2026 Market Report & Data · Data through September 2026 · Source: Redfin
$558K
Median Price
44
Days on Market
3.5
Months Supply
+2.2%
YoY Change
Balanced Market
Market Type
92
cities with 6+ months supply
251
cities with 3-6 months supply
296
cities with <3 months supply
Ranked by lowest median home price.
| City | Median Price | DOM |
|---|---|---|
| 1. Heislerville | $65K | 20d |
| 2. Cedar Glen West | $95K | 91d |
| 3. Fort Dix | $101K | 65d |
| 4. Leesburg | $110K | 85d |
| 5. Belleplain | $120K | 16d |
| 6. New Gretna | $125K | 54d |
| 7. Port Murray | $125K | 114d |
| 8. Crestwood Village | $130K | 57d |
| 9. Cedar Glen Lakes | $133K | 74d |
| 10. Cedarville | $135K | 436d |
Ranked by highest median home price.
| City | Median Price | DOM |
|---|---|---|
| 1. Allenhurst | $4.85M | 207d |
| 2. Sea Girt | $4.25M | 16d |
| 3. Bay Head | $4.00M | 21d |
| 4. New Vernon | $3.77M | 143d |
| 5. Alpine | $3.75M | 226d |
| 6. Stone Harbor | $3.70M | 44d |
| 7. Avalon | $3.37M | 46d |
| 8. Rumson | $3.14M | 17d |
| 9. Mantoloking | $2.97M | 100d |
| 10. Rockleigh | $2.83M | 66d |
92 cities have more than 6 months of inventory — buyers can negotiate.
| City | Months Supply | Median Price | DOM |
|---|---|---|---|
| 1. Alpine | 77.1 mo | $3.75M | 226d |
| 2. Kingston | 19.3 mo | $695K | 20d |
| 3. Mount Royal | 19.3 mo | $338K | 12d |
| 4. Seabrook Farms | 19.3 mo | $160K | 21d |
| 5. Hightstown | 17.4 mo | $520K | 31d |
| 6. Allenwood | 16.1 mo | $830K | 4d |
| 7. Oceanville | 16.1 mo | $375K | 58d |
| 8. Strathmere | 16.1 mo | $1.92M | 83d |
| 9. Rockleigh | 15.3 mo | $2.83M | 66d |
| 10. Loch Arbour | 15.0 mo | $850K | 19d |
296 cities have less than 3 months of inventory — sellers have the advantage.
| City | Months Supply | Median Price | DOM |
|---|---|---|---|
| 1. Navesink | 0.3 mo | $1.25M | 23d |
| 2. Lebanon | 0.4 mo | $439K | 15d |
| 3. Pine Brook | 0.4 mo | $956K | 13d |
| 4. Crandon Lakes | 0.5 mo | $445K | 67d |
| 5. Folsom | 0.5 mo | $330K | 43d |
| 6. Pedricktown | 0.5 mo | $340K | 13d |
| 7. Stirling | 0.5 mo | $680K | 18d |
| 8. Mount Tabor | 0.6 mo | $465K | 19d |
| 9. Andover | 0.8 mo | $375K | 72d |
| 10. Auburn | 0.8 mo | $592K | 56d |
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. Allenwood | 4d | $830K |
| 4. Branchville | 7d | $533K |
| 5. Cranford | 7d | $890K |
| 6. East Rocky Hill | 7d | $317K |
| 7. Johnsonburg | 7d | $930K |
| 8. Crosswicks | 10d | $395K |
| 9. Newport | 10d | $185K |
| 10. Blawenburg | 11d | $1.08M |
Cities with the largest year-over-year price gains. Appreciation can signal momentum, but also affordability pressure.
| City | YoY Change | Median Price |
|---|---|---|
| 1. West New York | +65.3% | $694K |
| 2. Dover Beaches South | +64.6% | $1.35M |
| 3. Robbinsville Center | +61.6% | $570K |
| 4. Lambertville | +50.8% | $796K |
| 5. Milford | +50.8% | $430K |
| 6. Lyons | +49.0% | $1.27M |
| 7. Cape May Point | +49.0% | $2.01M |
| 8. Great Notch | +47.3% | $906K |
| 9. Smithville | +46.4% | $315K |
| 10. Mount Hope | +46.0% | $460K |
Cities with year-over-year price declines. These can be buying opportunities — or signals of softening demand.
| City | YoY Change | Median Price |
|---|---|---|
| 1. Middlebush | -45.0% | $550K |
| 2. Cedar Knolls | -29.8% | $825K |
| 3. Lakewood | -28.9% | $430K |
| 4. Towaco | -27.8% | $787K |
| 5. Cranbury | -25.7% | $910K |
| 6. Seaside Park | -25.7% | $900K |
| 7. High Bridge | -25.5% | $388K |
| 8. Macopin | -25.3% | $560K |
| 9. Penns Grove | -24.0% | $182K |
| 10. Pompton Plains | -22.7% | $592K |
The New Jersey housing market currently shows balanced market conditions, with a median sale price of $558K and 3.5 months of inventory supply. Homes in New Jersey typically sell in 44 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 $558K as of September 2026. Prices range significantly across the state, with Allenhurst among the most expensive areas and Heislerville 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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