Avon by the Sea, NJ—07717
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Avon by the Sea, NJ
As of Oct '25, the median home price in Avon by the Sea, NJ is $1,687,000, with a year-over-year change of 2.3%. This indicates that home prices in Avon by the Sea, NJ are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,687,000 | 2.3% |
| Single Family | $1,875,000 | 2.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $966,000 | -1.1% |
3 Bed | $1,468,000 | -0.8% |
4 Bed | $2,125,000 | 2.2% |
| 5 Bed | $2,730,000 | 1.8% |
% of Housing Stock
Rental Trends — Avon by the Sea, NJ
As of July '25, Rentcast reports the average rent in Avon by the Sea, NJ is $3,710, with a year-over-year rent change of -12.1%. Per bedroom, the median rent as of July '25 in Avon by the Sea, NJ is 1-bedrooms: $1,600, 2-bedrooms: $3,420, 3-bedrooms: $3,020, 4-bedrooms: $5,880. The most common rental property sizes in Avon by the Sea, NJ are 2-bedroom and 1-bedroom, accounting for 41.9% and 32.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,710 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,400 | $1,600 |
| 2 Bed Rent | $2,500 | $3,420 |
| 3 Bed Rent | $2,950 | $3,020 |
| 4 Bed Rent | $4,500 | $5,880 |
% of Rental Stock
Property Listings — Avon by the Sea, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Avon by the Sea, NJ is 46. This is a decrease of -80.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,280,000 | -18.0% |
Listing Count | 10 | 21.0% |
| Listings as % of Homes | 0.9% | 21.0% |
Days on Market | 46 | -80.0% |
Demographics — Avon by the Sea, NJ
As of the latest ACS Survey released in 2023, Avon by the Sea, NJ has a population of 1,800, which has increased by 2.3% over the past 5 years. Avon by the Sea, NJ is a less popular place for families, as children make up 12.3% of the population. The area has a highly educated workforce, with 72.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,800 | 2.3% |
% Under 18 | 12.3% | -20.6% |
% Seniors | 31.9% | 8.5% |
% WFH | 20.3% | 372.1% |
% w/ College Degree | 72.1% | 20.6% |
As of the latest ACS Survey released in 2023, Avon by the Sea, NJ is a predominantly white area, with 92.8% of the population identifying as white. The white population has grown by 2.3% in the last 5 years. The second most common race or ethnicity in Avon by the Sea, NJ is hispanic, making up 4.4% of the population. Foreign-born residents account for 6.5% of the population in Avon by the Sea, NJ, and this percentage has increased by 16.1% 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 | 92.8% | 2.3% |
% Black | 0.1% | -88.9% |
% Hispanic | 4.4% | -40.5% |
% Asian | 0.8% | 0.0% |
% Foreign Born | 6.5% | 16.1% |
Mortgage and Risk — Avon by the Sea, NJ
According to HUD data as of 2023, there were 32 mortgage originations in Avon by the Sea, NJ, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 42.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Avon by the Sea, NJ. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 32 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 0.0% |
% Second Loans | 44.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Avon by the Sea, NJ
As of 2024, the percent of homes in Avon by the Sea, NJ under the Section 8 program is 0.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Avon by the Sea, NJ, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $170 | $1,400 | $1,570 |
| 2 Bedroom | -$570 | $2,500 | $1,930 |
| 3 Bedroom | -$380 | $2,950 | $2,570 |
| 4 Bedroom | -$1,640 | $4,500 | $2,860 |
Affordability — Avon by the Sea, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 14.3 |
| Median Home Price | $1,687,000 |
| Median Household Income | $109,000 |