Market Intelligence · NJ / Jersey City

Jersey City, NJ 07305 Housing Market

The typical home in Jersey City's 07305 ZIP code is worth $528,187, down 1.4% over the past year. The median list price is $509,000, and homes are spending a median of 40 days on the market.

Updated August 2026Median value$528K

The median home value in Jersey City, NJ 07305 is $528K as of August 2026, down 1.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 07305 range

$486K to $570K

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

-1.4% over 12 months

Typical home value in 07305 over the last 12 months: $536K in Aug 2025 to $528K in Aug 2026 (-1.4%).

Aug 2025$536K

Aug 2026$528K

The numbers

What is the 07305 housing market like?

Typical home value

$528K

Down1.4%YoY

Median list price

$509K

Up6.9%MoM

Days on market

40

Down25.9%MoM

Homes for sale

97

Up9.0%MoM

Price cuts

13.1%

Up27.5%MoM

New listings

28

Down26.3%MoM

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

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The comparison

How do 07305 home prices compare?

  • 07305$528,187
  • Jersey City$646,517
  • New Jersey$576,681
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Jersey City: 6 ZIPs; New Jersey: 547 ZIPs; United States: 26,265 ZIPs).

Context

As of 2026-08-01, there are 97 homes for sale in 07305, with 28 new listings hitting the market. The median list price is $509,000, while the typical home value is $528,187, down 1.4% over the past year. Homes are moving in a median of 40 days, and 13.1% of listings have taken a price cut. Inventory is steady and values have slipped slightly, so sellers should price carefully from the start rather than testing the market high.

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