Market Overview
Home Prices in Port Monmouth, NJ
The median home value in Port Monmouth, NJ is $622,885 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.2% compared to a year ago and up 4.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Port Monmouth are priced52% above average. Port Monmouth is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Port Monmouth home values have risen by approximately41.0%, reflecting strong long-term appreciation in this market.
Price History
Port Monmouth Home Price Trend
City Comparison
Port Monmouth vs. National Median
At $622,885, homes in Port Monmouth cost 52% above the national median of $410,000. Buyers in Port Monmouth should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Port Monmouth?
20% Down Payment
$124,577
on $622,885
Monthly P&I
$3,249/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,126/mo
incl. taxes & insurance
Income Needed
$165,040
gross annual (30% rule)
10% Down Option
$62,289
+ PMI applies
Loan Amount (20% dn)
$498,308
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Port Monmouth, NJ?
The median home value in Port Monmouth is $622,885 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.2% year-over-year.
How much have home prices changed in Port Monmouth?
Over the past year, home values in Port Monmouth have increased by 6.2%. Over five years, prices have risen approximately 41.0%.
How much do I need to earn to buy a home in Port Monmouth?
To comfortably afford the median home price of $622,885 with a 20% down payment ($124,577) at today's rates (6.8%), you'd need a gross annual income of approximately $165,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Port Monmouth compare to the national average home price?
The national median home value is approximately $410,000. At $622,885, homes in Port Monmouth are 52% above the national average.
What metro area is Port Monmouth part of?
Port Monmouth is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. Home prices and market conditions can vary across the broader metro region.