Ocean, NJ 07712 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Ocean, NJ—07712

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$712,000

1.1% YoY Growth

Household Income

$95,700

47.6% YoY Growth

Days on Market

3.0% Shorter YoY

Home Price Forecast

1.9%

Median Rent

$3,000

1.7% YoY Growth

1-Bed Rent

$2,250

4.8% YoY Growth

2-Bed Rent

$3,500

1.9% YoY Growth

3-Bed Rent

$3,250

3.0% YoY Growth

Home Price Trends — Ocean, NJ

As of Dec '25, the median home price in Ocean, NJ is $712,000, with a year-over-year change of 1.1%. This indicates that home prices in Ocean, NJ are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$712,000	1.1%
Single Family	$788,000	1.7%
Condos	$564,000	3.1%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Ocean, NJ

As of July '25, Rentcast reports the average rent in Ocean, NJ is $3,400, with a year-over-year rent change of -1.7%. Per bedroom, the median rent as of July '25 in Ocean, NJ is studios: $2,280, 1-bedrooms: $2,410, 2-bedrooms: $3,850, 3-bedrooms: $3,890, 4-bedrooms: $4,100. The most common rental property sizes in Ocean, NJ are 1-bedroom and 2-bedroom, accounting for 55.3% and 26.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$3,000	$3,400
Studio Rent	$2,350	$2,280
1 Bed Rent	$2,250	$2,410
2 Bed Rent	$3,500	$3,850
3 Bed Rent	$3,250	$3,890
4 Bed Rent	$3,100	$4,100

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% of Rental Stock

Studio

6.4%

1 Bedroom

55.3%

2 Bedrooms

26.2%

3 Bedrooms

9.0%

4 Bedrooms

2.5%

5+ Bedrooms

0.6%

Property Listings — Ocean, NJ

As of Dec '25, Realtor.com reports that the median days on market for a home in Ocean, NJ is 51. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 5.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$984,000	15.0%
Listing Count	133	6.0%
Listings as % of Homes	0.5%	6.0%
Days on Market	54	-3.0%

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Demographics — Ocean, NJ

As of the latest ACS Survey released in 2023, Ocean, NJ has a population of 39,600, which has increased by 3.0% over the past 5 years. Ocean, NJ is a moderately popular place for families, as children make up 18.2% of the population. The area has a highly educated workforce, with 48.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	39,600	3.0%
% Under 18	18.2%	-10.8%
% Seniors	18.6%	16.2%
% WFH	16.4%	203.7%
% w/ College Degree	48.8%	24.2%

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As of the latest ACS Survey released in 2023, Ocean, NJ is a predominantly white area, with 58.2% of the population identifying as white. The white population has grown by 10.4% in the last 5 years. The second most common race or ethnicity in Ocean, NJ is hispanic, making up 18.3% of the population. Foreign-born residents account for 18.5% of the population in Ocean, NJ, and this percentage has decreased by 6.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	58.2%	10.4%
% Black	17.9%	-26.6%
% Hispanic	18.3%	5.2%
% Asian	3.0%	-41.2%
% Foreign Born	18.5%	-6.1%

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Mortgage and Risk — Ocean, NJ

According to HUD data as of 2023, there were 407 mortgage originations in Ocean, NJ, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Ocean, NJ. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	407
% Conventional Loans	95.0%
% Government Loans	5.0%
% Investor Loans	2.0%
% Second Loans	10.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — Ocean, NJ

As of 2024, the percent of homes in Ocean, NJ under the Section 8 program is 15.7%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Ocean, NJ, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	1,917
Total Units Section 8	1,443
% Rentals under Section 8	15.7%
% Occupied Section 8	84.7%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$630	$2,250	$1,620
2 Bedroom	-$1,500	$3,500	$2,000
3 Bedroom	-$590	$3,250	$2,660
4 Bedroom	-$140	$3,100	$2,960

Ocean, NJ—07712

Key Metrics at a Glance

Home Price Trends — Ocean, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Ocean, NJ

% of Rental Stock

Property Listings — Ocean, NJ

Demographics — Ocean, NJ

Race and Ethnicity

Mortgage and Risk — Ocean, NJ

Mortgages

Rentals and Section 8 — Ocean, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Ocean, NJ

Home Price to Income Ratio

Ocean, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Oakhurst, NJ

Neptune Township, NJ

Allenhurst, NJ

Eatontown, NJ

Deal, NJ

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	6.5
Median Home Price	$712,000
Median Household Income	$95,700

Ocean, NJ—07712

Key Metrics at a Glance

Home Price Trends — Ocean, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Ocean, NJ

% of Rental Stock

Property Listings — Ocean, NJ

Demographics — Ocean, NJ

Race and Ethnicity

Mortgage and Risk — Ocean, NJ

Mortgages

Rentals and Section 8 — Ocean, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Ocean, NJ

Home Price to Income Ratio

Ocean, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Oakhurst, NJ

Neptune Township, NJ

Allenhurst, NJ

Eatontown, NJ

Deal, NJ

Frequently Asked Questions

What is the average home price in Ocean, NJ 07712?

How have home prices in Ocean, NJ 07712 changed over the past year?

What is the home price projection for Ocean, NJ 07712?

What are the demographics of Ocean, NJ 07712?

How long does it take homes to sell in Ocean, NJ 07712?

What is the average rent price in Ocean, NJ 07712?