What Drives the Average and Median Listing Price in the LBI Real Estate Market?
- Nathan Colmer
- Sep 13
- 3 min read
What Drives the Average and Median Listing Price in the Long Beach Island Real Estate Market?
Long Beach Island Real Estate Market
The Long Beach Island (LBI) real estate market remains one of the most desirable coastal markets in New Jersey. Whether you are buying, selling, or investing, understanding the average and median listing price in the LBI real estate market is essential for making informed decisions. The average price of a home in the LBI real estate market gives a general sense of market pricing. Excessively high or low-priced properties can skew the numbers, but they help understand overall market trends, especially in areas with consistent pricing. The median price of a home in the LBI real estate market represents the typical price point in the market. Unlike the average price point, the median price is not significantly affected by outliers, making it a more reliable indicator in markets with wide price ranges. This number helps buyers and sellers understand what a “typical” home costs and can provide insight into the future of the LBI real estate market.
By : Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
What Drives the Average and Median Listing Price in the LBI Real Estate Market: Factors Affecting Listing Prices in the LBI Real Estate Market
Several key factors influence listing prices in the LBI market:
Location: Proximity to the beach, bay, or town centers significantly impacts value.
Property Size and Layout: Larger homes with modern layouts and amenities command higher prices.
Condition and Age: Newly built or recently renovated homes typically list higher than older properties.
Market Demand and Inventory: High demand and low inventory drive prices upward, while increased supply can moderate them.
Interest Rates: Lower mortgage rates often stimulate buyer activity, pushing prices higher.
Comparable Sales: Recent sales in the area set pricing benchmarks for new listings.
Seasonality: Spring and summer months tend to see more listings and higher prices due to increased buyer interest.
Recent LBI Real Estate Market Trends: Oct 2024 – Sep 2025
An analysis of the average and median listing price in the LBI real estate market over the past 12 months reveals notable fluctuations:
Highest Prices: September 2025 saw the peak with an average listing price of $3,282,000 and a median of $3,249,500, reflecting strong demand and premium inventory.
Lowest Prices: August 2025 recorded the lowest average at $2,168,579 and median at $1,875,000, possibly due to seasonal slowdowns or increased lower-priced listings.
Overall Averages:
Average Listing Price: ~$2,693,687
Median Listing Price: ~$2,407,475
These figures suggest a resilient market with seasonal and economic influences shaping pricing. The spring and early summer months (March–June) showed steady growth, while late summer brought a dip, likely tied to inventory shifts and buyer behavior.
What This Means for Buyers and Sellers
For buyers, understanding the average and median listing price in the LBI real estate market helps set realistic expectations and identify value opportunities. For sellers, it’s a pricing guide that competes competitively while maximizing returns. Understanding the average and median listing price in the LBI real estate market isn’t just about tracking numbers—it’s about how those numbers shape buyer behavior, expectations, and strategy. For more information about the current state of the LBI real estate market and the trends we are witnessing on Long Beach Island, please don't hesitate to reach out anytime.
By : Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
