Home prices
The median home in Asbury Park is valued at $377,400. Compared to its nearby areas this is about $423,620 (52%) lower.In comparison to the nation as a whole it is roughly $159,900 (73%) higher, and compared to the city of New York it is approximately $228,600 (37%) lower.
Rents
The median rent in Asbury Park is $1,229 per month. Compared to other places in this area this is about $422 (25%) lower.It is roughly $167 (15%) higher compared to the country as a whole, and it is about $214 (14%) lower in comparison to the city of New York.
Nearby places
Ocean Grove
Ocean Grove is Asbury Park's neighbor to the south. Its real estate prices are somewhat more expensive. The median home cost in Ocean Grove is $498,700, which works out to $121,300 (24%) higher than Asbury Park. The rent there is similar. Ocean Grove's median monthly rent is $1,281, which comes out to $52 (4%) higher than Asbury Park.
Loch Arbour
Loch Arbour is Asbury Park's neighbor to the northeast. Its housing prices are significantly more expensive. The median home price in Loch Arbour is $1,017,900, which comes out to $640,500 (62%) higher than Asbury Park. Rent there is a little more expensive. Loch Arbour's median rent is $1,438 per month, which comes out to $209 (14%) higher than Asbury Park.
Interlaken
Interlaken is Asbury Park's neighbor to the north. Real estate prices there are a lot more expensive. The price of the median home in Interlaken is $655,500, which is $278,100 (42%) higher than Asbury Park. The rent there is a lot more expensive. Interlaken's median rent is $3,050 a month, which comes out to $1,821 (59%) higher than Asbury Park.
Allenhurst
Allenhurst is roughly 1 mile northeast of Asbury Park. The real estate prices there are a lot more expensive. The median home in Allenhurst costs $1,265,600, which works out to $888,200 (70%) higher than Asbury Park. The rent there is somewhat less expensive. The median rent in Allenhurst is $1,136 a month, which works out to $93 (8%) lower than Asbury Park.
Bradley Beach
Bradley Beach is about 1 mile south from Asbury Park. Its housing prices are substantially more expensive. The median home value in Bradley Beach is $567,400, which works out to $190,000 (33%) higher than Asbury Park. Rent there is a little more expensive. In Bradley Beach the median rent is $1,348 a month, which comes out to $119 (8%) higher than Asbury Park.