Housing Prices in Jersey City, NJ

How much do homes in Jersey City, NJ cost?

Median List Price

$620,000

$518/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$140,000(+29.2%)

Key Takeaway

The list price of homes in Jersey City has increased by 29.2% since last year.

Summary: The median home list price in Jersey City was $620,000 in April 2024, up 29.2% from the previous year, and the median price per square foot was $518.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $299K$450K
+50.5%
2 $432.9K$499K
+15.3%
3 $587.4K$697K
+18.6%
4 $485K$640K
+32.0%
5+ $599K$849K
+41.7%

Summary: Jersey City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50.5%, 2 bedroom homes increased by 15.3%, 3 bedroom homes increased by 18.6%, 4 bedroom homes increased by 32%, and 5+ bedroom homes increased by 41.7%.

Median List Price Compared To Nearby Cities

Kearny
+32.3%
Secaucus
+29.9%
Jersey City
+29.2%
Hoboken
+26.7%

Housing Supply in Jersey City, NJ

How many homes are available in Jersey City, NJ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
87140+60.9%

Summary: The Jersey City real estate market had 140 homes for sale in April 2024, a 60.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1523
+53.3%
2 1730
+76.5%
3 1630
+87.5%
4 1515
0.0%
5+ 2442
+75.0%

Summary: The Jersey City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 53.3%, 2 bedroom homes increased by 76.5%, 3 bedroom homes increased by 87.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 75%.

Days on Market for Jersey City, NJ

How long does it take to sell a home in Jersey City, NJ?

Average Listing Age

Apr 2023Apr 2024CHANGE
154 Days64 Days-58.5%

Summary: Homes in Jersey City had an average listing age of 64 days in Apr 2024, down by 58.5% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Jersey City, NJ

Nearby Markets to Jersey City, NJ

What housing markets are near Jersey City, NJ?