The Jill Biggs Group · Jersey City, New Jersey
Jersey City Real Estate Market Report · September 2026
What happened in the Jersey City real estate market in September 2026?
Jersey City’s median home sold price reached $801,000 in September 2026, a new quarterly high. 103 homes closed in a median of 23 days, and 51% sold at or above asking price. Inventory rose to about 8.5 months of supply, tilting the citywide market toward buyers.
September 2026 Snapshot
Jersey City Housing Market Statistics: September 2026
Citywide, prices pushed to a new high for the quarter and more than half of sales closed at or above asking, yet the month also brought fewer closings and a deeper pool of listings, nudging the overall market toward buyers on supply even as it firmed on price.
The takeaway: September was a split picture. The median sold price climbed to a quarter high of $801,000, the list-to-sale ratio returned to a full 100%, and 51% of sales closed at or above asking, all firmer than August. At the same time, closings fell to 103 from 141 and active inventory kept building, so the market gained ground on price while easing toward buyers on supply. Homes still sold in a median of 23 days, close to full asking on average.
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- A split picture: firmer prices, deeper supply
- 51% sold at or above asking price
- Avg. list-to-sale ratio: 100.0%
- About 8.5 months of active supply
- September 2026: $801,000
- August 2026: $788,000 · July 2026: $785,000
- Median $/sqft: $668
- Highest median of the quarter
- 878 active listings citywide
- Median asking price: $769,000
- Supply: ~8.5 months (toward buyers)
- 588 of 878 listings are condos or co-ops
- 103 closings across six neighborhoods
- The Heights led with 34 closings
- Heights most competitive at 74% over asking
- The Jill Biggs Group closed 10 of them
The Trend
Jersey City Home Price Trends (July to September 2026)
Median price stepped up steadily through the summer, from $785,000 in July to $788,000 in August and a new high of $801,000 in September, holding its gains rather than giving them back. Days on market drifted up to 23 as the mix of homes selling leaned a little higher-end and buyers moved with less urgency. Together that points to a market that is still firmly priced but normalizing toward balance, even with national mortgage rates still hovering in the mid-6% range.
Prices firmed, with a new quarterly high of $801,000 and 51% of homes selling at or above asking, while supply moved the other way: closings fell from 141 to 103 as listings rose to 878, about 8.5 months of supply.
Micro-Markets
Jersey City Home Prices by Neighborhood
Jersey City is a collection of micro-markets, and September showed how differently each one moves. The Heights and Downtown again did most of the heavy lifting on volume, together accounting for roughly two-thirds of the month’s closings.
Neighborhood Breakdown
Six Submarkets, Six Different Stories
Jersey City’s neighborhoods each told a different story in September, ordered here by number of closings:
Featured Sales
Recent Jill Biggs Group Home Sales in Jersey City
The Jill Biggs Group closed 10 Jersey City home sales in September, roughly one in ten of the city’s 103 closings, representing clients on both sides of the market. A few of the month’s highlights:
Active Inventory
Homes for Sale in Jersey City Right Now
As of the end of September, 878 homes were active on the market across Jersey City, with a median list price of $769,000, just below September’s median sold price, a sign that sellers are pricing close to where the market is closing. At the current pace of sales, that’s roughly 8.5 months of supply, up from about 5.8 in August and past the balanced line into more buyer-friendly territory, the product of fewer closings against a still-growing pool of listings.
Condominiums and co-ops dominate the for-sale market, making up 588 of the 878 active listings, with multi-family and single-family homes rounding out the options for investors and owner-occupants. By size, the notable shift this month is at the top: three-bedroom listings (221) now narrowly outnumber two-bedroom ones (216) for the first time in the quarter. Downtown and the Heights again hold the most active inventory (275 and 226 listings), mirroring their standing as the city’s busiest submarkets.
Thinking About Buying or Selling in Jersey City?
Every Jersey City neighborhood moves a little differently, whether you’re curious about Downtown condos, Heights two-families, or a multi-family in West Bergen. We’re here to help.
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