Market Overview
Home Prices in Toms River, NJ
The median home value in Toms River, NJ is $470,769 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.7% compared to a year ago and up 3.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Toms River are priced15% above average. Toms River is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Toms River home values have risen by approximately41.9%, reflecting strong long-term appreciation in this market.
Price History
Toms River Home Price Trend
City Comparison
Toms River vs. National Median
At $470,769, homes in Toms River cost 15% above the national median of $410,000. Buyers in Toms River should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Toms River?
20% Down Payment
$94,154
on $470,769
Monthly P&I
$2,455/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,118/mo
incl. taxes & insurance
Income Needed
$124,720
gross annual (30% rule)
10% Down Option
$47,077
+ PMI applies
Loan Amount (20% dn)
$376,615
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 Toms River, NJ?
The median home value in Toms River is $470,769 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 Toms River?
Over the past year, home values in Toms River have increased by 3.7%. Over five years, prices have risen approximately 41.9%.
How much do I need to earn to buy a home in Toms River?
To comfortably afford the median home price of $470,769 with a 20% down payment ($94,154) at today's rates (6.8%), you'd need a gross annual income of approximately $124,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Toms River compare to the national average home price?
The national median home value is approximately $410,000. At $470,769, homes in Toms River are 15% above the national average.
What metro area is Toms River part of?
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.