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Allenhurst Real Estate

Monmouth County Housing Market Is Heating Up

$3.3MMedian Price
14Listings
55Days on Market

Allenhurst Housing Market

Monmouth County has a median list price of $3.30 million and homes averaging 55 days on market. Prices are up 22.3% year-over-year as buyer activity picks up. At this price point, most buyers are cash-heavy and transact on their own schedule regardless of broader market movements.

This is one of the most expensive shore markets, with prices running about 306% above the shore-wide median. Expect luxury properties and premium beach access.

Summer is peak season for shore real estate activity. Expect competition for beachfront and ocean-view properties as seasonal buyers are most active.

Price Trends (24 Months)

$1.9M$2.3M$2.7M$3.2M$3.6MMay '24Sep '24Jan '25May '25Sep '25Jan '26Apr '26
Median List Price
Latest: $3.3M

Current Market Snapshot

Median Price
$3.30M
+22.3%YoY
Active Listings
14
Days on Market
55
Monthly Change
-2.9%

Compared to Monmouth County

ZIP Median Price
$3.3M
County Median
$814K
Difference
+305.7%above county avg

Market Health Indicators

Price Trend
+22.3%
Days on Market
55 days
Inventory
14

About Allenhurst

Allenhurst is a shore community in Monmouth County. Learn more about beaches, attractions, dining, and events.

Allenhurst

Try Allenhurst Before You Buy

Rent a vacation home to experience the neighborhood before committing β€” or book a hotel for a scouting trip.

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Investment Potential

Investment Calculator

Estimate your potential returns if you rent out your Allenhurst property during summer months.

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10%$660K50%
$

Peak summer week rate

4 wks20 wks

Annual Summary

Gross Rental Income$118,800
Est. Expenses (30%)-$35,640
Net Rental Income$83,160
Annual Mortgage-$210,768
Property Tax (est.)-$59,400
Annual Cash Flow$-187,008
Cap Rate
0.7%
Cash-on-Cash
-28.3%

Investment Outlook

Challenging as pure investment. Negative cash flow means you would need other income or appreciation to justify. Better suited as a vacation home with some rental offset.

* Estimates only. Consult a financial advisor and research local rental regulations. Expenses estimate includes insurance, maintenance, management, and vacancy.

Nearby ZIP Codes

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Allenhurst Real Estate FAQs

What is the median home price in Allenhurst (07711)?
The current median list price in Allenhurst (ZIP 07711) is approximately $3300K. Prices vary based on proximity to the beach, property size, and condition. Check the market snapshot above for the latest data.
Is Allenhurst a good place to buy a shore home?
Allenhurst offers its own unique character within Monmouth County. Consider factors like beach access, local amenities, commute times, and rental potential. Many buyers rent in the area first to experience the community before purchasing.
How long do homes stay on the market in 07711?
Days on market in Allenhurst varies seasonally. Summer listings often move faster due to higher buyer activity. Check the current market metrics above to see how quickly homes are selling in this area right now.
Can I rent out my property in Allenhurst?
Rental regulations in Allenhurst depend on local ordinances. Some shore towns welcome short-term vacation rentals while others restrict them. Contact the local municipality for current rental permit requirements and restrictions.
What are the flood insurance costs in 07711?
Flood insurance costs in Allenhurst depend on the property's elevation, flood zone designation, and whether the structure has been elevated. Properties in high-risk zones (A or V zones) require flood insurance for federally-backed mortgages.