Colts Neck, NJ 07722 Real Estate Market Report

ZIP Code: 07722
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The real estate market in Colts Neck, NJ is currently characterized by a median sold price of $1,299,000, reflecting a year-over-year decline in property values. This trend suggests a down market, indicating potential pricing friction for sellers. Despite this, the median listing price stands at $1,949,997, highlighting a significant gap between seller expectations and actual transaction values, which may contribute to slower sales velocity.

Transaction activity appears moderate, with median days on market extending to 294 days, suggesting a slower pace of sales in this environment. The market temperature is described as neutral, indicating a balance between supply and demand, although elevated inventory levels may be contributing to the overall market dynamics. Additionally, the rental market remains robust, with median market rent increasing to $3,550, reflecting strong demand in that segment.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Colts Neck, NJ are averaging 6.38%, which is 0.87% higher than the average rates of 5.51% seen in early 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $1,299,000 indicates a market that has experienced a down trend in property values year-over-year.

2. With a median listing price of $1,949,997, there is a notable gap between asking prices and actual sales, suggesting potential pricing friction for sellers.

3. The median days on market of 294 days reflects a slower sales velocity, indicating that properties are taking longer to sell in the current market.

4. The market temperature is neutral, suggesting a balance between supply and demand despite elevated inventory levels.

5. The rental market is strong, with median market rent rising to $3,550, indicating high demand in the rental segment.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.