Housing Prices in Jersey City, NJ
How much do homes in Jersey City, NJ cost?
Median List Price
$600,000
$541/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Jersey City has increased by 33.3% since last year.
Summary: The median home list price in Jersey City was $600,000 in March 2024, up 33.3% from the previous year, and the median price per square foot was $541.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $299K | $462.5K | +54.7% |
| 2 Bedrooms | $425K | $499K | +17.4% |
| 3 Bedrooms | $579.9K | $699.4K | +20.6% |
| 4 Bedrooms | $517K | $690.7K | +33.6% |
| 5+ Bedrooms | $599K | $839K | +40.1% |
Summary: Jersey City housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 54.7%, 2 bedroom homes increased by 17.4%, 3 bedroom homes increased by 20.6%, 4 bedroom homes increased by 33.6%, and 5+ bedroom homes increased by 40.1%.
Median List Price Compared To Nearby Cities
| Hoboken | $679K | $1.1M | +75.0% |
| Jersey City | $450K | $600K | +33.3% |
| Kearny | $399.9K | $517.5K | +29.4% |
| Union City | $369K | $449.9K | +21.9% |
| Secaucus | $477.4K | $549K | +15.0% |
Housing Supply in Jersey City, NJ
How many homes are available in Jersey City, NJ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 91 | 133 | +46.2% |
Summary: The Jersey City real estate market had 133 homes for sale in March 2024, a 46.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 20 | +66.7% |
| 2 Bedrooms | 18 | 31 | +72.2% |
| 3 Bedrooms | 15 | 21 | +40.0% |
| 4 Bedrooms | 19 | 25 | +31.6% |
| 5+ Bedrooms | 27 | 36 | +33.3% |
Summary: The Jersey City housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 72.2%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes increased by 33.3%.
Days on Market for Jersey City, NJ
How long does it take to sell a home in Jersey City, NJ?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 157 Days | 75 Days | -52.2% |
Summary: Homes in Jersey City had an average listing age of 75 days in Mar 2024, down by 52.2% compared to the previous year.
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.