Red Bank, NJ—07701
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$733,000
7.8% YoY Growth
Household Income
$114,000
37.8% YoY Growth
Days on Market
23
15.0% Shorter YoY
Home Price Forecast
3.1%
Median Rent
$3,000
5.1% YoY Growth
1-Bed Rent
$2,550
10.9% YoY Growth
2-Bed Rent
$3,000
5.5% YoY Growth
3-Bed Rent
$4,390
9.6% YoY Growth
Home Price Trends — Red Bank, NJ
As of May '26, the median home price in Red Bank, NJ is $733,000, with a year-over-year change of 7.8%. This indicates that home prices in Red Bank, NJ are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $733,000 | 7.8% |
| Single Family | $795,000 | 8.9% |
| Condos | $444,000 | 4.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |