Median Sale Price
$5,600,000
low-volume — YoY suppressed
Active Inventory
5
Days on Market
14 days
Price Drops

Single-Family vs. Condo

Source: Redfin (property-type breakdown)
Single-Family Median
$5,600,000

Buyer vs. Seller Market Indicators

Latest month — Redfin
Months of Supply
5.0 mo
Balanced

Inventory ÷ monthly sales. Below 3 = strong seller market; 3-6 balanced; above 6 = buyer market.

Sale-to-List Ratio
81.8%
Heavy price cuts

Median closing price ÷ original list price. Above 100% = homes routinely closing above asking.

% Sold Above List
0%
Buyer-favorable

Share of closed sales priced above asking. The single cleanest read on bidder competition.

What does your sqft target cost in Allenhurst, New Jersey?

$801/sqft median (Redfin)
+$0 adj
+$0 adj
optional
Estimated price
$1,602,518
Entry-level (-71% vs median)
Region median
$5,600,000
all homes
Price-tier reverse lookup — what sqft does each price band buy?
$600,000
≈ 749 sqft
$1,200,000
≈ 1,498 sqft
$2,000,000
≈ 2,496 sqft
$5,000,000
≈ 6,240 sqft

Estimate = (median $/sqft × your sqft) + bed/bath/lot adjustments. Bed and bath adjustments use Appraisal Institute / Fannie Mae standard rules of thumb (~$15K/extra bedroom, ~$20K/extra bathroom vs. a 3bd/2ba baseline; half-bath = half adj). Lot premium is a $1.50/sqft heuristic beyond a 6,000 sqft baseline — accuracy varies sharply by urban infill vs. acreage market. Quality, condition, year built, and HOA are not modeled here. For a deeper county-level hedonic AVM, see AVM Lite.

Rent + invest vs. buy + own — backtested

15-yr rolling history · S&P 500
Property type:
Upfront capital committed (both paths): $1.29M = 20% down + 3% closing on a $5.60M home
BUY + OWN
Median ending wealth $4.92M $3.00M real
Net gain on $1.29M upfront: $3.63M
Range: $4.92M → $4.92M
Wealth = home value (appreciated at 3%/yr) − remaining mortgage − 6% selling cost. Gain = wealth − upfront. Leveraged appreciation on full $5.60M asset comes from the 20% down.
RENT + INVEST
Median ending portfolio $20.20M $7.13M real
Net gain on $8.23M contributed: $11.97M
Range: $9.82M → $48.45M
Same upfront cash + each year's (own − rent) surplus invested in S&P 500 at actual annual returns. Median renter contributed $8.23M total.
Median wealth delta: $15.29M in favor of RENT + INVEST
What if you'd started in a recent year? (most-recent 15yr window: 2011–2025)
WindowBuy wealthBuy gainRent wealthRent gainWealth delta
2011–2025$4.92M$3.63M$28.91M$20.68M$23.99M rent
2010–2024$4.92M$3.63M$29.44M$21.21M$24.52M rent
2009–2023$4.92M$3.63M$27.66M$19.43M$22.75M rent
2008–2022$4.92M$3.63M$21.42M$13.19M$16.50M rent
2007–2021$4.92M$3.63M$27.91M$19.68M$22.99M rent
2006–2020$4.92M$3.63M$23.71M$15.48M$18.79M rent
2005–2019$4.92M$3.63M$21.47M$13.24M$16.55M rent
2004–2018$4.92M$3.63M$17.65M$9.42M$12.73M rent

Educational tool, not investment or real-estate advice. Past performance does not guarantee future results. Backtests use actual annual total returns including dividends from S&P 500 (Damodaran (NYU Stern) annual total return (with dividends), 1957-present.).

Buyer model: 30-yr fixed mortgage, P&I + property tax + insurance + maintenance (1% of value/yr) + HOA. Selling cost = 6%. Investor model: down payment + annual cashflow surplus invested in the chosen index at that calendar year's actual return.

Tax model: pre-tax comparison. Toggle "after-tax mode" to apply MID, SALT, LTCG, and the Sec 121 capital-gains exclusion.

This calculator does not adjust for: PMI (assumed 20%+ down), differential transaction costs by state, lifestyle factors (commute, schools, kids), illiquidity / forced-sale risk, or insurance availability constraints (e.g., FL/CA wildfire). Consult a fiduciary advisor and tax professional before acting on any of this.

Cost-of-living escalation — New Jersey (7 categories)

7-yr trajectories · state-grain (no city-grain data published)
Electricity (residential) latest 2025 · ¢/kWh
18.49¢
+2.7% YoY +29.2% since 2019
19
20
21
22
23
24
25
~$166/mo at 900 kWh
🔥
Natural gas (residential) latest 2025 · $/mo
$112
+2.9% YoY +35.0% since 2019
19
20
21
22
23
24
25
monthly bill at typical 60 therms
🛒
Groceries (food at home) latest 2025 · $/mo
$680
+2.5% YoY +33.6% since 2019
19
20
21
22
23
24
25
BLS CPI food-at-home, RPP-adjusted
🏠
Homeowners insurance latest 2025 · $/yr
$1,645
+7.5% YoY +72.1% since 2019
19
20
21
22
23
24
25
NAIC HO-3 statewide avg
🏥
Health insurance (family contribution) latest 2025 · $/yr
$7,700
+5.2% YoY +30.7% since 2019
19
20
21
22
23
24
25
KFF family worker share
🚗
Auto insurance latest 2025 · $/yr
$2,600
+6.7% YoY +64.1% since 2019
19
20
21
22
23
24
25
state avg full-coverage
👶
Childcare (infant, center) latest 2025 · $/yr
$15,177
+5.0% YoY +27.1% since 2019
19
20
21
22
23
24
25
Child Care Aware annual report

Trajectories anchor each state's most recent published value to the corresponding national YoY pattern (electricity → EIA, natural gas → EIA, groceries → BLS CPI food-at-home, homeowners insurance → NAIC, healthcare → KFF Employer Health Benefits, auto insurance → BLS CPI motor vehicle insurance, childcare → Child Care Aware "Price of Care"). City-grain data is not published for any of these categories — Allenhurst inherits New Jersey's state-level series. Per-household costs vary by provider, plan, household size, and usage.

Who lives here

Census ACS 5-year (place-level)
Population
387
Median Household Income
$96,500
58.0× home price
Owner-Occupied
52.4%
Vacancy Rate
50.1%

75.1% of housing was built before 1950 — older stock often means smaller bedrooms, deferred maintenance, and 1-bath layouts.

Market Pressure Signals

Derived from Redfin trend
Inventory vs. Long-Term Avg
+50.0%
surplus — buyer leverage
DOM vs. 24-Mo Avg
-91.9%
currently 14 days
Long-Term Avg Inventory
3
Long-Term Avg DOM
172 days

Value / Rent

state ZORI mean (city rent unavailable from public sources)
Value / Rent
214.5×
overpriced vs rent

City rent data isn't published in Zillow's public CSVs. We use the state-level ZORI mean as the rent reference. The state-level rent is a useful approximation for big metros within a state but can mislead in extreme outlier cities.

Trends

Up to 5 years of monthly data

Median Sale Price

Trailing 12 months

Active Inventory

Trailing 12 months

Days on Market

Trailing 12 months

State-level data: New Jersey statewide stats →

Verify any number on this page: data sources, formulas, and cross-references →