New Jersey Home Values & Market Trends
There have been 88,471 properties sold in the New Jersey real estate market trends. Median home values in the New Jersey housing market are $535,867. The median residential home value for transactions over the last 12 months is 490,208. The State of New Jersey currently has 23,657 properties in foreclosure, 240 bank owned properties, and 1,895 headed for auction.
New Jersey Real Estate Market Overview
| County | Median Est. Value | County | Median Est. Value |
|---|---|---|---|
| Ocean | $ 538,213 $ 324/sqft | Somerset | $ 666,353 $ 366/sqft |
| Monmouth | $ 778,033 $ 402/sqft | Cape May | $ 733,196 $ 553/sqft |
| Middlesex | $ 578,627 $ 371/sqft | Sussex | $ 457,450 $ 287/sqft |
| Burlington | $ 407,470 $ 250/sqft | Cumberland | $ 284,106 $ 201/sqft |
| Camden | $ 362,599 $ 232/sqft | Hunterdon | $ 643,900 $ 299/sqft |
| Essex | $ 691,598 $ 392/sqft | Hudson | $ 651,953 $ 452/sqft |
| Mercer | $ 448,915 $ 288/sqft | Warren | $ 425,000 $ 253/sqft |
| Gloucester | $ 379,420 $ 228/sqft | Salem | $ 275,781 $ 193/sqft |
| Atlantic | $ 417,066 $ 255/sqft | Bergen | $ 731,840 $ 446/sqft |
| Morris | $ 733,963 $ 369/sqft | Passaic | $ 719,657 $ 378/sqft |
| Union | $ 665,069 $ 428/sqft |
Housing Market Summary for New Jersey
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $537K | $521K | -2.98% |
| Median Sold Price | $552.4K | $533.7K | -3.38% |
| Homes For Sale | 71,255 | 94,109 | 32.07% |
| Homes Sold | 44,491 | 26,793 | -39.78% |
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 95,237 properties for sale in New Jersey. The current home value ranges in price from 2,200 to 20,000,000. The total count of properties in the state is 169,405, and the percentage of properties for sale is 95237.00%.
- Pre-ForeclosurePre-foreclosure homes account for 12.70% of all residential properties in New Jersey with Camden containing 2339 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 21 counties within New Jersey; of those counties, the estimated home value for pre-foreclosure homes ranges from $2,214,841 in Hudson to the lowest home value of $17,313 in Camden.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in New Jersey ranges from the highest value of $1,308,625 in Bergen to the lowest value of $71,063 in Atlantic. Bank owned homes and properties account for 0.14% of properties in New Jersey. There are 21 counties within New Jersey; Essex containing 31 REO properties, has the highest number of bank owned properties in a single county.
- AuctionsCamden has 282 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 1.12% of all properties in New Jersey. There are 21 counties within New Jersey; of those counties, the median estimated home value for homes going to auction ranges from $897,724 in Hudson to the lowest value of $70,059 in Hudson.
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Guide for New Jersey
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
