Typical Cost of a House in Monmouth County, New Jersey
On this page
The median home value in Monmouth County is $606,100, measured over 2020–2024. That is 33.4% above the New Jersey median of $454,400. Half of owner-occupied homes are valued above that figure and half below.
Median home value
$606,100
2020–2024, give or take $5,540
Against New Jersey
+33.4%
AboveNew Jersey $454,400
Against the U.S.
+82.2%
AboveU.S. $332,700
Monthly housing costs in Monmouth County
What households actually pay each month, for those who own with a mortgage and those who rent, compared with New Jersey as a whole.
Owning with a mortgage
$3,070a month
+8.5%New Jersey $2,829
Median of mortgage payments, property taxes, insurance, utilities and fees together.
Renting
$1,827a month
+6.2%New Jersey $1,720
Median gross rent: the rent itself plus utilities the renter pays.
Where Monmouth County sits among New Jersey's counties
Each tick is one county's median home value. The highlighted band holds the middle half of them, and the dark line is the median. Monmouth County is the 2nd highest of 21.
What this figure is
It is not a sale price. The Census Bureau asks homeowners what they think their home would sell for, and this is the middle answer for owner-occupied homes in Monmouth County. It covers every kind of home people own and live in, so the price of a particular house on the market can be far from it.
The figure describes the whole of 2020–2024, not a single year, and it is not adjusted for price changes since then. The smaller a county, the fewer households the survey reaches and the less exact its estimate: here the true value is very likely within $5,540 of the one shown.
Common questions
How much does a house cost in Monmouth County, New Jersey?
- The median home value in Monmouth County, New Jersey is $606,100, from Census Bureau survey data for 2020–2024. Half of owner-occupied homes are valued above that and half below.
What is the average home price in Monmouth County, New Jersey?
- The Census Bureau publishes a median rather than an average: $606,100 for 2020–2024. It is what owners estimate their homes would sell for, not a record of recent sale prices.
How much is a monthly mortgage payment in Monmouth County, New Jersey?
- Homeowners with a mortgage in Monmouth County, New Jersey pay a median of $3,070 a month. That covers the mortgage payment together with property taxes, insurance and utilities.
What is the average rent in Monmouth County, New Jersey?
- Median gross rent in Monmouth County, New Jersey is $1,827 a month for 2020–2024. Gross rent is the rent itself plus the utilities the renter pays.
Are homes in Monmouth County, New Jersey expensive compared with other places?
- Monmouth County has the 2nd highest median home value of the 21 counties in New Jersey with a published figure, 33.4% above the New Jersey median of $454,400.
Source
U.S. Census Bureau
American Community Survey 5-Year Estimates, 2020–2024, tables B25077, B25064 and B25088. Retrieved on October 6, 2026.
About the American Community SurveySource: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2020–2024.
Other counties in New Jersey
The percentage compares each county with the New Jersey median.
- Atlantic County−35.1%$295,000
- Bergen County+37.1%$623,000
- Burlington County−22.1%$354,000
- Camden County−36.8%$287,100
- Cape May County−4.4%$434,600
- Cumberland County−51.3%$221,400
- Essex County+15.3%$524,100
- Gloucester County−31.7%$310,400
- Hudson County+18.8%$539,700
- Hunterdon County+13.8%$517,200
- Mercer County−16.9%$377,700
- Middlesex County+1.9%$462,900
- Morris County+28.2%$582,500
- Ocean County−12.3%$398,400
- Passaic County+1.1%$459,500
- Salem County−47.3%$239,500
- Somerset County+21.5%$552,100
- Sussex County−18.7%$369,400
- Union County+16.5%$529,200
- Warren County−23.7%$346,500