A typical Forked River home is worth about $515,000
Up 5.4% in a year, 11% below the New Jersey typical home. Homes typically sell in 41 days, close to asking.
What kind of housing town is Forked River?
Read from the numbers below. The page puts what stands out first.
A seller's market
Supply is tight — about 2.2 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Under ~4 months of supply favors sellers; over ~6 favors buyers.
Redfin Data Center, all residential sales, May 2026.
92% of Forked River households own their home
Half of Forked River’s homes were built before 1981.
New Jersey: 64% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Up 40.5% in five years
Faster than New Jersey (35.4%).
Show as a table
| January | Forked River | New Jersey |
|---|---|---|
| 2017 | $254,000 | $317,000 |
| 2018 | $263,000 | $330,000 |
| 2019 | $268,000 | $343,000 |
| 2020 | $279,000 | $358,000 |
| 2021 | $316,000 | $394,000 |
| 2022 | $383,000 | $441,000 |
| 2023 | $418,000 | $471,000 |
| 2024 | $456,000 | $511,000 |
| 2025 | $483,000 | $551,000 |
| 2026 | $500,000 | $568,000 |
| August 2026 | $515,000 | $580,000 |
A typical Forked River home worth $253K in September 2016 is worth about $515K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A typical home costs 5.6 years of income
About the same as across New Jersey. Try your own numbers below.
That’s $191K short of a typical Forked River home.
A two-bedroom rents for about $2,780 a month here, $590 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Forked River’s typical property tax (1.58% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $2,780
Renters already here pay a median of $2,170, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Monmouth-Ocean, NJ HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Forked River vs. its neighbors
Forked River is the priciest of 3 neighboring towns. Tap one to see its housing page.
Compare more
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Forked River buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.