Melissa DeSantis' Market Report

Howell, NJ 07731

Single-Family Homes

REAL Broker - 732-757-2522 - mdesantisrealestate@gmail.com



Howell, NJ 07731

Tue May 13 2025
This week the median list price for Howell, NJ 07731 is $699,900 with the market action index hovering around 48. This is less than last month's market action index of 51. Inventory has increased to 76. Click here to stay informed with the Howell market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Howell, NJ 07731

Tue May 13 2025
This week the median list price for Howell, NJ 07731 is $699,900 with the market action index hovering around 48. This is less than last month's market action index of 51. Inventory has increased to 76. Click here to stay informed with the Howell market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Howell market.
Median List Price $699,900
Median Price of New Listings $592,499
Per Square Foot $356
Average Days on Market 69
Median Days on Market 21
Price Decreased 25%
Price Increased 1%
Relisted 11%
Inventory 76
Median Rent
Market Action 48
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,189,000 3,094 1 - 2.5 acres 4 3.5 25 3 2 56
$742,000 2,116 8,000 - 10,000 sqft 4 2.5 34 2 1 21
$625,000 1,731 8,000 - 10,000 sqft 4 2 41 6 4 28
$529,000 1,521 8,000 - 10,000 sqft 3 2 57 9 2 21