Housing Prices in Downtown Jersey City, NJ

How much do homes in Downtown Jersey City, NJ cost?

Median List Price

$687,000

$708/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

+$62,000(+9.9%)

Key Takeaway

The list price of homes in Downtown Jersey City has increased by 9.9% since September.

Summary: The median home list price in Downtown Jersey City was $687,000 in October 2024, up 9.9% from the previous month, and the median price per square foot was $708.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $495K$495K
0.0%
2 $695K$710K
+2.2%
3 $849K$999.5K
+17.7%
4 $2.1M$2.7M
+32.7%
5+ $2.7M$2.7M
0.0%

Summary: Downtown Jersey City housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 17.7%, 4 bedroom homes increased by 32.7%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Neighborhoods

Downtown Jersey City
+9.9%
Harsimus
0.0%
Van Vorst Park
0.0%
Hamilton Park
0.0%

Housing Supply in Downtown Jersey City, NJ

How many homes are available in Downtown Jersey City, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1521+40.0%

Summary: The Downtown Jersey City real estate market had 21 homes for sale in October 2024, a 40.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 78
+14.3%
2 58
+60.0%
3 12
+100.0%
4 12
+100.0%
5+ 11
0.0%

Summary: The Downtown Jersey City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Downtown Jersey City, NJ

How long does it take to sell a home in Downtown Jersey City, NJ?

Average Listing Age

Sep 2024Oct 2024CHANGE
80 Days78 Days-1.4%

Summary: Homes in Downtown Jersey City had an average listing age of 78 days in Oct 2024, down by 1.4% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Downtown Jersey City, NJ

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