NJShore Guide

07732 Real Estate

Highlands Housing Market

$872KMedian Price
12Listings
34Days on Market

Highlands Housing Market (07732)

The Monmouth County real estate market is gaining momentum. With a median asking price of $872,000 and homes averaging 34 days on market, competition is building. Well-priced properties in prime locations are drawing multiple offers.

Prices are in line with the broader shore market median.

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)

$508K$603K$698K$794K$889KFeb '24Jun '24Oct '24Feb '25Jun '25Oct '25Jan '26
Median List Price
Latest: $872K

Current Market Snapshot

Median Price
$872K
+44.6%YoY
Active Listings
12
Days on Market
34
Monthly Change
+5.1%

Compared to Monmouth County

ZIP Median Price
$872K
County Median
$825K
Difference
+5.7%above county avg

Market Health Indicators

Price Trend
+44.6%
Days on Market
34 days
Inventory
12

About Highlands

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

highlands

Try Before You Buy in Highlands

Considering a move to 07732? 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 Highlands property during summer months.

$
10%$174K50%
$

Peak summer week rate

4 wks20 wks

Annual Summary

Gross Rental Income$31,200
Est. Expenses (30%)-$9,360
Net Rental Income$21,840
Annual Mortgage-$55,694
Property Tax (est.)-$15,696
Annual Cash Flow$-49,550
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 Highlands07760Sea Bright07750Monmouth Beach07740Long Branch07723Deal07711Allenhurst

Highlands Market Updates

Get monthly housing insights for this area.

What interests you? (optional)

No spam. Unsubscribe anytime.

07732 Real Estate FAQs

What is the median home price in Highlands (07732)?
The current median list price in Highlands (ZIP 07732) is approximately $872K. Prices vary based on proximity to the beach, property size, and condition. Check the market snapshot above for the latest data.
Is Highlands a good place to buy a shore home?
Highlands 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 07732?
Days on market in Highlands 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 Highlands?
Rental regulations in Highlands 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 07732?
Flood insurance costs in Highlands 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