Market Data by County

Data From: 02/23/26 - 03/22/26

NJ County	New Listings	Median Sale Price	*DOM/Days vs. Last WeekD
BERGEN	177 (-5%)	$725k (-3%)	85 / -7
ESSEX	140 (-7%)	$700k (8%)	50 / -2
PASSAIC	75 (-5%)	$607k (12%)	61 / -5
MORRIS	105 (-6%)	$628k (1%)	30 / -1
HUDSON	141 (-10%)	$720k (13%)	56 / -5

ABOVE IS THE MOST RECENT Year-Over-Year DATA FROM REDFIN | *DOM = Days on Market

More Homes and Strong Prices: What This Means For You in Today's Market

All Northern NJ counties are seeing more homes hit the market, when compared to the last few weeks. That is going to create opportunity as buyers will be given better options and a chance to find more frequently find suitable homes to tour.

My advice to buyers is to widen your search price range more while the market is still adjusting. Increase your top dollar price by at minimum $100,000 and look $200,000 below what you normally have been. This is because some sellers are listing their homes at extreme high and low ranges compared to their market value, because they know competition is tight. The consequence to not doing this is missing out on homes that would otherwise fit what you're looking for.

For sellers, prices are continuing to go up so there is no reason to ask for anything beyond what your local market tells. Demand has not gone anywhere, and overall inventory is still well below a typical towns normal level. The people searching in today's market are highly qualified and have the money.

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Comparing the U.S. Market to NJ

(year-over-year)

U.S. vs NJ	# of Homes For Sale	Median Sale Price
U.S.	1,726,907 (-0.04%)	$429,18 (0.9%)
New Jersey	23,541 (1.2%)	$539,800 (3.8%)

Note: When the news reports on the real estate market, they’re referring to national data. New Jersey is very different from the rest of the country.

Today's Mortgage Rates : Daily Index

View today's current mortgage rates with our national average index, calculated daily to bring you the most accurate data when purchasing or refinancing your home. Follow our daily market analysis with Mortgage Rate Watch and we'll tell you where and why rates are moving.

Northern NJ Homes For Sale by County

Bergen County	Essex County	Passaic County
Morris County	Hudson County	Union County

Mortgage rates surge to 7-month high as buyer confidence 'shaken': Mortgage and refinance interest rates today

Mortgage rates climb further above 6% this week as a resolution to the war with Iran remains elusive. The 30-year loan is at its highest point since early September.