Market Intelligence · NJ / Jersey City

Jersey City, NJ 07302 Housing Market

The typical home value in Jersey City 07302 is $887,883, down 0.4% over the past year. The median list price stands at $814,500, with homes spending a median 39 days on market.

Updated September 2026Median value$888K

The median home value in Jersey City, NJ 07302 is $888K as of September 2026, down 0.4% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Lic #1431880 NJ

Luxury Real Estate Advisor in Jersey City, Hoboken and NYC Commuter Suburbs for 14 years, $500M in sales. Creating the next era of real estate, through service.

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Typical 07302 range

$817K to $959K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-0.4% over 12 months

Sep 2025$891K

Low $885KHigh $904K

Sep 2026$888K

The numbers

What is the 07302 housing market like?

As of September 2026

Typical home value

$888K

0.4%YoY

Median list price

$815K

1.9%MoM

Days on market

0.0%MoM

Homes for sale

205

5.7%MoM

Price cuts

9.4%

21.1%MoM

New listings

102

50.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

07302 housing market forecast 2027

+1.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 07302 to rise 1.1% by September 2027.

Over the 12 months through September 2026, typical home values in 07302 fell 0.4%, per the Zillow Home Value Index.

Will home prices drop in 07302?

Zillow's forecast does not call for a drop: it expects typical home values in 07302 to rise 1.1% by September 2027, after a 0.4% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 07302 home prices compare?

07302$887,883
Jersey City$645,520
New Jersey$575,161
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Jersey City: 6 ZIPs; New Jersey: 547 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 205 homes for sale in 07302, with 102 new listings entering the market. The median days on market of 39 suggests reasonable buyer interest, though not brisk movement. About 9.4% of listings have already been reduced from their initial asking price, indicating some sellers are adjusting expectations. Inventory is steady, and while the typical home value edged down slightly over the year, the market remains relatively balanced. If you're thinking about selling, expect a competitive environment where pricing strategy matters.

Monthly payment

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Home price

Down payment20% · $177,577

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Common questions

What people ask us.

What is the typical home value in Jersey City 07302?

The typical home value is $887,883, which declined 0.4% over the past year as of September 2026.

How long do homes typically stay on the market in 07302?

The median days on market is 39 as of September 2026.

What is the median list price in Jersey City 07302?

The median list price is $814,500 as of September 2026.

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