Eatontown, NJ 07724 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Eatontown, NJ—07724

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$654,000

2.7% YoY Growth

Household Income

$99,200

25.4% YoY Growth

Days on Market

29.0% Longer YoY

Home Price Forecast

1.9%

Median Rent

$3,100

29.2% YoY Growth

1-Bed Rent

$2,040

4.7% YoY Growth

2-Bed Rent

$3,100

8.5% YoY Growth

3-Bed Rent

$4,700

16.0% YoY Growth

Home Price Trends — Eatontown, NJ

As of Dec '25, the median home price in Eatontown, NJ is $654,000, with a year-over-year change of 2.7%. This indicates that home prices in Eatontown, 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	$654,000	2.7%
Single Family	$732,000	3.2%
Condos	$363,000	1.1%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Eatontown, NJ

As of July '25, Rentcast reports the average rent in Eatontown, NJ is $3,540, with a year-over-year rent change of 29.2%. Per bedroom, the median rent as of July '25 in Eatontown, NJ is 1-bedrooms: $2,050, 2-bedrooms: $3,200, 3-bedrooms: $4,640, 4-bedrooms: $3,060. The most common rental property sizes in Eatontown, NJ are 1-bedroom and 2-bedroom, accounting for 59.4% and 23.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$3,100	$3,540
Studio Rent	N/A	N/A
1 Bed Rent	$2,040	$2,050
2 Bed Rent	$3,100	$3,200
3 Bed Rent	$4,700	$4,640
4 Bed Rent	$2,600	$3,060

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% of Rental Stock

Studio

9.8%

1 Bedroom

59.4%

2 Bedrooms

23.8%

3 Bedrooms

4.7%

4 Bedrooms

2.3%

Property Listings — Eatontown, NJ

As of Dec '25, Realtor.com reports that the median days on market for a home in Eatontown, NJ is 53. This is a increase of 31.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$900,000	26.0%
Listing Count	67	-2.0%
Listings as % of Homes	0.6%	-2.0%
Days on Market	61	29.0%

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Demographics — Eatontown, NJ

As of the latest ACS Survey released in 2023, Eatontown, NJ has a population of 23,800, which has increased by 12.9% over the past 5 years. Eatontown, NJ is a moderately popular place for families, as children make up 18.3% of the population. The area has a moderately educated workforce, with 44.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	23,800	12.9%
% Under 18	18.3%	-6.6%
% Seniors	18.4%	8.2%
% WFH	13.1%	84.5%
% w/ College Degree	44.8%	12.8%

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As of the latest ACS Survey released in 2023, Eatontown, NJ is a predominantly white area, with 63.9% of the population identifying as white. The white population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Eatontown, NJ is hispanic, making up 13.2% of the population. Foreign-born residents account for 19.5% of the population in Eatontown, NJ, and this percentage has increased by 29.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	63.9%	-6.4%
% Black	7.9%	-36.8%
% Hispanic	13.2%	10.0%
% Asian	9.6%	71.4%
% Foreign Born	19.5%	29.1%

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Mortgage and Risk — Eatontown, NJ

According to HUD data as of 2023, there were 377 mortgage originations in Eatontown, NJ, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Eatontown, NJ. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	377
% Conventional Loans	94.0%
% Government Loans	6.0%
% Investor Loans	3.0%
% Second Loans	1.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Eatontown, NJ

As of 2024, the percent of homes in Eatontown, NJ under the Section 8 program is 16.4%. 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. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Eatontown, NJ, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD	489
Total Units Section 8	485
% Rentals under Section 8	16.4%
% Occupied Section 8	88.4%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$540	$2,040	$1,500
2 Bedroom	-$1,250	$3,100	$1,850
3 Bedroom	-$2,240	$4,700	$2,460
4 Bedroom	$140	$2,600	$2,740

Eatontown, NJ—07724

Key Metrics at a Glance

Home Price Trends — Eatontown, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Eatontown, NJ

% of Rental Stock

Property Listings — Eatontown, NJ

Demographics — Eatontown, NJ

Race and Ethnicity

Mortgage and Risk — Eatontown, NJ

Mortgages

Rentals and Section 8 — Eatontown, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Eatontown, NJ

Home Price to Income Ratio

Eatontown, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Shrewsbury, NJ

Ocean, NJ

Little Silver, NJ

West Long Branch, NJ

Oceanport, NJ

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.6
Median Home Price	$654,000
Median Household Income	$99,200

Eatontown, NJ—07724

Key Metrics at a Glance

Home Price Trends — Eatontown, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Eatontown, NJ

% of Rental Stock

Property Listings — Eatontown, NJ

Demographics — Eatontown, NJ

Race and Ethnicity

Mortgage and Risk — Eatontown, NJ

Mortgages

Rentals and Section 8 — Eatontown, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Eatontown, NJ

Home Price to Income Ratio

Eatontown, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Shrewsbury, NJ

Ocean, NJ

Little Silver, NJ

West Long Branch, NJ

Oceanport, NJ

Frequently Asked Questions

What is the average home price in Eatontown, NJ 07724?

How have home prices in Eatontown, NJ 07724 changed over the past year?

What is the home price projection for Eatontown, NJ 07724?

What are the demographics of Eatontown, NJ 07724?

How long does it take homes to sell in Eatontown, NJ 07724?

What is the average rent price in Eatontown, NJ 07724?