Market Intelligence · NJ / Jersey City

Jersey City, NJ 07304 Housing Market

Homes in Jersey City 07304 have a typical value of $531,012, up 0.2% over the past year. The median list price stands at $597,000, with homes taking a median of 44 days to sell as of September 2026.

Updated September 2026Median value$531K

The median home value in Jersey City, NJ 07304 is $531K as of September 2026, up 0.2% 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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Typical 07304 range

$489K to $573K

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

+0.2% over 12 months

Typical home value in 07304 over the last 12 months: $530K in Sep 2025 to $531K in Sep 2026 (+0.2%).

Sep 2025$530K

Sep 2026$531K

The numbers

What is the 07304 housing market like?

Typical home value

$531K

Up0.2%YoY

Median list price

$597K

Down0.3%MoM

Days on market

44

Up10.0%MoM

Homes for sale

90

Up7.1%MoM

Price cuts

13.1%

Up28.4%MoM

New listings

22

Up37.5%MoM

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

The outlook

07304 housing market forecast 2027

+1.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 07304 to rise 1.0% by September 2027.

Over the 12 months through September 2026, typical home values in 07304 rose 0.2%, per the Zillow Home Value Index.

Will home prices drop in 07304?

Zillow's forecast does not call for a drop: it expects typical home values in 07304 to rise 1.0% by September 2027, after a 0.2% rise 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 07304 home prices compare?

  • 07304$531,012
  • 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

The ZIP has 90 homes for sale, with 22 new listings appearing in September 2026. About 13.1% of listings have seen a price cut, suggesting some sellers are testing the market or adjusting expectations. Days on market at 44 indicates homes are moving at a steady pace without urgency. The gap between typical value and median list price reflects the range of properties available. For sellers, this is a balanced market where pricing strategy and condition matter more than speed.

Monthly payment

Estimate your monthly payment.

20% · $106,202

Common questions

What people ask us.

What is the typical home value in Jersey City 07304?

The typical home value is $531,012 as of September 2026, up 0.2% over the past year.

How long do homes typically stay on the market in this ZIP?

The median days on market is 44 as of September 2026.

How many homes are currently for sale in Jersey City 07304?

There are 90 homes for sale as of September 2026, with 22 new listings that month.

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