The Ocean Grove housing market is very competitive. The median sale price of a home in Ocean Grove was $710K last month, down 11.3% since last year. The median sale price per square foot in Ocean Grove is $535, down 27.5% since last year.
What is the housing market like in Ocean Grove today?
In February 2025, Ocean Grove home prices were down 11.3% compared to last year, selling for a median price of $710K. On average, homes in Ocean Grove sell after 73 days on the market compared to 16 days last year. There were 4 homes sold in February this year, down from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$710,000
-11.3% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Ocean Grove, NJ
$710,000
-11.3%
United States
To compare other locations to the Ocean Grove and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Ocean Grove's median sale price is 65% higher than the national average. Overall cost of living in Ocean Grove is 16% higher than the national average. Learn which home features in Ocean Grove add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
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How hot is the Ocean Grove housing market?
Ocean Grove is very competitive. Homes sell in 37 days.
0
100
70
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 37 days.
Hot homes
can sell for about 3% above list price and go pending in around 16 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
View houses in Ocean Grove that sold recently
Recently sold homes
SOLD APR 17, 2025
$750,000 Last Sold Price
4 beds
3 baths
1,582 sq ft
111 Webb Ave Unit 111 & 111 1/2, Ocean Grove, NJ 07756
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Ocean Grove housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Ocean Grove.
Flood Factor - Minor
22% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Ocean Grove has a minor risk of flooding. 270 properties in Ocean Grove are likely to be
severely affected
by flooding over the next 30 years. This represents 22% of all properties in Ocean Grove. Flood risk is increasing faster than the national average.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Ocean Grove has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Ocean Grove is most at risk from hurricanes. 2,185 properties in Ocean Grove have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 127 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 148 mph.