New Jersey
Local Housing Market · Zillow ZHVI · September 2026
$575,123
Typical Home Value
▲ 4.0% YoY ▲ 0.26% MoM
7.40%
30Y Mortgage Rate
PMMS · Oct 15, 2026
121bps
YoY Rate Change
▲ Higher than 1yr ago
230bps
30Y/10Y Spread
Norm ~170bps
🏘 New Jersey Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$575,123
▲ 4.0% YoY
Month-over-Month
▲ 0.26% MoM
September 2026
Data Period
September 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
7.40%
PMMS · Oct 15, 2026
15Y Fixed
6.71%
PMMS · Oct 15, 2026
1yr Ago 30Y
6.19%
▲ Rates higher now
30Y/10Y Spread
230bps
Normal · norm ~170bps
Freddie Mac PMMS via FRED · National rates · State-specific rates may vary slightly
📋 Realtor.com Market Data · New Jersey
Market Indicators
REALTOR.COM🏦 LO Market Signal · September 2026
• Inventory is up 17.5% YoY and listing prices are flat 0.4% YoY with 13.0% of listings carrying a price cut. Pricing is stable — comps should be reliable.
• Homes are selling in a median 45 days — a moderate-paced market. Pending ratio is 0.53 — strong buyer demand, expect competitive purchase timelines.
• New listings are roughly flat 2.0% YoY. Seller activity is stable.
Median Listing Price
$559,500
▲ 0.4% YoY
Median Days on Market
45d
0d YoY
Active Listings
21,036
▲ 17.5% YoY
New Listings
9,414
▲ 2.0% YoY
Price Reduced Share
13.0%
of active listings
Pending Ratio
0.53
pending ÷ active
Realtor.com Research · State-level inventory data · Updated monthly
Hottest Markets in New Jersey
REALTOR.COMTop metros by national hotness rank (supply + demand composite) · September 2026
Trenton-Princeton
▼ COOLING
National rank #70
Median Price
$450,000
Median DOM
42d
Demand score 60/100
Atlantic City-Hammonton
▼ COOLING
National rank #109
Median Price
$545,000
Median DOM
61d
Demand score 89/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply