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: January 2026
Median Sale Price
$551K
↑ 2.6% YoY
Days on Market
58 days
↑ 18.4% YoY
Active Inventory
16,758
↑ 5.3% YoY
Homes Sold
5,422
↓ 9.4% 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 January 2026, the median home sale price is $551K, up 2.6% year-over-year. Homes are spending a median of 58 days on the market, 18.4% longer than a year ago.
There are 16,758 homes for sale — 5.3% more than last year. With 3.1 months of supply, this is a seller's market. 6,932 new listings were added during this period, down 3.5% year-over-year.
Homes are selling for 100.2% of their list price on average, indicating buyers are paying above asking. 41.3% of homes sell above their asking price. 14.8% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
60
Contributing Factors
How This Market Compares
vs. National Median
Investor Takeaway
Prices are 30% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.
New Jersey Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Sale-to-List Ratio
Listings with Price Drops
Detailed Market Metrics
Median List Price
$553K
Price per Sq Ft
$332
Sale-to-List Ratio
100.2%
Months of Supply
3.1
Sold Above List
41.3%
Price Drops
14.8%
New Listings
6,932
↓ 3.5% YoY
Pending Sales
5,884
Metro Areas in New Jersey
New Brunswick, NJ metro area
$550K median
51 days
on market
Newark, NJ metro area
$595K median
49 days
on market
Camden, NJ metro area
$370K median
47 days
on market
Trenton, NJ metro area
$448K median
60 days
on market
Ocean City, NJ metro area
$860K median
78 days
on market
Atlantic City, NJ metro area
$392K median
102 days
on market
Vineland, NJ metro area
$263K median
55 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.