Jersey ShoreGUIDE

Brick Real Estate

Ocean County Housing Market Is Heating Up

$528KMedian Price
81Listings
34Days on Market

Brick Housing Market

Ocean County offers bay access and waterfront living at a median list price of $528,000 and homes averaging 34 days on market. Prices are up 8.8% year-over-year as buyer activity picks up. This is primarily a year-round residential market rather than a seasonal resort -- prices reflect local demand more than vacation activity.

Prices are in line with the broader shore market median.

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)

$510K$538K$566K$594K$622KMay '24Sep '24Jan '25May '25Sep '25Jan '26Apr '26
Median List Price
Latest: $528K

Current Market Snapshot

Median Price
$528K
-8.8%YoY
Active Listings
81
Days on Market
34
Monthly Change
+2.5%

Compared to Ocean County

ZIP Median Price
$528K
County Median
$535K
Difference
-1.3%below county avg

Market Health Indicators

Price Trend
-8.8%
Days on Market
34 days
Inventory
81

About Brick

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

brick

Try Brick Before You Buy

Rent a vacation home to experience the neighborhood before committing — 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 Brick property during summer months.

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10%$106K50%
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Peak summer week rate

4 wks20 wks

Annual Summary

Gross Rental Income$19,200
Est. Expenses (30%)-$5,760
Net Rental Income$13,440
Annual Mortgage-$33,721
Property Tax (est.)-$9,504
Annual Cash Flow$-29,785
Cap Rate
0.7%
Cash-on-Cash
-28.2%

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

08742Point Pleasant Beach08738Mantoloking08735Lavallette08751Seaside Heights08752Seaside Park08006Barnegat Light

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Brick Real Estate FAQs

What is the median home price in Brick (08723)?
The current median list price in Brick (ZIP 08723) is approximately $528K. Prices vary based on proximity to the beach, property size, and condition. Check the market snapshot above for the latest data.
Is Brick a good place to buy a shore home?
Brick offers its own unique character within Ocean 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 08723?
Days on market in Brick 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 Brick?
Rental regulations in Brick 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 08723?
Flood insurance costs in Brick 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.
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