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Aerial view of Red BankPhoto: JTFeldmus at English Wikipedia · Public domain
Housing in Red Bank

200 homes sold in Red Bank in the last year, at a typical $791K

About one sale in 4 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 Red Bank homes are listed.

Homes sold
200
October 2025 to September 2026
Typical sale price
$791K
houses $867K · condos $519K (year to May 2026)
Price per square foot
$408
New Jersey $335
Paid vs. asking
101.8%
51% sold over asking
For sale now
53
September 2026 · 23 sold that month
What sold · last 12 months

A quarter of Red Bank’s sales are condos, at $348K less than a house

143 houses and 63 condos sold in the year to May 2026. Condos sell faster.

Houses$867K

typical sale · 143 sold in the year to May 2026

Per square foot
$352NJ $331
Days to sell
45
Sold over asking
46%
Listings with a price cut
23%
Condos$519K

typical sale · 63 sold in the year to May 2026

Per square foot
$446NJ $450
Days to sell
28
Sold over asking
48%
Listings with a price cut
31%
Fewer sales

Multi-family (2–4 units): 15 sold, typical $827K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at twice the 2016 price

200 sales in the last year, against 369 in 2021 and a low of 177 in 2012. The typical sale went from $409K in 2016 to $791K.

Homes soldTypical sale price
0100200300400$450K$600K$750K$900K2012: 177 sold, typical $354K’122013: 255 sold, typical $363K2014: 184 sold, typical $370K’142015: 259 sold, typical $382K2016: 301 sold, typical $409K’162017: 306 sold, typical $396K2018: 285 sold, typical $421K’182019: 302 sold, typical $401K2020: 365 sold, typical $508K’202021: 369 sold, typical $542K2022: 247 sold, typical $611K’222023: 219 sold, typical $617K2024: 229 sold, typical $705K’242025: 231 sold, typical $716KLast 12 months: 200 sold, typical $791KNow

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 $800K buys in Red Bank

Houseat $352 a sq ft, year to May 2026
Condoat $446 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 Red Bank 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 Red Bank are more common than before the pandemic, but three quarters fewer homes come up for sale

We read every month of Red Bank’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, 200 sales.

If you’re buying in Red Bank

  • Shop in March. It brings about 40 new listings a month, close to the busiest month, with fewer bidding wars (24% over asking).
  • Bid near asking. Buyers paid 101.8% of the list price on average; 51% paid over.
  • You’ll usually have time. Only 35% of homes go under contract within two weeks; the typical one takes 31 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

May has the most new listings (about 45 a month), but June is the most competitive: 38% of June sales close over asking. March offers nearly as much choice with fewer homes bid up (24%). February has the least competition (19%).

New listings a monthShare sold over asking
012.52537.55013%27%40%Sweet spotJan: 23 new listings a month, 19% sold over asking, 69 days to sellJFeb: 28 new listings a month, 19% sold over asking, 90 days to sellFMar: 40 new listings a month, 24% sold over asking, 84 days to sellMApr: 40 new listings a month, 33% sold over asking, 56 days to sellAMay: 45 new listings a month, 34% sold over asking, 47 days to sellMJun: 40 new listings a month, 38% sold over asking, 47 days to sellJJul: 29 new listings a month, 35% sold over asking, 52 days to sellJAug: 30 new listings a month, 32% sold over asking, 54 days to sellASep: 29 new listings a month, 27% sold over asking, 60 days to sellSOct: 29 new listings a month, 30% sold over asking, 61 days to sellONov: 19 new listings a month, 26% sold over asking, 64 days to sellNDec: 12 new listings a month, 25% sold over asking, 70 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

Red Bank now2017–192021 peakNJ now
Sold over askingShare of sales that closed above the list price51%15%49%44%
Gone within two weeksShare of homes under contract within 14 days35%17%41%30%
Price paid vs. askingAverage sale price ÷ list price101.8%96.6%101.1%100.9%
Days to sellMedian days from listing to contract31663646
Supply

35 homes for sale on a typical day

That’s 72% fewer than in 2017–19 and well under 2015’s 184.

2012: 180 for sale’122013: 168 for sale2014: 179 for sale2015: 184 for sale’152016: 144 for sale2017: 132 for sale2018: 118 for sale’182019: 117 for sale2020: 89 for sale2021: 64 for sale’212022: 62 for sale2023: 37 for sale2024: 41 for sale’242025: 41 for saleLast 12 months: 35 for saleNow
Prices by type

Since 2019, houses are up 87%, condos 72%

A house typically sold for $867K in the year to May 2026 (143 sales), a condo for $519K (63).

$400K$600K$800K$1M2013201520172019202120232025NowHouses 2013: $404K, 172 salesHouses 2014: $445K, 123 salesHouses 2015: $414K, 185 salesHouses 2016: $463K, 203 salesHouses 2017: $426K, 233 salesHouses 2018: $485K, 196 salesHouses 2019: $463K, 211 salesHouses 2020: $562K, 253 salesHouses 2021: $595K, 258 salesHouses 2022: $664K, 170 salesHouses 2023: $689K, 156 salesHouses 2024: $750K, 152 salesHouses 2025: $846K, 149 salesHouses last 12 months: $867K, 143 salesHouses $867KCondos 2013: $297K, 68 salesCondos 2014: $231K, 48 salesCondos 2015: $276K, 65 salesCondos 2016: $289K, 78 salesCondos 2017: $267K, 58 salesCondos 2018: $251K, 75 salesCondos 2019: $302K, 79 salesCondos 2020: $310K, 99 salesCondos 2021: $321K, 90 salesCondos 2022: $369K, 65 salesCondos 2023: $457K, 48 salesCondos 2024: $608K, 71 salesCondos 2025: $484K, 70 salesCondos last 12 months: $519K, 63 salesCondos $519K

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

Across New Jersey

Red Bank ranks 143rd 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. Red Bank 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.

Rent or buy?

Owning the typical Red Bank home costs about $5,298 a month

Mortgage
Property tax
Insurance
Rent

Price: Red Bank’s typical sale, last 12 months. Property tax at Red Bank’s 1.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Red Bank is affordable on local pay is on Cost of living.

Before you buy in Red Bank

Six things worth knowing

45

New listings in May

The month with the most choice. December has the fewest, about 12.

Best time to buy
1.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $791K home, about $14,060 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Red Bank, from test results, graduation and how much students grow.

Schools in Red Bank
33 min

Typical commute

The average one-way trip to work for people who live in Red Bank.

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

No busy market nearby sells for less a square foot; Fair Haven, Little Silver and Rumson for far more

The busier markets within 25 miles of Red Bank, 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
Red Bank200$791K$40851%31
Rumson97$2.4M$78654%20
Little Silver64$1.2M$56661%14
Lincroft60$1.2M$43465%23
Fair Haven57$1.6M$73467%20
Oceanport52$1M$47149%28
Shrewsbury41$1.1M$50063%17

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 Red Bank, free

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

Questions about buying a home in Red Bank

What do homes sell for in Red Bank, NJ?

200 homes sold in the year to September 2026 at a typical $791K, $408 a square foot. Houses sold for about $867K, condos for about $519K in the year to May 2026.

Is Red Bank a buyer’s or seller’s market?

A seller’s market: 53 homes were for sale in September 2026 and 23 sold, about 2.2 months of supply. Buyers paid 101.8% of asking on average.

When is the best time to buy in Red Bank?

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

How much are property taxes in Red Bank?

About 1.8% of a home’s value a year. On a $791K home that’s near $14,060.

Where can I see homes for sale in Red Bank?

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

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).