Jersey City, NJ

Leaning buyer's+20.4% YoY

Housing market overview · Updated weekly

$799,500median sale price

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

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

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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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