Is Bayonne, NJ 07002 a buyer’s or seller’s market?
Bayonne is a seller’s market. With about 3 months of supply and 52% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
#55 of 92 ZIP codes in Bergen, Hudson & Passaic, NJ, and #372 of 531 across all the markets we track.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. How the heat score works
The Bayonne housing market right now
In the three months ending August 31, 2026, 52% of homes in Bayonne, NJ 07002 sold above their list price, the typical home went under contract in 29 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 112 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 39%, homes sold faster (36 days then) and the median sale price rose 1% to $659,715. Overall, Bayonne is more competitive than a year ago, so tougher for buyers.
Within Hudson County, homes here sell faster than in 93% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Bayonne ranks #204 of 444 NJ ZIP codes with enough sales (score 79 out of 100).
Nearby, buyers who want less competition could look at Jersey City 07310 (21% sold over asking) or Jersey City 07306 (23% sold over asking).
Run the numbers for 07002
Nearby markets
Harrison 07029Seller’s market $340 /sq ftHoboken 07030Seller’s market $974 /sq ftJersey City 07302Seller’s market $888 /sq ftJersey City 07304Buyer’s market $429 /sq ft Browse all markets →Towns like Bayonne nearby
Find towns like Bayonne in other states →Where Bayonne is
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Questions about Bayonne real estate
Is Bayonne a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in Bayonne, NJ 07002 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Bayonne?
The typical home went under contract in 29 days in the latest three months.
Do homes in Bayonne sell over asking?
52% of homes sold above their original list price, and the typical sale closed at 101.4% of the list price.
What are property taxes in Bayonne?
About 1.99% of a home’s value a year in Bayonne City, Hudson County, or roughly $7,948 on a $400,000 home.
What is the median home price in Bayonne?
The median sale price was $659,715 in the three months ending August 31, 2026, about $354 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology