2026 Market Report & Data · Data through July 2026 · Source: Redfin
$603K
Median Price
43
Days on Market
3.2
Months Supply
+4.8%
YoY Change
Balanced Market
Market Type
77
cities with 6+ months supply
241
cities with 3-6 months supply
320
cities with <3 months supply
Ranked by lowest median home price.
| City | Median Price | DOM |
|---|---|---|
| 1. Marlboro | $30K | 34d |
| 2. Heislerville | $65K | 20d |
| 3. Port Elizabeth | $80K | 67d |
| 4. Brainards | $99K | 11d |
| 5. Fort Dix | $101K | 65d |
| 6. Cedar Glen Lakes | $117K | 59d |
| 7. Cedar Glen West | $119K | 82d |
| 8. Cookstown | $120K | 14d |
| 9. New Gretna | $125K | 54d |
| 10. Port Murray | $125K | 114d |
Ranked by highest median home price.
| City | Median Price | DOM |
|---|---|---|
| 1. Allenhurst | $4.85M | 207d |
| 2. Stone Harbor | $4.66M | 62d |
| 3. Sea Girt | $4.55M | 16d |
| 4. Alpine | $4.50M | 258d |
| 5. Spring Lake | $3.56M | 28d |
| 6. Bay Head | $3.50M | 47d |
| 7. Mantoloking | $3.28M | 72d |
| 8. Avalon | $3.16M | 72d |
| 9. Harvey Cedars | $3.09M | 35d |
| 10. Rockleigh | $2.83M | 66d |
77 cities have more than 6 months of inventory — buyers can negotiate.
| City | Months Supply | Median Price | DOM |
|---|---|---|---|
| 1. Sewaren | 41.5 mo | $340K | 46d |
| 2. Port Republic | 31.9 mo | $560K | 155d |
| 3. Deal | 25.6 mo | $2.40M | 116d |
| 4. Menlo Park Terrace | 19.2 mo | $725K | 34d |
| 5. Rockleigh | 19.2 mo | $2.83M | 66d |
| 6. Franklinville | 17.6 mo | $405K | 141d |
| 7. Alpine | 16.0 mo | $4.50M | 258d |
| 8. Andover | 16.0 mo | $310K | 10d |
| 9. Elmer | 16.0 mo | $200K | 59d |
| 10. Oceanville | 16.0 mo | $360K | 69d |
320 cities have less than 3 months of inventory — sellers have the advantage.
| City | Months Supply | Median Price | DOM |
|---|---|---|---|
| 1. Landing | 0.3 mo | $555K | 21d |
| 2. Millington | 0.3 mo | $917K | 12d |
| 3. Beattystown | 0.4 mo | $558K | 14d |
| 4. Kingston Estates | 0.4 mo | $477K | 24d |
| 5. Glen Ridge | 0.5 mo | $1.36M | 14d |
| 6. Glendora | 0.5 mo | $375K | 42d |
| 7. Kenvil | 0.5 mo | $635K | 38d |
| 8. Oak Valley | 0.5 mo | $350K | 33d |
| 9. Pine Brook | 0.5 mo | $935K | 17d |
| 10. Stirling | 0.5 mo | $802K | 15d |
Cities where homes sell fastest, ranked by lowest median days on market.
| City | Days on Market | Median Price |
|---|---|---|
| 1. Dutch Neck | 2d | $150K |
| 2. Money Island | 3d | $225K |
| 3. Branchville | 7d | $533K |
| 4. Brookside | 7d | $1.52M |
| 5. East Rocky Hill | 7d | $326K |
| 6. Johnsonburg | 7d | $930K |
| 7. Brass Castle | 8d | $540K |
| 8. Long Valley | 8d | $850K |
| 9. Rainbow Lakes | 8d | $832K |
| 10. Crandon Lakes | 9d | $455K |
Cities with the largest year-over-year price gains. Appreciation can signal momentum, but also affordability pressure.
| City | YoY Change | Median Price |
|---|---|---|
| 1. North Wildwood | +86.1% | $810K |
| 2. Woodbine | +80.7% | $352K |
| 3. Cape May | +80.6% | $1.69M |
| 4. Spring Lake | +69.6% | $3.56M |
| 5. Beach Haven | +69.1% | $1.65M |
| 6. Long Valley | +62.2% | $850K |
| 7. Demarest | +60.6% | $2.70M |
| 8. Glen Gardner | +60.3% | $385K |
| 9. Ridgewood | +54.9% | $1.70M |
| 10. Plainsboro Center | +53.1% | $953K |
Cities with year-over-year price declines. These can be buying opportunities — or signals of softening demand.
| City | YoY Change | Median Price |
|---|---|---|
| 1. Atlantic Highlands | -49.7% | $705K |
| 2. Pines Lake | -41.3% | $782K |
| 3. Allendale | -35.3% | $906K |
| 4. Great Notch | -30.5% | $410K |
| 5. Franklin Center | -28.2% | $485K |
| 6. Bradley Beach | -26.4% | $972K |
| 7. Wildwood Crest | -25.3% | $650K |
| 8. Groveville | -25.1% | $405K |
| 9. Belle Mead | -23.7% | $1.03M |
| 10. Lake Hopatcong | -23.6% | $575K |
The New Jersey housing market currently shows balanced market conditions, with a median sale price of $603K and 3.2 months of inventory supply. Homes in New Jersey typically sell in 43 days.
Whether you're buying or selling in New Jersey, working with a local real estate agent who understands these market dynamics can help you achieve the best outcome. Our network of verified agents across New Jersey provides expert guidance tailored to your specific city and neighborhood.
New Jersey is currently classified as a balanced market based on months of supply data. The market is relatively balanced, offering fair conditions for both buyers and sellers. Market conditions vary by city, so check local data for your specific area.
The median home price in New Jersey is approximately $603K as of July 2026. Prices range significantly across the state, with Allenhurst among the most expensive areas and Marlboro offering more affordable options. Work with a local real estate agent for the most current pricing in your target neighborhoods.
Selling timelines in New Jersey vary by city and market conditions. The fastest-selling markets include Dutch Neck with a median of 2 days on market. Factors like pricing strategy, home condition, location, and seasonality all affect how quickly a home sells. A skilled listing agent can help price and market your home for a faster sale.
Whether to buy in New Jersey depends on your personal finances, timeline, and target market. Balanced conditions offer a fair environment for well-prepared buyers. Consider factors like mortgage rates, your job stability, how long you plan to stay, and local price trends. Consult with a local real estate agent who can advise on specific neighborhoods.
Start by researching agents with proven experience in your target New Jersey market. Look for agents with strong local transaction history, positive client reviews, and expertise in your price range. Interview at least 2-3 agents before choosing. Ask about their recent sales, marketing strategy, and communication style. Our directory features verified agents across New Jersey to help you find the right match.
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