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Red Bank, New Jersey Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
1
Sold (12M)
3
Median Price
$2.3M
Market Condition
Seller's Market

Red Bank, New Jersey Market Meter

Buyer'sSeller's
Seller's Market

3.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$2.3M
Avg Price/Acre
$7.2M
Avg Days on Market
-
Months of Supply
3.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M24M36M
0-1 acres-12268
1-2 acres---111
2-5 acres------
5-10 acres------
10-20 acres------
20-50 acres------
50-100 acres------
100+ acres------
TOTAL012379
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres2 sold / 0 listed
1-2 acres1 sold / 0 listed
2-5 acres0 sold / 1 listed

Median Price by Acreage

$0$1.3M$2.5M
0- 1
1- 2

Acreage buckets

Key Market Indicators

Total Sales Volume
$7.3M
Last 12 months
Active Listings
1
Current inventory
Avg Days on Market
-
Time to sell
Price Trend (YoY)
-
Year over year

Red Bank, New Jersey Land Market Analysis

How much is land worth in Red Bank, New Jersey?

The median price for land in Red Bank, New Jersey is currently $7.2M per acre. For a typical parcel, the median sale price is $2.3M. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $1.1M while premium lots reached $3.9M.

Is now a good time to buy land in Red Bank, New Jersey?

Red Bank, New Jersey is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.

What is the months of supply for land in Red Bank, New Jersey?

Red Bank, New Jersey currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

Is now a good time to invest in land in Red Bank, New Jersey?

The current absorption rate in Red Bank, New Jersey is 33.3% (3-month basis), indicating strong demand. The top-performing broker in this market is Corcoran Baer & McIntosh.

What is the median land price in Red Bank, New Jersey?

The median land price in Red Bank, New Jersey stands at $2.3M. This translates to roughly $7.2M per acre for the typical parcel size. The average price is $2.4M, indicating some higher-priced properties pulling up the average.

What is the total land for sale in Red Bank, New Jersey?

There are currently 1 active listings in Red Bank, New Jersey. The median asking price is $2.0M.

What is the average price per acre in Red Bank, New Jersey?

Land in Red Bank, New Jersey averages $6.2M per acre. The median price per acre is $7.2M, which may be more representative of typical transactions. Most parcels sold are around 26,136 sq ft.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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