Red Bank borough: Median Home Value Trend
How Red Bank borough's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$369,400
2023
$477,000
Total change
+$107,600
% change
+29.1%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $369,400 | — |
| 2019 | $404,400 | +$35,000 (9.5%) |
| 2020 | $403,100 | $1,300 (-0.3%) |
| 2021 | $414,900 | +$11,800 (2.9%) |
| 2022 | $424,700 | +$9,800 (2.4%) |
| 2023 | $477,000 | +$52,300 (12.3%) |