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TOWNSHIP OF OCEAN HISTORICAL MUSEUM, OAKHURST, MONMOUTH COUNTY NJPhoto: JERRYE & ROY KLOTZ, M.D. · CC BY-SA 4.0
Housing in Ocean Township

430 homes sold in Ocean Township in the last year, at a typical $746K

Redfin reports Ocean Township’s sales by ZIP code, so these figures are for ZIP 07712, which takes in Ocean Township and the area around it. Houses and condos split the market almost evenly. 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 Township homes are listed.

Homes for sale in Ocean TownshipZillowRealtor.comMore places to look ↓
Homes sold
430
ZIP 07712 · June 2025 to May 2026
Typical sale price
$746K
houses $828K · condos $595K
Price per square foot
$438
New Jersey $339
Paid vs. asking
99.5%
36% sold over asking
For sale now
114
May 2026 · 29 sold that month
What sold · last 12 months · ZIP 07712

46% of Ocean Township’s sales are condos, at $233K less than a house

213 houses and 196 condos sold in the year to May 2026. Houses draw more bidding wars.

Houses$828K

typical sale · 213 sold in 12 months

Per square foot
$416NJ $331
Days to sell
25
Sold over asking
41%
Condos$595K

typical sale · 196 sold in 12 months

Per square foot
$524NJ $450
Days to sell
28
Sold over asking
32%
14 years of sales

About as many homes sell as usual, at 2.3 times the 2016 price

430 sales in the last year, against 609 in 2021 and a low of 318 in 2012. The typical sale went from $325K in 2016 to $746K.

Homes soldTypical sale price
0162325487650$350K$500K$650K$800K2012: 318 sold, typical $292K’122013: 435 sold, typical $324K2014: 457 sold, typical $304K’142015: 469 sold, typical $328K2016: 594 sold, typical $325K’162017: 590 sold, typical $355K2018: 584 sold, typical $372K’182019: 507 sold, typical $392K2020: 580 sold, typical $429K’202021: 609 sold, typical $483K2022: 494 sold, typical $538K’222023: 369 sold, typical $586K2024: 388 sold, typical $634K’242025: 449 sold, typical $722KLast 12 months: 430 sold, typical $746KNow

Source: Redfin Data Center, MLS sales; for ZIP 07712, which takes in Ocean 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 $750K buys in Ocean Township

Houseat $416 a sq ft
Condoat $524 a sq ft
The same money in New Jerseyat $331 a sq ft

Is this asking price fair?

Check a listing against what Ocean 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 · 14 years of sales

Bidding wars in Ocean Township are more common than before the pandemic, but 39% fewer homes come up for sale

We read every month of home sales in ZIP 07712 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, 430 sales.

If you’re buying in Ocean Township

  • Shop in March. It brings about 55 new listings a month, close to the busiest month, with fewer bidding wars (27% over asking).
  • Bid near asking. Buyers paid 99.5% of the list price on average; 36% paid over.
  • You’ll usually have time. Only 29% of homes go under contract within two weeks; the typical one takes 27 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

May has the most new listings (about 68 a month), but June is the most competitive: 33% of June sales close over asking. March and April offer nearly as much choice with fewer homes bid up (27%). March has the least competition (27%).

New listings a monthShare sold over asking
017.53552.57013%27%40%Sweet spotJan: 37 new listings a month, 29% sold over asking, 61 days to sellJFeb: 41 new listings a month, 28% sold over asking, 65 days to sellFMar: 55 new listings a month, 27% sold over asking, 66 days to sellMApr: 62 new listings a month, 29% sold over asking, 58 days to sellAMay: 68 new listings a month, 31% sold over asking, 50 days to sellMJun: 66 new listings a month, 33% sold over asking, 44 days to sellJJul: 64 new listings a month, 32% sold over asking, 41 days to sellJAug: 61 new listings a month, 31% sold over asking, 36 days to sellASep: 58 new listings a month, 30% sold over asking, 40 days to sellSOct: 56 new listings a month, 28% sold over asking, 42 days to sellONov: 48 new listings a month, 29% sold over asking, 48 days to sellNDec: 39 new listings a month, 29% sold over asking, 47 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

Ocean Township now2017–192021 peakNJ now
Sold over askingShare of sales that closed above the list price36%22%49%48%
Gone within two weeksShare of homes under contract within 14 days29%25%36%31%
Listings with a price cutShare of homes for sale that cut their price———17%
Price paid vs. askingAverage sale price ÷ list price99.5%98.2%100.7%101.2%
Days to sellMedian days from listing to contract27422745
Supply

97 homes for sale on a typical day

That’s 1.2 times the 2023 low (80), 39% fewer than in 2017–19 and well under 2015’s 324.

2012: 313 for sale’122013: 267 for sale2014: 315 for sale2015: 324 for sale’152016: 191 for sale2017: 159 for sale2018: 144 for sale’182019: 173 for sale2020: 145 for sale2021: 97 for sale’212022: 118 for sale2023: 80 for sale2024: 84 for sale’242025: 97 for saleLast 12 months: 97 for saleNow
Prices by type

Since 2019, houses are up 78%, condos 75%

A house typically sold for $828K in the last year (213 sales), a condo for $595K (196).

$375K$550K$725K$900K2013201520172019202120232025NowHouses 2013: $386K, 269 salesHouses 2014: $365K, 253 salesHouses 2015: $369K, 252 salesHouses 2016: $376K, 304 salesHouses 2017: $403K, 328 salesHouses 2018: $421K, 338 salesHouses 2019: $465K, 260 salesHouses 2020: $526K, 327 salesHouses 2021: $564K, 325 salesHouses 2022: $614K, 245 salesHouses 2023: $711K, 198 salesHouses 2024: $714K, 223 salesHouses 2025: $797K, 223 salesHouses last 12 months: $828K, 213 salesHouses $828KCondos 2013: $270K, 145 salesCondos 2014: $251K, 182 salesCondos 2015: $292K, 191 salesCondos 2016: $281K, 258 salesCondos 2017: $315K, 231 salesCondos 2018: $326K, 212 salesCondos 2019: $340K, 226 salesCondos 2020: $343K, 226 salesCondos 2021: $378K, 254 salesCondos 2022: $462K, 212 salesCondos 2023: $498K, 150 salesCondos 2024: $524K, 148 salesCondos 2025: $596K, 201 salesCondos last 12 months: $595K, 196 salesCondos $595K

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

Source: Redfin Data Center, ZIP code tracker; for ZIP 07712, which takes in Ocean Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Before you buy in Ocean Township

Five things worth knowing

68

New listings in May

The month with the most choice. January has the fewest, about 37.

Best time to buy
B

Schools

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

Schools in Ocean Township
26 min

Typical commute

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

Eatontown sells for less a square foot; Asbury Park and Ocean Grove for far more

The busier markets within 25 miles of Ocean 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
Ocean Township (ZIP 07712)430$746K$43836%27
Asbury Park214$810K$61121%59
Eatontown118$603K$37742%30
Ocean Grove82$954K$64948%28
Oakhurst63$1M$51727%49
West Long Branch57$812K$44825%62
Wanamassa29$733K$45652%29

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 Ocean Township, free

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

Questions about buying a home in Ocean Township

What do homes sell for in Ocean Township, NJ?

430 homes sold in the year to May 2026 at a typical $746K, $438 a square foot. Houses sold for about $828K, condos for about $595K.

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

A seller’s market: 114 homes were for sale in May 2026 and 29 sold, about 3.9 months of supply. Buyers paid 99.5% of asking on average.

When is the best time to buy in Ocean Township?

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

Where can I see homes for sale in Ocean Township?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 07712, which takes in Ocean 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).