NJShore Guide

07723 Real Estate

Deal Housing Market

$4.3MMedian Price
9Listings
102Days on Market

Deal Housing Market (07723)

Monmouth County presents opportunities for patient buyers. Prices are down 27.5% from last year, with a median of $4.35 million. Homes are staying on market longer at 102 days average, giving buyers leverage in negotiations.

This is one of the most expensive shore markets, with prices running about 427% above the shore-wide median. Expect luxury properties and premium beach access.

Winter is typically the slowest season for shore real estate. Serious sellers may be more flexible on price during these months.

Price Trends (24 Months)

$2.5M$3.5M$4.6M$5.6M$6.7MFeb '24Jun '24Oct '24Feb '25Jun '25Oct '25Jan '26
Median List Price
Latest: $4.3M

Current Market Snapshot

Median Price
$4.35M
-27.5%YoY
Active Listings
9
Days on Market
102
Monthly Change
-3.3%

Compared to Monmouth County

ZIP Median Price
$4.3M
County Median
$825K
Difference
+427.3%above county avg

Market Health Indicators

Price Trend
-27.5%
Days on Market
102 days
Inventory
9

About Deal

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

Deal

Try Before You Buy in Deal

Considering a move to 07723? Rent a vacation home first to experience the neighborhood and lifestyle before committing.

Browse Vacation Rentals

Investment Potential

Investment Calculator

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

$
10%$870K50%
$

Peak summer week rate

4 wks20 wks

Annual Summary

Gross Rental Income$156,000
Est. Expenses (30%)-$46,800
Net Rental Income$109,200
Annual Mortgage-$277,827
Property Tax (est.)-$78,299
Annual Cash Flow$-246,926
Cap Rate
0.7%
Cash-on-Cash
-28.4%

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

07716Atlantic Highlands07732Highlands07760Sea Bright07750Monmouth Beach07740Long Branch07711Allenhurst

Deal Market Updates

Get monthly housing insights for this area.

What interests you? (optional)

No spam. Unsubscribe anytime.

07723 Real Estate FAQs

What is the median home price in Deal (07723)?
The current median list price in Deal (ZIP 07723) is approximately $4350K. Prices vary based on proximity to the beach, property size, and condition. Check the market snapshot above for the latest data.
Is Deal a good place to buy a shore home?
Deal 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 07723?
Days on market in Deal 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 Deal?
Rental regulations in Deal 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 07723?
Flood insurance costs in Deal 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.
← Monmouth County Real EstateShore Real Estate Overview