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New Jersey Housing Market Trends

Market Summary

Property Focus is a top real estate property search platform that provides in-depth property insights, transaction histories, and ownership data across the U.S. In the past 12 months, New Jersey saw 86,803 residential properties sold. As of June 2025, the median price for a single-family home is $489,000, with a median AVM value of $571,000 for properties sold in the last year.

There are 89,231 involuntary liens on 72,648 properties, 7,937 in pre-foreclosure, and 2,072,423 properties with more than 50% equity in New Jersey. The market also includes 1,023,226 fully paid-off homes, offering unique opportunities for buyers and investors.

Market Stats Overview

Total Residential Properties
2,629,797
Total Home Sales
86,803 12 mo. trend
Median Home Price
$489,000 12 mo. trend
Average Loan-to-Value
25.36%
Current Pre-foreclosures
7,937
% of Properties in Distress
0.3%
Total Involuntary Liens
89,231
% of High Equity Homes
78.81%

New Jersey Real Estate Markets

The cities and zip codes listed below represent the highest-value real estate markets in New Jersey based strictly on median home sale prices. Leading markets include Alpine ($3,612,000), Deal ($3,584,000), 07620 ($3,612,000), and 07723 ($3,584,000), which consistently rank among the state's highest value residential areas over the past 12 months. These locations showcase the top-tier property markets across New Jersey. Search other nearby counties to discover their top markets.

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