07724, Eatontown, NJ

The 7724 zip code of Eatontown, NJ has a population of approximately 27,000 people. The median household income in this zip code is $128,000, and the median home value is $527,500. The average home price in this zip code has increased by 21% over the past five years.

The main reason for the increase in home prices in this area is likely due to the strong economy and low interest rates. Additionally, there are a number of new homes being built in Eatontown which are also contributing to the increase in prices.

There are a number of factors that could potentially cause the prices of homes in this area to decrease or change over time. These include a slowdown or recession in the economy, an increase in interest rates, or a decrease in demand for homes due to changes in family demographics or lifestyle choices.