New Jersey Housing Market
Warm MarketHousing market data and trends for New Jersey. Track median prices, inventory, days on market, and competition metrics for real estate investors.
Data period: March 2026
Median Sale Price
$547K
↑ 4.0% YoY
Days on Market
49 days
↑ 8.9% YoY
Active Inventory
18,878
↑ 0.5% YoY
Homes Sold
5,929
↓ 2.4% YoY
Warm Market
The market is active with moderate buyer demand.
New Jersey Market Summary
The New Jersey housing market is heating up. As of March 2026, the median home sale price is $547K, up 4.0% year-over-year. Homes are spending a median of 49 days on the market, 8.9% longer than a year ago.
There are 18,878 homes for sale — 0.5% more than last year. With 3.2 months of supply, this is a seller's market. 10,206 new listings were added during this period, down 0.2% year-over-year.
Homes are selling for 100.8% of their list price on average, indicating buyers are paying above asking. 43.9% of homes sell above their asking price. 16.3% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
63
Contributing Factors
How This Market Compares
vs. National Median
Investor Takeaway
This market shows balanced conditions. Evaluate individual deals carefully using rent-to-price ratios and local comps.
New Jersey Market Trends
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Detailed Market Metrics
Median List Price
$588K
Price per Sq Ft
$345
Sale-to-List Ratio
100.8%
Months of Supply
3.2
Sold Above List
43.9%
Price Drops
16.3%
New Listings
10,206
↓ 0.2% YoY
Pending Sales
7,962
Metro Areas in New Jersey
New Brunswick, NJ metro area
$550K median
51 days
on market
Newark, NJ metro area
$600K median
35 days
on market
Camden, NJ metro area
$366K median
42 days
on market
Atlantic City, NJ metro area
$377K median
81 days
on market
Trenton, NJ metro area
$423K median
51 days
on market
Ocean City, NJ metro area
$743K median
77 days
on market
Vineland, NJ metro area
$270K median
62 days
on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.