Home ValuePros

Market Intelligence · NJ / Middlesex County

Monroe Township, NJ home prices and housing market

1 ZIP market liveData updated September 2026Typical value$604K1-yr changeUp1.8%

The typical home value in Monroe Township, NJ is $604K as of September 2026, up 1.8% from a year ago, based on the Zillow Home Value Index. In the typical Monroe Township ZIP code, the median list price is $475K and homes spend a median of 49 days on market as of September 2026 (Realtor.com).

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The coverage

Monroe Township, by the numbers.

Typical home valueZillow ZHVI, September 2026
$604K
1-yr changeMedian across Monroe Township ZIPs
+1.8%
ZIP markets live
1
County
Middlesex County

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12-month value trend

+1.8% over 12 months

Typical home value in Monroe Township over the last 12 months: $593K in Sep 2025 to $604K in Sep 2026 (+1.8%).

Sep 2025$593K

Sep 2026$604K

Median Zillow home value index across Monroe Township's ZIP codes.

Context

Monroe Township, NJ shows modest growth in home values, which have risen 1.8% over the past year as of August 2026. The current typical home value stands at $609,203. The market has 256 homes for sale as of September 2026, with a median list price of $474,950. Homes are spending a median of 49 days on the market. About 13.4% of listings have seen price cuts, indicating some sellers are adjusting to market conditions. If you're considering a sale, the combination of steady appreciation and moderate inventory suggests a balanced market where pricing strategy matters.

The numbers

What is the housing market like in Monroe Township, NJ?

Typical home value

$604K

Up1.8%YoY

Median list price

$475K

Days on market

49

Homes for sale

256

Price cuts

13.4%

New listings

102

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Monroe Township's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Monroe Township, NJ home prices over time

Typical home values in Monroe Township, NJ are up 1.8% over the past year, from $593K in September 2025 to $604K in September 2026.

Typical home value in Monroe Township, NJ, September of each year
MonthTypical value1-yr change
September 2026$603,744+1.8%
September 2025$593,202No prior year

Typical value is the median Zillow Home Value Index across Monroe Township ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Monroe Township, NJ a buyer's or seller's market?

Monroe Township, NJ leans toward a seller's market.

Relatively few listings have cut their asking price, which usually gives sellers the stronger position.

Based on a median of 49 days on market and 13% of listings with a price cut in the typical Monroe Township ZIP code, and 102 new listings against 256 active listings across Monroe Township, as of September 2026 (Realtor.com).

The outlook

Monroe Township housing market forecast 2027

+2.1%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 1 Monroe Township ZIP code, points to typical home values rising 2.1% by September 2027.

Over the 12 months through September 2026, typical home values in Monroe Township rose 1.8%, per the Zillow Home Value Index.

Will home prices drop in Monroe Township?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Monroe Township shows typical home values rising 2.1% by September 2027, after a 1.8% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 1 Monroe Township ZIP code has both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Monroe Township?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

Local pros

Who are the top real estate agents in Monroe Township?

Top real estate agents in Monroe Township, NJ

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Common questions

Questions about Monroe Township, NJ home prices.

What is the typical home value in Monroe Township?

The typical home value in Monroe Township, NJ is $609,203 as of August 2026, up 1.8% over the past year.

How many homes are currently for sale in Monroe Township?

There are 256 homes for sale in Monroe Township as of September 2026, with 102 new listings added recently.

How long do homes typically stay on the market in Monroe Township?

Homes in Monroe Township spend a median of 49 days on the market as of September 2026.

Are home prices going up or down in Monroe Township, NJ?

Typical home values in Monroe Township, NJ are up 1.8% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Monroe Township, NJ a buyer's or seller's market?

Monroe Township, NJ leans toward a seller's market. Relatively few listings have cut their asking price, which usually gives sellers the stronger position. Based on a median of 49 days on market and 13% of listings with a price cut in the typical Monroe Township ZIP code, and 102 new listings against 256 active listings across Monroe Township, as of September 2026 (Realtor.com).

Nearby markets

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The market is moving

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