The Jill Biggs Group · Jersey City, New Jersey
Jersey City Real Estate Market Report · July 2026
What happened in Jersey City this July?
The median home sold price stepped up to $785,000, with homes selling in a median of 17 days and 52% closing at or above asking. The market firmed up as summer hit its stride, led by strength Downtown and in The Heights. New to the area? Get to know the city on our Jersey City Community page.
- Competitive on speed, balanced on supply
- 52% sold at or above asking price
- Avg. list-to-sale ratio: 99.9%
- About 5.8 months of active supply
- July 2026: $785,000
- June 2026: $745,000 · May 2026: $747,500
- Downtown median: $960,000
- Journal Square median: $501,000
- 816 active listings as of July 31
- Median asking price: $749,000
- Supply: ~5.8 months (balanced)
- Downtown & The Heights lead on volume
- 141 closings in July citywide
- Median price per sq ft: $628
- The Jill Biggs Group: 20 JC closings
- Downtown & Heights: nearly 2 in 3 sales
July 2026 Snapshot
The Numbers at a Glance
Jersey City homes are selling in about 17 days and, on average, for essentially full asking price. Just over half of July’s closings landed at or above list, and the median price reached its highest point of the quarter. This is a market that’s active and gaining momentum, not cooling.
The Trend
A Quarter in Motion
Median price held steady through May and June before stepping up roughly $40,000 in July, while days on market held at a brisk 17 for the second month running. Together that points to strengthening demand heading deeper into summer, rather than the seasonal slowdown some buyers hope for. Notably, that momentum held up even with national mortgage rates still hovering around the mid-6% range.
Breakdown by Area
Six Neighborhoods, Six Different Stories
Jersey City is really a collection of micro-markets. Taken together, July was the strongest month of the quarter, but the pace and pricing varied widely block to block.
Our Numbers
The Jill Biggs Group in Jersey City This Month
The Jill Biggs Group closed 20 Jersey City home sales in July, roughly one in seven of the city’s 141 closings, and the pace has climbed all quarter: from 13 in May, to 17 in June, to 20 in July. A few of the month’s highlights:
The Jill Biggs Group’s Jersey City closings have climbed every month this quarter: 13 in May, 17 in June, 20 in July. Four of this month’s five highlighted sales were in The Heights, tracking the neighborhood’s own strong showing citywide.
Active Inventory
What’s Currently on the Market
As of the end of July, 816 homes were active on the market across Jersey City, with a median list price of $749,000, just below July’s $785,000 median sold price. That’s a sign sellers are pricing in step with where the market is actually closing. At the current pace of sales, that’s roughly 5.8 months of supply: a balanced reading that gives buyers meaningful selection even as well-priced homes continue to move in about two weeks. Condominiums dominate the for-sale market, with two-, three-, and four-family homes rounding out the options for investors and owner-occupants. Learn more about city services and neighborhood resources at the City of Jersey City.
Thinking About Buying or Selling in Jersey City?
Every Jersey City neighborhood moves a little differently, whether you’re curious about Downtown condos, Heights brownstones, or a multi-family in Journal Square. We’re here to help.
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