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Red Bank, NJ

Full City Profile · New Jersey · Monmouth County County

3.7 /5.0
B+ Good
12,864 Population 7,351/sq mi density
$101,738 Median Income $65,849 per capita
$477,000 Home Value $685,023 Zillow
$1,985 Median Rent 28.8% income on rent
54°F Avg Temperature 271 sunny days/yr
108 Violent Crime/100K 1,049 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$101,738 median income, 2.2% unemployment
A
Affordability
4.0 / 5.0
$477,000 home value, $1,985/mo rent
F
Safety
1.0 / 5.0
108 violent crimes/100K
A+
Education
5.0 / 5.0
52.0% bachelor's degree or higher

Housing Overview

Median Home Value
$477,000
69% above
US avg: $281,900
Median Rent
$1,985/mo
71% above
US avg: $1,163/mo
Homeownership Rate
50.1%
23% below US avg (65.4%)
Total Housing Units
6,387
Median year built: 1955

Home Value by Source

Census Median
$477,000
Zillow (ZHVI)
$685,023
Median Sale Price
$565,000
Median List Price
$759,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

50.1%
Owner-Occupied
49.9%
Renter-Occupied
50%
50%
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: $1,985/mo · Zillow rent: $3,008/mo

Market Indicators (Redfin)

Median Days on Market
31 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
13
Price Drops
9.5%
of listings with price reduction
Price Per Sq Ft
$423
Active Inventory
21
homes for sale

Affordability & Housing Stock

Rent Burden
28.8%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
50.1%

Complete Housing Data

Home Values

Census Median Value$477,000
Zillow Home Value (ZHVI)$685,023
Median Sale Price$565,000
Median List Price$759,950
Price Per Sq Ft$423

Rent

Census Median Rent$1,985
Zillow Rent (ZORI)$3,008
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 Market31
Sale-to-List Ratio1.0%
Price Drops9.5%
Homes Sold13
Active Inventory21
Price Per Sq Ft$423

Ownership & Stock

Owner-Occupied50.1%
Renter-Occupied49.9%
Homeownership Rate50.1%
Total Housing Units6,387
Median Year Built1955
Rent Burden28.8%