Housing Prices in Jersey City, NJ
How much do homes in Jersey City, NJ cost?
Median List Price
$649,000
$548/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Summary: The median home list price in Jersey City was $649,000 in May 2024, up 31.9% from the previous year, and the median price per square foot was $548.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $299K | $425K | +42.1% |
2 Bedrooms | $436.9K | $499K | +14.2% |
3 Bedrooms | $597K | $799K | +33.8% |
4 Bedrooms | $517K | $787K | +52.2% |
5+ Bedrooms | $599K | $849.4K | +41.8% |
Summary: Jersey City housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.1%, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 33.8%, 4 bedroom homes increased by 52.2%, and 5+ bedroom homes increased by 41.8%.
Housing Supply in Jersey City, NJ
How many homes are available in Jersey City, NJ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
97 | 153 | +57.7% |
Summary: The Jersey City real estate market had 153 homes for sale in May 2024, a 57.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 17 | 24 | +41.2% |
2 Bedrooms | 22 | 33 | +50.0% |
3 Bedrooms | 24 | 30 | +25.0% |
4 Bedrooms | 9 | 19 | +111.1% |
5+ Bedrooms | 25 | 47 | +88.0% |
Summary: The Jersey City housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 41.2%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 111.1%, and 5+ bedroom homes increased by 88%.
Days on Market for Jersey City, NJ
How long does it take to sell a home in Jersey City, NJ?
Average Listing Age
May 2023 | May 2024 | CHANGE |
---|---|---|
138 Days | 62 Days | -55.0% |
Summary: Homes in Jersey City had an average listing age of 62 days in May 2024, down by 55% compared to the previous year.