Jersey City, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 1,139 transactions over the past year in Jersey City. The median value for residential home transactions that occurred over the previous year is $618,968.76. The number of current listings in Jersey City is 1,039, and the percentage of properties for sale in the city is 83.99%. Jersey City, NJ currently has 198 properties in foreclosure, 5 bank owned properties, 18 properties headed for auction, and 1,039 properties for sale.
Jersey City, NJ Real Estate Market Overview
Housing Market Summary for Jersey City, NJ
| Jul 2025 | July 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $700K | $628.9K | -10.16% |
| Median Sold Price | $703.6K | $628.9K | -10.62% |
| Homes For Sale | 1,187 | 1,036 | -12.72% |
| Homes Sold | 838 | 535 | -36.16% |
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 $91,228 to $2,945,261. The median estimated value of a home in Jersey City is $618,968.76. The median list price of a home is 756,643.333, and the total count of properties in the city is 25,862.
- Pre-ForeclosurePre-foreclosure homes account for 0.68% of all residential properties in Jersey City, NJ with 07305 containing 88 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 $1,870,686 in 07302 to the lowest home value of $274,697 in 07305.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Jersey City, NJ ranges from the highest value of $375,545 in 07305 to the lowest value of $275,000 in 07305. 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 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07305 has 8 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 0.07% 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 $1,035,692 in 07307 to the lowest value of $499,000 in 07307.