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Real Estate

Toms River Area Real Estate Roundup

in Toms River News

Toms River, NJ — The local real estate scene is never boring, and there are a variety of homes to browse these days. Let Patch and Redfin.com be your go-to source for all the latest listings and upcoming open houses in Toms River and environs.

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in Toms River News

Home Prices In Toms River Area Increased Recently

TOMS RIVER, NJ — Nationally, home prices increased in the last year at the fastest rate since the 1970s, but the rate of increase is expected to slow between 2021 and 2022.

Prices increased 1.5 percent from April to May in the New York-Jersey City-White Plains NY-NJ Metropolitan Division, according to the latest data from the S&P CoreLogic Case-Shiller Index, one of the leading trackers of the housing market. Prices are up 16.6 percent from June 2020.

Prices in the bottom third of the market in the New York-Jersey City-White Plains NY-NJ Metropolitan Division — those priced under $429,000, often designated as starter homes — increased 21 percent year over year. The top third of the market (homes over $651,000) saw a 15 percent increase.

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