Housing Prices in Jersey City, NJ

How much do homes in Jersey City, NJ cost?

Median List Price

$620,000

$518/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$140,000(+29.2%)

Key Takeaway

The list price of homes in Jersey City has increased by 29.2% since last year.

Summary: The median home list price in Jersey City was $620,000 in April 2024, up 29.2% from the previous year, and the median price per square foot was $518.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $299K$450K
+50.5%
2 $432.9K$499K
+15.3%
3 $587.4K$697K
+18.6%
4 $485K$640K
+32.0%
5+ $599K$849K
+41.7%

Summary: Jersey City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50.5%, 2 bedroom homes increased by 15.3%, 3 bedroom homes increased by 18.6%, 4 bedroom homes increased by 32%, and 5+ bedroom homes increased by 41.7%.

Median List Price Compared To Nearby Cities

Kearny
+32.3%
Secaucus
+29.9%
Jersey City
+29.2%
Hoboken
+26.7%

Housing Supply in Jersey City, NJ

How many homes are available in Jersey City, NJ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
87140+60.9%

Summary: The Jersey City real estate market had 140 homes for sale in April 2024, a 60.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1523
+53.3%
2 1730
+76.5%
3 1630
+87.5%
4 1515
0.0%
5+ 2442
+75.0%

Summary: The Jersey City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 53.3%, 2 bedroom homes increased by 76.5%, 3 bedroom homes increased by 87.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 75%.

Days on Market for Jersey City, NJ

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

Average Listing Age

Apr 2023Apr 2024CHANGE
154 Days64 Days-58.5%

Summary: Homes in Jersey City had an average listing age of 64 days in Apr 2024, down by 58.5% compared to the previous year.

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

Report Updated 4 Days Ago

Newest Listings in Jersey City, NJ

Nearby Markets to Jersey City, NJ

What housing markets are near Jersey City, NJ?