Monthly Indicators · June 2026

New Jersey
Housing Market

The statewide single-family median reached $650,000 in June 2026, on 2.8 months of supply.

+5.5% Closed Sales All properties, YoY
+5.4% Median Price All properties, YoY
+4.9% Homes for Sale All properties, YoY
$650,000 Single-Family Median ↑ +4.0% year over year
The Shape of the Year

Twelve months,
one line

New Jersey's single-family median bottomed at $550,000 in Feb 2026 and has climbed every month since, reaching $650,000 in Jun 2026. That is an 18.2% swing across twelve months, which is why one year-over-year percentage tells you so little about when to list.

Median sales price by month · last 12 months Single FamilyTownhouse-CondoAdult Communities
$350k $400k $450k $500k $550k $600k $650k Jul Sep Nov Jan Mar May Jun $650,000 Single Family $460,206 Townhouse-Condo $404,000 Adult Communities low $550,000 Feb 2026
Key Metrics · June 2026

Every Number,
By Property Type

The same sheet New Jersey REALTORS® publishes each month, for the month and year to date, against the same periods a year earlier.

Single Family

Single Family key metrics for June 2026 and year to date, against the same periods a year earlier.
June Year to Date
Key Metrics 2025 2026 Change Thru 6-2025 Thru 6-2026 Change
New Listings 7,7628,366+7.8% 41,01742,529+3.7%
Pending Sales 5,4396,015+10.6% 28,53429,156+2.2%
Closed Sales 5,5506,039+8.8% 25,45024,860−2.3%
Median Sales Price $625,000$650,000+4.0% $580,000$600,000+3.4%
Average Sales Price $796,402$845,164+6.1% $749,154$770,573+2.9%
Pct. of List Received 103.7%103.5%−0.2% 102.6%102.2%−0.4%
Days on Market 30300.0% 3839+2.6%
Affordability Index 7473−1.4% 8079−1.3%
Homes for Sale 13,24613,382+1.0%
Months Supply 2.82.80.0%

Townhouse & Condo

Townhouse & Condo key metrics for June 2026 and year to date, against the same periods a year earlier.
June Year to Date
Key Metrics 2025 2026 Change Thru 6-2025 Thru 6-2026 Change
New Listings 2,5962,695+3.8% 14,99315,090+0.6%
Pending Sales 1,7941,705−5.0% 9,9639,406−5.6%
Closed Sales 1,8611,768−5.0% 9,1798,437−8.1%
Median Sales Price $437,575$460,206+5.2% $425,000$434,998+2.4%
Average Sales Price $544,546$589,626+8.3% $529,578$556,145+5.0%
Pct. of List Received 101.0%100.5%−0.5% 100.6%100.0%−0.6%
Days on Market 3236+12.5% 3842+10.5%
Affordability Index 106104−1.9% 109110+0.9%
Homes for Sale 4,6245,224+13.0%
Months Supply 2.93.4+17.2%

Adult Communities

Adult Communities key metrics for June 2026 and year to date, against the same periods a year earlier.
June Year to Date
Key Metrics 2025 2026 Change Thru 6-2025 Thru 6-2026 Change
New Listings 890913+2.6% 4,9265,119+3.9%
Pending Sales 646667+3.3% 3,5813,596+0.4%
Closed Sales 685730+6.6% 3,2693,302+1.0%
Median Sales Price $385,000$404,000+4.9% $372,000$375,500+0.9%
Average Sales Price $409,301$437,331+6.8% $401,253$402,211+0.2%
Pct. of List Received 99.5%99.4%−0.1% 99.1%98.6%−0.5%
Days on Market 3937−5.1% 4450+13.6%
Affordability Index 123120−2.4% 127129+1.6%
Homes for Sale 1,6681,905+14.2%
Months Supply 2.93.2+10.3%

Months supply under four favors sellers; five to six is balanced. Percent of list received shows negotiating room. Affordability index above 100 means the median household earns more than needed to qualify for the median home.

New Jersey vs. the Country · NAR, June 2026

More expensive.
Much tighter.

Median Sale Price
New Jersey $650,000
United States $429,300

New Jersey runs 1.51× the national median.

Months of Supply
New Jersey 2.8 mo
United States 4.5 mo

New Jersey is 38% tighter on inventory. Under four months favors sellers.

Annual Price Growth
New Jersey +4.0%
United States +1.3%

New Jersey prices are climbing 3.1× faster than the country.

Nationally, existing-home sales ran at a 4.17 million annual pace in June 2026, the highest level since December 2025, on 1.55 million homes for sale. New Jersey sellers are working a scarcer, faster-appreciating market than the national averages suggest, which is why national headlines are a poor guide to pricing a house here.

Data source: New Jersey REALTORS® Monthly Indicators, June 2026. Data as of July 9, 2026. All data from the multiple listing services in the state of New Jersey. Margin of error for reported statewide numbers is ±4% at a 95% confidence level. National figures from the National Association of REALTORS® (NAR). Report © 2026 ShowingTime Plus, LLC. This page is for informational purposes only and does not constitute legal, financial or investment advice.