08738 — Ocean County, New Jersey Market Snapshot
Housing market data for zip code 08738 in Ocean County, New Jersey. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 7 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the Ocean County county page for broader data.
Market Sales Data
7 sales in 2026 (year to date)
Median Sale Price
$3,200,000
Days to Sell
51
Homes Sold
7
Inventory
27
Jumbo Loan Likely Needed
The median home in 08738 at $3,200,000 exceeds the 2026 conforming loan limit of $1,209,750 by $1,990,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
08738's market is balanced with homes taking an average of 51 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Conforming Loan Feasibility
The median home in 08738 at $3,200,000 exceeds the 2026 conforming loan limit of $1,209,750 by $1,990,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 08738 are set at the county level.
2026 Loan Limits — Ocean County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $1,209,750 | $1,249,125 |
| 2 Units | $1,548,975 | $1,599,375 |
| 3 Units | $1,872,225 | $1,933,200 |
| 4 Units | $2,326,875 | $2,402,625 |
Affordability Snapshot — Zip 08738
To purchase the median home at $3,200,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $24,667.
Monthly Payment
$24,667
Income Required
$1,057,173
Principal & Interest
$19,717/mo
Down Payment (5%)
$160,000
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 08738.
Estimated Monthly Payment
$19,954
Jumbo loan required. Loan amount exceeds the $1,209,750 conforming limit for 08738.
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