’242025: 14 for saleLast 12 months: 13 for saleNow
Prices by type

Since 2019, houses are up 87%, condos 44%

A house typically sold for $1M in the year to May 2026 (64 sales), a condo for $493K (13).

$425K$650K$875K$1.1M2013201520172019202120232025NowHouses 2013: $384K, 51 salesHouses 2014: $414K, 63 salesHouses 2015: $451K, 55 salesHouses 2016: $501K, 59 salesHouses 2017: $491K, 70 salesHouses 2018: $609K, 66 salesHouses 2019: $539K, 59 salesHouses 2020: $569K, 82 salesHouses 2021: $706K, 54 salesHouses 2022: $876K, 60 salesHouses 2023: $856K, 52 salesHouses 2024: $893K, 53 salesHouses 2025: $953K, 60 salesHouses last 12 months: $1M, 64 salesHouses $1MCondos 2013: $283K, 23 salesCondos 2014: $393K, 22 salesCondos 2015: $277K, 22 salesCondos 2016: $343K, 15 salesCondos 2017: $384K, 17 salesCondos 2018: $408K, 15 salesCondos 2019: $343K, 19 salesCondos 2020: $406K, 19 salesCondos 2021: $455K, 18 salesCondos 2022: $380K, 14 salesCondos 2023: $436K, 8 salesCondos 2024: $613K, 8 salesCondos 2025: $509K, 14 salesCondos last 12 months: $493K, 13 salesCondos $493K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across New Jersey

Ocean Grove ranks 138th of 300 busy New Jersey markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Ocean Grove is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Before you buy in Ocean Grove

Four things worth knowing

11

New listings in August

The month with the most choice. December has the fewest, about 3.

Best time to buy
37 min

Typical commute

The average one-way trip to work for people who live in Ocean Grove.

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

Asbury Park, Neptune City and Wanamassa sell for less a square foot; Avon-by-the-Sea for far more

The busier markets within 25 miles of Ocean Grove, 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
Asbury Park204$823K$60219%59
Ocean Grove93$876K$65951%23
Belmar60$1.1M$67935%39
Neptune City46$573K$41649%19
Bradley Beach43$999K$79651%33
Wanamassa29$763K$47855%24
Avon-by-the-Sea23$1.7M$89920%43

Redfin Data Center, October 2025 to September 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 Ocean Grove, free

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

Questions about buying a home in Ocean Grove

What do homes sell for in Ocean Grove, NJ?

93 homes sold in the year to September 2026 at a typical $876K, $659 a square foot. Houses sold for about $1M, condos for about $493K in the year to May 2026.

Is Ocean Grove a buyer’s or seller’s market?

A seller’s market: 14 homes were for sale in September 2026 and 9 sold, about 1.4 months of supply. Buyers paid 101.1% of asking on average.

When is the best time to buy in Ocean Grove?

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

Where can I see homes for sale in Ocean Grove?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 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).