Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$551,299+4.8% YoY · prices are rising fast
Market right nowBalanced, leaning sellersMore homes for sale than last year, 18% have cut their price
Income needed to buy, per year$119,510About 1.3× the local median income ($94,954): a stretch for a typical household
Days on market53 daysAbout the same pace as a year ago
Next 12 months+2.8%Zillow expects prices to rise slightly
The typical home in Ocean County, NJ is worth $551,299, up 4.8% from a year ago. That is well above what local incomes have historically supported: fair value is about $480,961, so the area is 14.6% overvalued. It is a balanced market, leaning toward sellers: homes take about 53 days to sell, listings are up 22% from a year ago, 18% of listings have had a price cut. Zillow expects prices to rise about 2.8% over the next year. A household needs about $119,510 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $94,954. Typical rent is $2,588 a month, or $2,529 for a house. In the latest IRS figures, 1,066 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$551,299
Change in 1 year
+4.8%
Overvalued %
+14.6%
Show 7 more
Fair home value
$480,961
Change in 5 years
+41.1%
Zillow forecast, next 12 months
+2.8%
Home value to income
5.8×
Monthly mortgage payment (20% down)
$2,988
Income needed to afford it
$119,510
Property tax rate
1.65%
Rent and investing
Typical rent
$2,588
Typical rent for houses
$2,529
Price-to-rent ratio
17.7×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$2,283
Gross rental yield
5.63%
Cap rate (estimate)
3.66%
Market activity
Listings vs a year ago
+22.1%
Days on market
53
Listings with a price cut
18.1%
Show 3 more
Homes for sale
2,942
Pending sales per 100 listings
45
Asking price per sq ft
$304
People and jobs
Median household income
$94,954
Population change (1 year)
+0.8%
Unemployment rate
5.5%
Show 4 more
Population
673,746
Income adjusted for cost of living
$84,329
Net moves in (IRS)
+1,066
Cost of living (US = 100)
112.6
Schools, risk and environment
School rating (1 to 10)
4.8
FEMA hazard risk score (0 to 100)
96.2
Unhealthy air days a year
1
Show 4 more
Flood risk score
98.2
Wildfire risk score
95.2
Walkability (1 to 20)
9.2
Road, rail and air noise
54 dB
Questions people ask
Is Ocean County, NJ overvalued?
Home prices in Ocean County, NJ are well above what local incomes have historically supported: fair value is about $480,961, so the area is 14.6% overvalued.
Is Ocean County, NJ a buyer's or seller's market?
Ocean County, NJ is a balanced market, leaning toward sellers: homes take about 53 days to sell, listings are up 22% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Ocean County, NJ?
Home values in Ocean County, NJ are up 4.8% over the last year. Zillow's forecast for the next 12 months is +2.8%.
How much do you need to earn to buy a home in Ocean County, NJ?
A household needs about $119,510 a year to afford the typical home in Ocean County, NJ at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $94,954.