City-owned Homes And Land in Asbury, NJ 08802

Current Market Conditions in Asbury, NJ

Asbury's real estate market remains stable, with modest growth due to the appeal of rural living. The village attracts buyers looking for tranquil settings and a tight-knit community atmosphere. Homes here have seen a consistent demand, particularly among families and retirees leaving urban areas in search of serenity.

Currently, the housing market in Asbury has balanced conditions, with a good mix of inventory available to potential buyers. Properties are being listed at competitive prices, leading to quicker sales compared to previous years.

Rent Prices In Asbury, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Asbury, NJ, is on a rollercoaster ride. The average rent price in Asbury, NJ, is $2,235.00. Indeed, when looking to rent in Asbury, NJ, you can expect to pay as little as $1,060.00 or as much as $3,510.00, with the average rent median estimated to be $2,220.00. The good news is that finding an affordable and desirable property to rent in Asbury, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.