Leonardo, NJ
Full City Profile · New Jersey · Monmouth County County
4.6
/5.0
A+
Excellent
2,342
Population
3,969/sq mi density
$122,216
Median Income
$50,202 per capita
$432,200
Home Value
$696,281 Zillow
$1,439
Median Rent
32.6% income on rent
54°F
Avg Temperature
A+
Overall
4.6 / 5.0
Strong
A+
Economy
4.7 / 5.0
$122,216 median income, 4.0% unemployment
A+
Affordability
4.7 / 5.0
$432,200 home value, $1,439/mo rent
A
Education
4.3 / 5.0
41.0% bachelor's degree or higher
Housing Overview
Median Home Value
$432,200
53% above
US avg: $281,900
Median Rent
$1,439/mo
24% above
US avg: $1,163/mo
Homeownership Rate
87.6%
34% above US avg (65.4%)
Total Housing Units
1,021
Median year built: 1948
Home Value by Source
Census Median
$432,200
Zillow (ZHVI)
$696,281
Redfin Median Sale
$385,000
Median Sale Price
$385,000
Median List Price
$819,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
87.6%
Owner-Occupied
12.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent:
$1,439/mo
Market Indicators (Redfin)
Median Sale Price
$385,000
Median Days on Market
22 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
60.0%
of listings with price reduction
Price Per Sq Ft
$465
Active Inventory
5
homes for sale
Affordability & Housing Stock
Rent Burden
32.6%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1948
Average age of housing stock: 78 years
Homeownership Rate
87.6%
Complete Housing Data
Home Values
| Census Median Value | $432,200 |
| Zillow Home Value (ZHVI) | $696,281 |
| Redfin Median Sale | $385,000 |
| Median Sale Price | $385,000 |
| Median List Price | $819,500 |
| Price Per Sq Ft | $465 |
Rent
| Census Median Rent | $1,439 |
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
| Days on Market | 22 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 60.0% |
| Homes Sold | 1 |
| Active Inventory | 5 |
| Price Per Sq Ft | $465 |
Ownership & Stock
| Owner-Occupied | 87.6% |
| Renter-Occupied | 12.4% |
| Homeownership Rate | 87.6% |
| Total Housing Units | 1,021 |
| Median Year Built | 1948 |
| Rent Burden | 32.6% |