Housing · Red Bank

Red Bank, NJ housing market

The typical Red Bank home is worth about $741,000, up 9.9% in a year, 28% above the New Jersey typical home. Homes typically sell in 31 days, a little above asking.

Home values, sales, trends and how Red Bank compares with the towns next door — updated as new data is published.

The market right now

Red Bank at a glance

Typical home value
$741K
▲ 9.9% in a year · Zillow
Median sale price
$715K
May 2026 · Redfin
Days on market
31
New Jersey: 35 days
Sale-to-list
101.5%
Homes sell above asking
Homes sold
14
in May · 39 for sale
Market temperature

A seller's market

Buyer's marketBalancedSeller's market

Supply is tight — about 2.8 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.

Ten-year trend

Typical home value, 2016–2026

Red BankNew Jersey
$300K$400K$500K$600K$700K$800K 20182020202220242026 Red Bank $741K New Jersey $580K
Show as a table
JanuaryRed BankNew Jersey
2017$373,000$317,000
2018$400,000$330,000
2019$421,000$343,000
2020$423,000$358,000
2021$472,000$394,000
2022$529,000$441,000
2023$576,000$471,000
2024$614,000$511,000
2025$660,000$551,000
2026$696,000$568,000
August 2026$741,000$580,000
Nearby

Red Bank and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
Red Bank $741K +9.9% 31 $97,477
Little Silver $1.21M +14.2% 13 $240,853
Fair Haven $1.62M +11.2% — $250,001
Shrewsbury — — 12 $178,958
Tinton Falls $656K +6.4% 19 $117,308
Affordability

7.6 years of income

The typical Red Bank home costs about 7.6 years of the town's median household income, more than across New Jersey (5.6 years).

How Red Bank ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
50.1%
New Jersey: 63.8%
Median tax bill
$8,971
New Jersey: $9,590
Median rent
$2,026
New Jersey: $1,720
Typical home built
1958
New Jersey: 1970

U.S. Census Bureau, ACS 2020-2024.

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. Listings link to their publishers.

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Red Bank

New Jersey · NJ
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01