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Featured local agent — Hoboken, NJ
Sarah Mitchell
Compass Real Estate · Hoboken, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hoboken, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.10Mmedian sale price
How is the Hoboken, NJ housing market right now?
The median home sale price in Hoboken, NJ is $1.10M, up 25.2% year-over-year. Homes sell in an average of 17 days with 120 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Hoboken a buyer's or seller's market?
Hoboken, NJ is currently a seller's market, based on 2.8 months of supply and homes selling in about 17 days. How we determine this →
Homes sold
43
Last 12 weeks
Days on market
17
Fast-moving
Active listings
120
2.8 months supply
Sale-to-list
101.8%
Above asking
What does the Hoboken housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.10M |
| Median list price | $872,500 |
| Year-over-year price change | +25.2% |
| Average days on market | 17 days |
| Active inventory | 120 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 101.8% |
| Median price per sq ft | $1,037/sq ft |
| Homes sold (latest month) | 43 |
| New listings (latest month) | 90 |
| Listings with a price cut | 18.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Hoboken by property type?
How the Hoboken, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Condo / Co-op | $1.01M | $1,025/sq ft | 40 | 17 days |
| Townhouse | $1.44M | $963/sq ft | 1 | 91 days |
Source: Redfin · Updated monthly
The Hoboken housing market is currently classified as a seller's market with a median sale price of $1.10M. Prices have risen 25.2% compared to last year, with homes spending an average of 17 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.0x provides context for how home values compare to local earning capacity.
Homes for sale in Hoboken
There are currently 120 homes listed for sale in Hoboken, New Jersey. The median listing price is $873K.
Active listings
120
Homes on market
Median list price
$873K
Avg. days on market
17
Days until sale
New this week
90
Newly listed
Who lives in Hoboken?
Population
58,340
Median income
$176,943/yr
Median age
31.9 years
Owner-occupied
34.1%
College grads
83.1%
Avg commute
37.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Hoboken?
Zillow home value
$883,215
Zillow rent index
$3,941/mo
Price-to-rent ratio
18.7x
Price-to-income
5.0x
Source: Zillow Research
What is it like to live in Hoboken?
Hoboken is a community of approximately 58K residents with a median age of 31.9 years.The median household income is $176,943, which reflects a relatively affluent area with strong earning potential. 83.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 34.1%, showing a blend of owner and renter-occupied properties. The average commute time is 37.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Hoboken offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Hoboken?
8 schools tracked · 3,596 students
The largest public schools serving Hoboken, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Joseph F Brandt Elementary School
Grades K-5 · 611 students
Hoboken High School
Grades 9-12 · 607 students
Wallace Elementary School
Grades PK-5 · 594 students
Hoboken Middle School
Grades 6-8 · 432 students
Hoboken Dual Language Charter School
Grades K-8 · 432 students
Thomas G. Connors Elementary School
Grades K-5 · 328 students
Hoboken Charter School
Grades K-12 · 299 students
Elysian Charter School of Hoboken
Grades K-8 · 293 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Hoboken, NJ?
Want a head-to-head view? Compare Hoboken side-by-side with any other U.S. city using our market-comparison tool.
Is Hoboken a good real estate investment market?
For investors evaluating Hoboken, the price-to-rent ratio of 18.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 25.2% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Hoboken's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Hoboken's median home price.
Frequently asked questions
What is the average home price in Hoboken?
The median home sale price in Hoboken is $1.10M, up 25.2% from last year.
How long do homes stay on market in Hoboken?
Homes typically spend 17 days on market before going under contract.
What is the median income in Hoboken?
The median household income is $176,943 per year.
Is Hoboken a buyer's or seller's market?
With 2.8 months of supply, Hoboken is currently a seller's market.
What is the Zillow home value estimate for Hoboken?
The Zillow Home Value Index (ZHVI) for Hoboken is $883,215, representing the typical home value in the area.
What is the median condo price in Hoboken?
The median condo/co-op sale price in Hoboken, NJ is $1.01M, based on the latest Redfin data.
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