Is Jersey City, NJ 07310 a buyer’s or seller’s market?
Jersey City is a buyer’s market. With about 9.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 26% of U.S. ZIP codes, and #416 of 429 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown
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
The Jersey City housing market right now
In the three months ending August 31, 2026, 21% of homes in Jersey City, NJ 07310 sold above their list price, the typical home went under contract in 32 days and there were 9.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 14 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 17%, homes sold faster (84 days then) and the median sale price rose 14% to $882,118. Overall, Jersey City is more competitive than a year ago, so tougher for buyers.
Within Hudson County, homes here sell faster than in 86% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Bayonne 07002 (52% sold over asking) and Hoboken 07030 (52% sold over asking) are even more competitive.
Run the numbers for 07310
Nearby markets
Bayonne 07002Seller’s market $354 /sq ftHarrison 07029Seller’s market $340 /sq ftHoboken 07030Seller’s market $974 /sq ftJersey City 07302Seller’s market $888 /sq ft Browse all markets →Towns like Jersey City nearby
Find towns like Jersey City in other states →Where Jersey City is
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Questions about Jersey City real estate
Is Jersey City a buyer’s or seller’s market?
A buyer’s market: there were 9.4 months of supply in Jersey City, NJ 07310 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 Jersey City?
The typical home went under contract in 32 days in the latest three months.
Do homes in Jersey City sell over asking?
21% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.
What are property taxes in Jersey City?
About 1.85% of a home’s value a year in Jersey City City, Hudson County, or roughly $7,388 on a $400,000 home.
What is the median home price in Jersey City?
The median sale price was $882,118 in the three months ending August 31, 2026, about $695 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