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      • Looking back three years at the median price in October 2019 compared to October 2022, prices have increased 37.2% in New Jersey VS 35.8% nationwide. As of October 2022, the median price for a home in the state was $443,000, which is up 7.9% above last year’s median price.
      realadvisor.com/housing-market-new-jersey/
  1. Home prices in New-Jersey were up 8.8% year-over-year in October. At the same time, the number of homes sold rose 1.0% and the number of homes for sale rose 7.3%. New-Jersey Housing Market Overview. What is the housing market like right now?

  2. Aug 27, 2024 · Graph and download economic data for All-Transactions House Price Index for New Jersey (NJSTHPI) from Q1 1975 to Q2 2024 about NJ, appraisers, HPI, housing, price index, indexes, price, and USA.

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  3. The average New Jersey home value is $534,773, up 8.4% over the past year and goes to pending in around 20 days.

  4. Feb 9, 2023 · The national median price for a single-family existing home rose 4% in the fourth quarter of 2022, reaching $378,700. That’s a much slower pace than the 8.6% increase in the previous quarter.

    • What’s The New Jersey Housing Market like?
    • How Does The New Jersey Housing Market Compare to The National Housing Market?
    • New Jersey Metro Areas with The Hottest Housing Markets
    • Higher Mortgage Rates Could Slow Price Growth in New Jersey
    • New Jersey Historic Price Changes & Affordability

    Home prices in New Jersey have appreciated 61.2% higher than the national level. Looking back three years at the median price in October 2019 compared to October 2022, prices have increased 37.2% in New Jersey VS 35.8% nationwide. As of October 2022, the median price for a home in the state was $443,000, which is up 7.9% above last year’s median pr...

    The New Jersey housing market is similar to other markets because supply and demand drive housing prices. Mortgage rates also impact New Jersey in a similar way as the rest of the nation. New Jersey’s home prices and sales numbers have begun to slow down along with the rest of the country. Differences in the regional economy of some of New Jersey’s...

    The state of New Jersey has seen moderate growth in housing demand in recent years. Consequently, prices have gone up at a good pace. There are some areas within the state that have outperformed others, though. We will look at the cities with the highest increase in the median price year over year. The top markets with the highest appreciation rate...

    How will interest rates affect the New Jersey housing market? We are already experiencing the impact of rising interest rates across the nation. Price growth in New Jersey has been flattening or on a slight decline for several months in 2022. However, New Jersey is a popular destination that may fare better than many other areas of the country. As ...

    The New Jersey housing market has seen moderate appreciation for years. The last 3 years have been favorable to homeowners as they saw their homes appreciate by 37.2% in 36 months. The steep rise in home prices and mortgage rates has shrunk affordability to record lows in the state. A 37.2% spike in home prices and a sharp increase in mortgage rate...

  5. Jun 30, 2023 · New Jersey House Price All-Transactions Index is at a current level of 864.88, up from 836.48 last quarter and up from 785.35 one year ago. This is a change of 3.40% from last quarter and 10.13% from one year ago.

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  7. Jan 31, 2023 · The price of a single family home in New Jersey rose in 2022 but gains were single-digit after two years of double-digit growth, according to data from New Jersey Realtors.