Jersey City, NJ Housing Market & Real Estate

Leaning buyer's+20.4% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Jersey City, NJ is $799,500, up 20.4% year-over-year. Homes sell in an average of 69 days with 566 active listings. The market is currently a leaning buyer's.

$799,500median sale price

Is Jersey City a buyer's or seller's market?

Leaning buyer's4.4 months of supply69 avg. days on market

Jersey City, NJ is currently a leaning buyer's, based on 4.4 months of supply and homes selling in about 69 days. How we determine this →

Homes sold

130

Last 12 weeks

Days on market

69

Average pace

Active listings

566

4.4 months supply

Sale-to-list

98.8%

Below asking

Jersey City, NJ market data

Current housing market statistics for Jersey City, NJ
MetricValue
Median sale price$799,500
Median list price$777,000
Year-over-year price change+20.4%
Average days on market69 days
Active inventory566 listings
Months of supply4.4 months
Sale-to-list price ratio98.8%
Market conditionLeaning buyer's

Source: Redfin · Updated weekly

The Jersey City housing market is currently classified as a leaning buyer's with a median sale price of $799,500. Prices have risen 20.4% compared to last year, with homes spending an average of 69 days on market, indicating 4.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Jersey City

There are currently 566 homes listed for sale in Jersey City, New Jersey. The median listing price is $777K.

Active listings

566

Homes on market

Median list price

$777K

Avg. days on market

69

Days until sale

New this week

203

Newly listed

Price drops:12.2%of listings
Sale-to-list:98.8%

Top public schools in Jersey City

50 schools tracked · 31,971 students

The largest public schools serving Jersey City, 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.

William L Dickinson High School

Grades 9-12 · 1,856 students

Public

BelovED Community Charter School

Grades K-12 · 1,556 students

Charter

James J Ferris High School

Grades 9-12 · 1,345 students

Public

Empowerment Academy Charter School

Grades K-9 · 1,181 students

Charter

Cornelia F. Bradford School

Grades PK-5 · 1,083 students

Public

Joseph H. Brensinger School

Grades PK-8 · 987 students

Public

Christa McAuliffe School

Grades PK-8 · 926 students

Public

County Prep High School

Grades 9-12 · 917 students

Vocational

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Jersey City?

The median home sale price in Jersey City is $799,500, up 20.4% from last year.

How long do homes stay on market in Jersey City?

Homes typically spend 69 days on market before going under contract.

Is Jersey City a buyer's or seller's market?

With 4.4 months of supply, Jersey City is currently a leaning buyer's.

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