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$550,400
- The median home price in New Jersey as of June 2024 was $550,400, according to Redfin. However, as in any state, prices can range very widely depending on size, amenities and specific location.
www.bankrate.com/real-estate/cost-to-buy-a-house-in-new-jersey/How Much Does It Cost To Buy A House In New Jersey? - Bankrate
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.
Sep 22, 2021 · According to estimates from Zillow, a Seattle-based real estate data company, the value of a typical single-family home in New Jersey is $421,124, higher than the national average.
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.
2 days ago · Zillow has 19525 homes for sale in New Jersey. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place.
- 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...
Aug 8, 2024 · The median price for a home in New Jersey is $550,400, according to June data from Redfin. That’s well above the national June median of $426,900. But the price of homes in New Jersey vary...
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May 17, 2024 · The average home buyer in New Jersey spends between $40,595 and $146,230 when purchasing a $535,982 home — the state median value. Keep in mind, this is just the cost of buying a home. After you close, you'll still need to budget for all the ongoing costs of homeownership. Luckily, Clever Real Estate can help make buying a home more affordable.
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