Jersey City, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 2,105 transactions over the past year in Jersey City. The median value for residential home transactions that occurred over the previous year is $698,351.6. The number of current listings in Jersey City is 1,520, and the percentage of properties for sale in the city is 80.55%. Jersey City, NJ currently has 367 properties in foreclosure, 8 bank owned properties, 16 properties headed for auction, and 1,520 properties for sale.
Jersey City, NJ Real Estate Market Overview
Housing Market Summary for Jersey City, NJ
| Mar 2025 | March 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $539K | $699.6K | 29.80% |
| Median Sold Price | $680.6K | $699.6K | 2.79% |
| Homes For Sale | 190 | 1,494 | 686.32% |
| Homes Sold | 1,141 | 780 | -31.64% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Jersey City, NJ
Browse Homes in Jersey City, NJ
Jersey City home values range from $208,000 to $1,830,000. The median estimated value of a home in Jersey City is $698,351.6. The median list price of a home is 739,126.857, and the total count of properties in the city is 52,589.
- Pre-ForeclosurePre-foreclosure homes account for 0.65% of all residential properties in Jersey City, NJ with 07305 containing 154 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 6 zips within Jersey City, NJ; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,778,000 in 07306 to the lowest home value of $233,400 in 07305.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Jersey City, NJ ranges from the highest value of $785,000 in 07305 to the lowest value of $264,400 in 07304. Bank owned homes and properties account for 0.02% of properties in Jersey City, NJ. There are 6 zips within Jersey City, NJ; 07305 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07305 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of Jersey City, NJ. Auction homes and other auction properties account for 0.03% of all properties in Jersey City, NJ. There are 6 zips within Jersey City, NJ; of those zips, the median estimated home value for homes going to auction ranges from $1,347,000 in 07302 to the lowest value of $327,100 in 07302.