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
Key Takeaway
The list price of homes in Jersey City has increased by 31.9% since last year.
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.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.