Housing in Jersey City, NJ

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$690,100

Median List Price

$674,999

Price Per Sq Ft

$537

Days on Market

65

Active Inventory

566

Months of Supply

4.2

Balanced market

Zillow Home Value

$654,778

ZHVI — January 2026

Zillow Rent Index

$3,077

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price ↓ 2.5%List Price ↓ 6.9%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

23.0%

Off Market in 2 Weeks

23.8%

Sale-to-List Ratio

98.8%

Buyer's market

Sold Above Asking
23.0%
Under Contract in 2 Wks
23.8%
Listings with Price Drops
10.4%

Market Activity

Source: Redfin

Homes Sold

135

New Listings

230

Pending Sales

126

Homes Sold ↓ 7.5%New Listings ↓ 3.8%Pending ↓ 38.2%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$537

Median List $/SF

$556

Sale $/SF ↓ 0.2%List $/SF ↑ 5.9%Mar 24 → Jan 26

Jersey City vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 250,000 - 500,000 residents. Jersey City is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$534,500

Median Rent

$1,902

Total Housing Units

132,636

Vacancy Rate

7.2%

Owner Occupied

28.8%

Renter Occupied

71.2%

Median Property Tax

$8,225

per year

Monthly Cost (w/ Mortgage)

$2,516

Housing Types

Single Family
14.8%
Multi-Family
85.2%
Mobile Home
0.1%

The current median sale price in Jersey City, NJ is $690,100 according to Redfin data. Homes spend a median of 65 days on the market. 23.0% of homes sold above asking price. The market has 4.2 months of supply. The median price per square foot is $537. Zillow's observed rent index is $3,077/month. About 28.8% of housing units are owner-occupied. The median year homes were built is 1970. There are 132,636 total housing units.