August 2026 Real Estate Market Report Update South River, NJ Russell Hayek

South River NJ Real Estate Market – August 2026 The August 2026 South River real estate market gave buyers more homes to choose from compared with a year ago. There were 17 new single-family listings, up from 12 last August, while 13 homes closed, compared with 15 in August 2025. The median sales price was $522,500, very close to last year's $520,000. Homes sold in an average of 38 days, down from 48 days last August, while sellers received an average of 99.9% of their asking price. One of the biggest changes was inventory, with 33 homes for sale, compared with only 13 a year ago. Year to date, 81 homes have closed, up 17.4%, and the median sales price stands at $515,000, up 3% from the same period last year. Overall, South River had considerably more inventory available in August while home prices remained relatively stable.