Market Data by County

Data From: 12/01/25 - 12/28/25

NJ County	New Listings	Median Sale Price	*DOM/Days ChangedD
BERGEN	80 (8%)	$768k (7%)	80 / +5
ESSEX	69 (2%)	$661k (6%)	61 / +5
PASSAIC	40 (0%)	$598k (7%)	71 / +3
MORRIS	43 (-7%)	$678k (7%)	32 / +4
HUDSON	66 (1%)	$727k (4%)	53 / -5

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

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2026 Market Expectations for NJ

Be cautious on what you read in the news and on real estate websites. A lot of what they are predicting is for most of the country, but would not include New Jersey. We are still struggling with low inventory and increased home prices.

Key trends to expect in 2026 for NJ:

More Inventory than 2025 (it was worse than 2024 in many cases)
Stable Mortgage Rates that should stick around 6.1% to 6.33%
A New Chair For The Federal Reserve Should Increase Interest Rate Cuts And The Size of The Cuts
Slower Price Growth (Prices will still rise but at a slower pace)

If Rates go below 6% I think that will be huge. It might happen if inflation can get below 2.5%.

Have a HAPPY, HEALTHY AND PROSPEROUS NEW YEAR!

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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.	1,906,036 (5.9%)	$433,214 (0.7%)
New Jersey	28,459 (7.8%)	$559,500 (4.0%)

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

Trump narrows Fed chair picks, January decision expected

Federal Reserve Chair Jerome Powell's term ends in May 2026, but President Trump plans to pick his replacement by January.

Things to Do This January 2026

Things to Do in New Jersey in January - 2026

Feeling the post-holiday letdown? We're turning things around with places to visit and fun things to do in New Jersey in January. The Garden State is your East Coast oasis for relaxation, rejuvenation and recreation, filled with ways to enjoy winter with friends, family, as a couple and more. Let's go!

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New Jersey Real Estate Commission (NJREC)

North Central Jersey Association of Realtors (NCJAR)

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