Markets › New Jersey
New Jersey housing market
In the Garden State, part of the Census Bureau's Middle Atlantic division, Pecan Street tracks three markets. Median sale prices run from $283K in Vineland to $485K in Trenton / Princeton over Jul–Sep 2026. All three are higher than a year earlier, led by Vineland (+3.6%).
Homes sit longest in Atlantic City (61 median days on market) and sell fastest in Vineland (50 days). The share of active listings with a price cut runs from 25% in Atlantic City to 36% in Vineland. Price-to-rent ratios run from about 10 in Vineland to 15 in Trenton / Princeton, measured as years of HUD Fair Market Rent per median sale price. Among the 385 U.S. metros Pecan Street tracks, the Atlantic City metro has the 26th-lowest share of listings with a price cut. New Jersey's unemployment rate was 4.2% in Sep 2026 (BLS via FRED), matching the national rate.
Markets at a glance
| Market | Median sale price | YoY | Days on market | Price-cut share | Price-to-rent |
|---|---|---|---|---|---|
| Atlantic City | $386K | +2.6% | 61 | 25% | ≈ 12 |
| Trenton / Princeton | $485K | +1.3% | 52 | 32% | ≈ 15 |
| Vineland | $283K | +3.6% | 50 | 36% | ≈ 10 |
Median sale price and year-over-year change from Redfin (rolling three months); median days on market and the share of active listings with a price cut from Realtor.com; price-to-rent is each market page's figure (its median sale price over a year of HUD Fair Market Rent). Figures are per metro market, not statewide.
Recent signals
No market signals flagged across this state right now.