Monmouth County Market Update: August 2026

Happy September! Here's what closed here on the Peninsula last month, and how the numbers stack up against last August. These figures are closed sales across 8 Peninsula towns during August 2026.  There were 153 in all.

Let's get into it.

Middletown is still the engine

Middletown carried the month again. 98 homes sold, up from 72 last August. The average sale price came in at $996,674, up 30% from $769,445 a year ago. The typical home sold in 14 days on market, and the typical seller got 106% of the asking price at the time of sale. That is a strong month by any measure. Just remember Middletown runs from starter homes to a $4.3M sale in the same month, so the town-wide average won't tell you much about your specific street. That's a conversation.

Is now a good time to list in Middletown?

Yes. 88 new listings came on and 65 are pending, so there's plenty of buyer activity to absorb what's coming to market. Homes are moving fast and selling over ask. If you've been on the fence, this is a real window.

Rumson

10 homes sold in Rumson, down from 12 last August. The average sale price was $3,284,831, down 26% from $4,411,042 a year ago. The top sale this month was $5,635,000. The typical home sold in 18 days on market, and sellers averaged 103% of the asking price at the time of sale. Twelve homes are pending, so the pipeline is healthy heading into fall.

Fair Haven

Only 4 homes closed in Fair Haven, down from 8 last August, so it was a quiet month for closings. The average sale price was $1,747,125, up 22% from $1,432,875. The typical home sold in 13 days on market, and the typical seller got 107% of asking. Seven homes are pending, so more closings are on the way.

Little Silver

9 homes sold in Little Silver, and just 1 sold here last August, so there's no fair year-over-year comparison to make. The average sale price this month was $1,048,056. The typical home sold in 11 days on market, and the typical seller got 105% of asking. Quick and clean.

Red Bank

14 homes sold in Red Bank, up from 11 last August. The average sale price was $660,016, basically flat, down 2% from $671,818. Here's the number that jumps out: the typical home sold in 18 days on market, down from 39 a year ago. And the typical seller got 103% of asking, up from 97%. Red Bank sped up and firmed up.

Oceanport

9 homes sold in Oceanport, up from just 2 last August, so I'll skip the year-over-year percentage since one sale last year isn't a real yardstick. The average sale price was $1,288,433. The typical home sold in 29 days on market, and sellers averaged 101% of asking.

Monmouth Beach

7 homes sold, down from 8 last August. The average sale price was $1,469,071, up 6% from $1,381,875. The big shift is speed: the typical home sold in 10 days on market, down from 35 a year ago. And the typical seller got 100% of asking, up from 95%. That's a market that tightened up nicely.

Sea Bright

Only 2 homes sold in Sea Bright last month, so I won't lean on the average or a percentage with that few sales. For what it's worth, the typical home there sat 54 days on market, a soft market compared to the rest of the area.