The Jill Biggs Group · Hoboken, New Jersey
Hoboken Real Estate Market Report · July 2026
What happened in Hoboken this July?
The median home sold price was $937,500, with homes selling in a median of about 10 days and 73% closing at or above asking price. Buyer demand stayed strong and competitive. The dip in the headline price reflects a heavier mix of one- and two-bedroom condos changing hands, not a cooling market. New to the area? Get to know the neighborhood on our Hoboken Community page.
- Firmly a seller’s market
- 73% sold at or above asking price
- Avg. list-to-sale ratio: 101.5%
- About 2.0 months of active supply
- July 2026: $937,500
- June 2026: $1,087,500 · May 2026: $999,000
- Median $/sqft: $943
- 56% of closings under $1M (up from 47%)
- 123 active listings as of report date
- Median asking price: $935,000
- Supply: ~2.0 months (seller’s territory)
- 2BR condos lead at 57 listings
- 82 closings in July · busiest of the quarter
- 80 of 82 were condos (98%)
- Top sale: 38 Jackson St PH2 at $4.75M
- Five closings exceeded $2.4M
July 2026 Snapshot
The Numbers at a Glance
Hoboken homes are still selling fast, a median of under 10 days, and, on average, for slightly more than asking. What changed in July is the mix: 56% of closings came in under $1M, up from 47% in June, as more one- and two-bedroom condos sold, pulling the median price down even as competition stayed intense.
The Trend
A Quarter in Motion
July’s median stepped back from June, but the underlying market held firm. Median price per square foot eased only modestly, from about $989 in June to $943 in July, roughly 5%, while the median sold price fell nearly 14%. That gap is the signature of a mix shift, not a value decline: more smaller, lower-priced condos closed in July, so the middle of the price distribution moved down even though per-foot pricing barely budged. Meanwhile, the share of homes selling at or above asking actually ticked up.
July’s Notable Sales
The Luxury End, Still Delivering
Even as volume concentrated in the entry and mid tiers, Hoboken’s marquee sales kept pace this month, led by a penthouse closing above $4.7M.
The Volume Engine
Condos Led the Way
Condominiums accounted for 80 of July’s 82 closings, 98% of the month’s activity, with a single one-family home and one multi-family sale rounding out the month. Hoboken’s bread and butter continues to be its condo market, and July’s volume concentrated squarely there. It’s also where competition is fiercest: with 73% of closings landing at or above asking, condo sellers who priced strategically continued to see multiple-offer scenarios.
56% of July’s closings came in under $1M, up from 47% in June, as more one- and two-bedroom condos changed hands. Median price per square foot barely moved (down about 5%), which is the tell: this is a shift in what sold, not a shift in what things are worth.
Active Inventory
What’s Currently on the Market
As of the report date, 123 residential homes were active in Hoboken, with a median list price of $935,000, right in line with July’s median sold price. At the current pace of sales, about 62 residential closings a month across the quarter, that’s roughly 2.0 months of supply, still firmly seller’s territory, well below the 4–6 months that signals a balanced market. The two-bedroom condo remains the most active and competitive segment in town.
Thinking About Buying or Selling in Hoboken?
Whether you’re weighing a move this summer 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.
