RealTrends Market Report

New Jersey, NJ

Single-Family Homes

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New Jersey, NJ

Wed Aug 27 2025
This week the median list price for New Jersey, NJ is $615,000 with the market action index hovering around 44. This is less than last month's market action index of 45. Inventory has increased to 11,914. Click here to stay informed with the New Jersey market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

New Jersey, NJ

Wed Aug 27 2025
This week the median list price for New Jersey, NJ is $615,000 with the market action index hovering around 44. This is less than last month's market action index of 45. Inventory has increased to 11,914. Click here to stay informed with the New Jersey market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Real-Time Market Profile

Never miss important changes in the New Jersey market.
Median List Price $615,000
Median Price of New Listings $589,000
Per Square Foot $298
Average Days on Market 84
Median Days on Market 42
Price Decreased 29%
Price Increased 1%
Relisted 12%
Inventory 11,914
Median Rent
Market Action 44
Slight Seller's Advantage

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,539,000 3,452 0.25 - 0.5 acre 5 4 34 227 305 63
$749,000 2,340 8,000 - 10,000 sqft 4 2.5 54 373 385 35
$517,800 1,748 6,500 - 8,000 sqft 3 2 65 395 490 35
$319,900 1,333 4,500 - 6,500 sqft 3 1.5 67 360 451 42