Housing Prices in Jersey City, NJ

How much do homes in Jersey City, NJ cost?

Median List Price

$749,900

$470/sqft

Based on all homes listed in September 2024.

Difference Since Last Month

+$49,901(+7.1%)

Key Takeaway

The list price of homes in Jersey City has increased by 7.1% since August.

Summary: The median home list price in Jersey City was $749,900 in September 2024, up 7.1% from the previous month, and the median price per square foot was $470.

Median List Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 $484.5K$400K
-17.4%
2 $517.5K$535K
+3.4%
3 $825K$840K
+1.8%
4 $724.5K$724.5K
0.0%
5+ $872K$907K
+4.0%

Summary: Jersey City housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 17.4%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 1.8%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 4%.

Median List Price Compared To Nearby Cities

Union City
+33.4%
Hoboken
+7.3%
Jersey City
+7.1%

Housing Supply in Jersey City, NJ

How many homes are available in Jersey City, NJ?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
127181+42.5%

Summary: The Jersey City real estate market had 181 homes for sale in September 2024, a 42.5% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 2023
+15.0%
2 1833
+83.3%
3 2741
+51.9%
4 2024
+20.0%
5+ 4260
+42.9%

Summary: The Jersey City housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15%, 2 bedroom homes increased by 83.3%, 3 bedroom homes increased by 51.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 42.9%.

Days on Market for Jersey City, NJ

How long does it take to sell a home in Jersey City, NJ?

Average Listing Age

Aug 2024Sep 2024CHANGE
78 Days72 Days-7.7%

Summary: Homes in Jersey City had an average listing age of 72 days in Sep 2024, down by 7.7% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Jersey City, NJ

Nearby Markets to Jersey City, NJ

What housing markets are near Jersey City, NJ?