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    • New Jersey Housing Market Guide (2024) - PropertyClub
      • 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.
      propertyclub.nyc/article/new-jersey-housing-market
  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%.

  2. Aug 1, 2023 · Good news for homeowners in New Jerseyhome-price growth in the Garden State in June was the highest in the nation, according to real-estate data company CoreLogic.

    • Aarthi Swaminathan
  3. Oct 30, 2024 · Closed Sales: Market Activity Slows Across the Board. Single-family homes: 4,739 units sold, a 6.5% decline from September 2023. Townhouse-Condo sales: 1,675 units closed, a 4.5% drop year-over-year. Adult communities: Sales declined the most, down 14.6%, with only 542 transactions.

  4. May 12, 2023 · In March 2023, the median home price in New Jersey was $660,000, according to Redfin data, marking a 2.2% decrease year over year. On a national level, the median home price in March 2023 was...

  5. Jan 20, 2024 · New Jersey experienced the fourth-highest percentage increase in home prices across the nation over the last year, at 7.43%, according to a recent study by the New Jersey Real Estate...

  6. Oct 21, 2024 · Rising home prices: The consistent year-over-year increase in median sales prices across all property types contributes to affordability challenges. Interest rates: While interest rates are currently lower than historical highs, their recent fluctuations can impact mortgage affordability.

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  8. Jun 2, 2023 · Home prices in New Jersey were up 4.2% year-over-year in April. In April 2023, 50% of homes in New Jersey sold below list price, down 12 points compared to last year.

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