Eatontown, NJ—07724
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Eatontown, NJ
As of Oct '25, the median home price in Eatontown, NJ is $661,000, with a year-over-year change of 2.6%. This indicates that home prices in Eatontown, NJ are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $661,000 | 2.6% |
| Single Family | $740,000 | 3.1% |
| Condos | $368,000 | 1.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $185,000 | -1.1% |
2 Bed | $460,000 | 3.1% |
3 Bed | $659,000 | 1.7% |
4 Bed | $847,000 | 2.4% |
| 5 Bed | $1,075,000 | 3.1% |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Eatontown, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Eatontown, NJ is 53. This is a increase of 30.0% 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 5.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $939,000 | 38.0% |
Listing Count | 83 | 6.0% |
| Listings as % of Homes | 0.6% | 6.0% |
Days on Market | 53 | 30.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Eatontown, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $661,000 |
| Median Household Income | $99,200 |