New Jersey Home Values & Market Trends
There have been 165 properties sold in the New Jersey real estate market trends. Median home values in the New Jersey housing market are $483,323.68. The median residential home value for transactions over the last 12 months is 473,871. The State of New Jersey currently has 72 properties in foreclosure, 1 bank owned properties, and 1 headed for auction.
New Jersey Real Estate Market Overview
| County | Median Est. Value | County | Median Est. Value |
|---|
Housing Market Summary for New Jersey
| Jul 2025 | July 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $470K | $452.6K | -3.69% |
| Median Sold Price | $486.1K | $452.6K | -6.88% |
| Homes For Sale | 54 | 147 | 172.22% |
| Homes Sold | 81 | 75 | -7.41% |
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 New Jersey
Browse Homes in New Jersey
There are currently 152 properties for sale in New Jersey. The current home value ranges in price from 239,900 to 999,999. The total count of properties in the state is 4,618, and the percentage of properties for sale is 67.86%.
- Pre-ForeclosurePre-foreclosure homes account for 1.52% of all residential properties in New Jersey with 07060 containing 103 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 2 counties within New Jersey; of those counties, the estimated home value for pre-foreclosure homes ranges from $875,940 in 07060 to the lowest home value of $250,987 in 07060.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in New Jersey ranges from the highest value of $861,695 in 07060 to the lowest value of $218,768 in 07060. Bank owned homes and properties account for 0.02% of properties in New Jersey. There are 2 counties within New Jersey; 07060 containing 3 REO properties, has the highest number of bank owned properties in a single county.
- Auctions07060 has 8 auction properties, the highest number of properties going to auction in a single county in the state of New Jersey. Auction homes and other auction properties account for 0.02% of all properties in New Jersey. There are 2 counties within New Jersey; of those counties, the median estimated home value for homes going to auction ranges from $685,974 in 07060 to the lowest value of $250,000 in 07060.