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  1. The average home value in New Jersey is $534,773, up 8.4% over the past year. Learn more about the New Jersey housing market and real estate trends.

  2. New-Jersey Housing Market Overview. What is the housing market like right now? In October 2024, home prices in New-Jersey were up 8.8% compared to last year, selling for a median price of $533,700.

    • 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...

  3. 2 days ago · Zillow has 19261 homes for sale in New Jersey. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place.

  4. Begin with your Zestimate, a useful starting point to help you determine an independent and unbiased assessment of what your home might be worth in today’s market. Try comparing your home to recently sold properties in the area to better understand its current value or estimate a possible sale price for your home.

  5. Know before you buy in New Jersey! Use our patented search to check NJ home appreciation rates, average house values, rental prices, the current housing market forecast, historical real estate trends and more.

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  7. Jul 23, 2024 · The median home price across the state is approximately $496,300, reflecting a modest 5.3% year-over-year appreciation. This increase is driven by factors such as limited housing inventory, high demand in desirable areas, and a robust economy. Typically, the closer you are to New York, Philadelphia, or the shore, the higher the prices will be.

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