The typical home value in
Leonardo
is projected to be
$664,250
for the month of
February.
January’s
finalized data reported the typical value of a home in the
city
to be
$614,500—up
53.63%
over the previous 12 months.
For comparison,
county-level
data pegged home values at
$710,500
in
Monmouth County
for the most recent reporting period.
That number is expected to float around
$715,750
in
February.
Leonardo
had
5
active listings in
January,
including
1
new listings. Overall, active listings were
down
0.0%
from the previous month.
Of those
5
active listings,
40.0%
reduced their price in the month of
January.
The median listing price for homes in
Leonardo
grew
20.67%
from
December
to
January,
bringing the current median listing price to
$899,000.
Based on projected data for
February,
listing prices may continue to
grow.
The number of days that homes have been on the market prior to going under contract
fell
year-over-year. In
January 2026,
the median time for a listed property to go pending was
41
days, compared to
60
days in
January 2025.
However, in recent months the median number of days from listed to pending appears to be
rising.
That trend is predicted to have carried through to this
February.
