Market Overview
Home Prices in South Toms River, NJ
The median home value in South Toms River, NJ is $404,178 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.7% compared to a year ago and up 6.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in South Toms River are priced1% below average. South Toms River is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, South Toms River home values have risen by approximately52.0%, reflecting strong long-term appreciation in this market.
Price History
South Toms River Home Price Trend
City Comparison
South Toms River vs. National Median
At $404,178, homes in South Toms River cost 1% below the national median of $410,000. This makes South Toms River a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in South Toms River?
20% Down Payment
$80,836
on $404,178
Monthly P&I
$2,108/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,677/mo
incl. taxes & insurance
Income Needed
$107,080
gross annual (30% rule)
10% Down Option
$40,418
+ PMI applies
Loan Amount (20% dn)
$323,342
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 South Toms River, NJ?
The median home value in South Toms River is $404,178 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.7% year-over-year.
How much have home prices changed in South Toms River?
Over the past year, home values in South Toms River have increased by 3.7%. Over five years, prices have risen approximately 52.0%.
How much do I need to earn to buy a home in South Toms River?
To comfortably afford the median home price of $404,178 with a 20% down payment ($80,836) at today's rates (6.8%), you'd need a gross annual income of approximately $107,080. This assumes keeping total housing costs at or below 30% of gross income.
How does South Toms River compare to the national average home price?
The national median home value is approximately $410,000. At $404,178, homes in South Toms River are 1% below the national average.
What metro area is South Toms River part of?
South Toms River 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.