Updated May 2026 · Redfin · 3-month window
08831 Real Estate Market Update: Monroe Township, NJ, May 2026
The latest housing-market numbers for ZIP code 08831 in Monroe Township, New Jersey, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $450K | • 0.0% | ▼ -1.1% |
| Days on market | 70 | ▼ -14.6% | ▲ +6.1% |
| Homes for sale | 369 | ▲ +2.8% | ▲ +7.9% |
| Sale-to-list | 99.1% | ▲ +0.2% | ▼ -0.2% |
| Homes sold | 247 | ▲ +22.3% | ▼ -1.6% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 08831 numbers say
The 08831 ZIP in Monroe Township is cooling. The median sale price sits at $449,900, 1.1% below last year. The market has loosened: a typical listing now takes around 70 days to go under contract, with sellers getting 99.1% of list price.
Based on 247 recent sales, 08831 is currently an active market.
What this means if you sell in 08831
Use these figures to set expectations early. Lead a listing appointment with the median price and the 70-day pace, show the year-over-year direction, and frame 08831 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Monroe Township post →Frequently asked: the 08831 housing market
- What is the median home price in ZIP 08831 (Monroe Township, NJ)?
- As of May 2026, the median sale price in ZIP 08831 is $449,900 (-1.1% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 08831 a buyer's or seller's market right now?
- ZIP 08831 is currently an active market, based on a 99.1% sale-to-list ratio, about 70 days on market for May 2026.
- How long do homes take to sell in ZIP 08831?
- A typical listing in 08831 goes under contract in about 70 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 08831 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.