The Jill Biggs Group · Hoboken, New Jersey
Hoboken Real Estate Market Report · August 2026
What happened in Hoboken this August?
The median home sold price was $990,000, with homes selling in a median of 11 days and 71% closing at or above asking price. Prices firmed up from July and buyers stayed active, making August another fast, competitive month in one of Hudson County’s tightest markets. New to the area? Get to know the neighborhood on our Hoboken Community page.
- Firmly a seller’s market
- 71% sold at or above asking price
- Avg. list-to-sale ratio: 101.6%
- About 2.3 months of active supply
- August 2026: $990,000
- July 2026: $955,000 · June 2026: $1,115,000
- Median $/sqft: $922
- Up 3.7% from July’s median
- 124 active listings at month end
- Median asking price: $899,000
- Supply: ~2.3 months (seller’s territory)
- 2BR condos lead at 51 listings
- 55 closings in August
- 50 of 55 were condos
- The Jill Biggs Group closed 7 of them
- Top JBG sale: 38 Jackson St #516 at $2.19M
August 2026 Snapshot
The Numbers at a Glance
Hoboken homes are still selling fast, a median of 11 days on market, and, on average, for slightly more than asking. With 71% of closings landing at or above list, August remained a strong, active, seller-leaning market by any measure. Prices firmed up from July while the share of over-asking sales held right in line with the summer’s pace.
The Trend
A Quarter in Motion
Prices moved within a familiar band this quarter, easing from June’s high before ticking back up to $990,000 in August, while the share of over-asking sales held remarkably steady between 70% and 74%. That consistency, competitive demand month after month, is the hallmark of a stable market rather than a volatile one, even with national mortgage rates still hovering in the mid-6% range.
Median price rose 3.7% from July to $990,000 while days on market stayed at 11 and the over-asking share held at 71%. Three months of over-asking sales between 70% and 74% is the signature of a stable, competitive market rather than a volatile one.
August’s Featured Sales
The Jill Biggs Group in Hoboken This Month
The Jill Biggs Group closed 7 Hoboken home sales in August, roughly one in eight of the city’s 55 closings, capping an active summer that included 14 closings in July. Five of the month’s highlights:
The Volume Engine
Condos Led the Way
Condominiums accounted for 50 of August’s 55 closings, with a handful of one-family homes rounding out the month. Hoboken’s bread and butter continues to be its condo market, and that concentration is exactly why the market moves as fast and prices as consistently as it does. It is also where competition is fiercest: with 71% of closings landing at or above asking, condo sellers who priced strategically continued to see multiple-offer scenarios.
Active Inventory
What’s Currently on the Market
As of the end of August, 124 homes were active on the market in Hoboken, with a median list price of $899,000, below August’s median sold price and reflecting a healthy mix of price points for buyers to choose from. At the current pace of sales, that is roughly 2.3 months of supply, still firmly favoring sellers but giving buyers a bit more breathing room than the spring did. Active inventory skews toward one- and two-bedroom condos, alongside a smaller stretch of commercial and investment listings reflecting turnover in Hoboken’s ground-floor space.
Thinking About Buying or Selling in Hoboken?
Whether you’re weighing a move this fall or just want to know what your home is worth in today’s market, we’re here to help.
The Jill Biggs Group · hardwired for hardwork.
