NJ REALTORS® Data · February 2026
New Jersey
Housing Market
February 2026 data from New Jersey REALTORS®. Statewide residential market statistics including closed sales, median prices, inventory, and days on market across single family, townhouse-condo, and adult community segments.
Data source: New Jersey REALTORS® Monthly Indicators, February 2026. Data as of March 9, 2026. All data from multiple listing services in the state of New Jersey. Margin of error ±4% at 95% confidence level. Report © 2026 ShowingTime Plus, LLC.
By Property Type — February 2026
New Jersey Market By Segment
The NJ single-family median reached $558,000 in February 2026 — a 5.3% increase year-over-year. Despite declining closed sales volume, prices remain firm due to persistently low inventory.
The townhouse-condo segment saw the largest sales decline at 17.4%, though median pricing held essentially flat at $407,792. Affordability constraints in this segment continue to limit buyer activity.
Adult community pricing led all segments with a 5.6% increase to $375,000. This reflects strong demand from the 55+ buyer pool seeking right-sizing opportunities in South Jersey's established communities.
National Context — NAR February 2026
What This Means for South Jersey
Nationally, the National Association of REALTORS® (NAR) reported existing-home sales declined 8.4% to a seasonally adjusted annual rate of 3.91 million in February 2026 — a 4.4% drop from one year earlier. Sales retreated in all four U.S. regions. Despite this, the national median existing-home price edged up 0.9% year-over-year to $396,800, a new high for the month of February.
Total housing inventory nationally stood at 1.22 million units, up 3.4% from one year earlier, representing a 3.7-month supply at the current sales pace — still below the 5–6 months considered a balanced market.
For South Jersey buyers and sellers: prices are rising but sales volume is down. This reflects a market where motivated sellers with well-priced homes are still achieving strong results, while buyers benefit from slightly less competition than in 2021–2022. The JK Realty Group navigates these conditions daily across Gloucester, Burlington, Camden, Salem, and Cumberland Counties.
Data source: New Jersey REALTORS® Monthly Indicators, February 2026. Data as of March 9, 2026. All data from multiple listing services in New Jersey. Margin of error ±4% at 95% confidence level. Report © 2026 ShowingTime Plus, LLC. National data sourced from the National Association of REALTORS® (NAR). This page is for informational purposes only and does not constitute legal, financial, or investment advice.