Is Jersey City, NJ 07303 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Jersey City is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Not ranked this month. Fewer than 15 sales in the 3-month window, so the numbers can swing too much to compare fairly. How the heat score works

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.2%Sold price ÷ list price
Median days on market56Listing to accepted offer
Median price per sq ft—

The Jersey City housing market right now

In the three months ending August 31, 2026, 0% of homes in Jersey City, NJ 07303 sold above their list price and the typical home went under contract in 56 days. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (97 days then) and the median sale price rose 29% to $998,568. Overall, Jersey City is more competitive than a year ago, so tougher for buyers.

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Where Jersey City is

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Questions about Jersey City real estate

How fast do homes sell in Jersey City?

The typical home went under contract in 56 days in the latest three months.

Do homes in Jersey City sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.2% of the list price.

What is the median home price in Jersey City?

The median sale price was $998,568 in the three months ending August 31, 2026.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology