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Spring Lake, NJ

Full City Profile · New Jersey · Monmouth County County

3.4 /5.0
B Good
2,782 Population 2,092/sq mi density
$146,976 Median Income $119,203 per capita
$2,000,001 Home Value $1,377,237 Zillow
$2,194 Median Rent 33.6% income on rent
54°F Avg Temperature 271 sunny days/yr
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$146,976 median income, 1.1% unemployment
F
Affordability
1.0 / 5.0
$2,000,001 home value, $2,194/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
81.3% bachelor's degree or higher

Housing Overview

Median Home Value
$2,000,001
609% above
US avg: $281,900
Median Rent
$2,194/mo
89% above
US avg: $1,163/mo
Homeownership Rate
88.2%
35% above US avg (65.4%)
Total Housing Units
2,007
Median year built: 1958

Home Value by Source

Census Median
$2,000,001
Zillow (ZHVI)
$1,377,237
Median Sale Price
$5,743,387
Median List Price
$5,300,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

88.2%
Owner-Occupied
11.8%
Renter-Occupied
88%
12%
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: $2,194/mo · Zillow rent: $7,433/mo

Market Indicators (Redfin)

Median Days on Market
38 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
12.5%
of listings with price reduction
Price Per Sq Ft
$2,306
Active Inventory
8
homes for sale

Affordability & Housing Stock

Rent Burden
33.6%
of renters spending 30%+ of income on housing
8% above US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
88.2%

Complete Housing Data

Home Values

Census Median Value$2,000,001
Zillow Home Value (ZHVI)$1,377,237
Median Sale Price$5,743,387
Median List Price$5,300,000
Price Per Sq Ft$2,306

Rent

Census Median Rent$2,194
Zillow Rent (ZORI)$7,433
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 Market38
Sale-to-List Ratio1.0%
Price Drops12.5%
Homes Sold5
Active Inventory8
Price Per Sq Ft$2,306

Ownership & Stock

Owner-Occupied88.2%
Renter-Occupied11.8%
Homeownership Rate88.2%
Total Housing Units2,007
Median Year Built1958
Rent Burden33.6%