Market Intelligence · NJ / Jersey City

Jersey City, NJ 07306 Housing Market

The typical home value in Jersey City, NJ 07306 is $543,185, down 3.7% over the past year as of 2026-08-01. The median list price is $525,000, and homes are spending a median of 38 days on market.

Updated August 2026Median value$543K

The median home value in Jersey City, NJ 07306 is $543K as of August 2026, down 3.7% 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 07306 range

$500K to $587K

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

-3.7% over 12 months

Typical home value in 07306 over the last 12 months: $564K in Aug 2025 to $543K in Aug 2026 (-3.7%).

Aug 2025$564K

Aug 2026$543K

The numbers

What is the 07306 housing market like?

Typical home value

$543K

Down3.7%YoY

Median list price

$525K

Up1.2%MoM

Days on market

38

Down11.6%MoM

Homes for sale

97

Down7.6%MoM

Price cuts

11.2%

Up57.4%MoM

New listings

20

Down52.4%MoM

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

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The comparison

How do 07306 home prices compare?

  • 07306$543,185
  • 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

There are 97 homes for sale in 07306 as of 2026-08-01, with 20 new listings coming on. The median list price sits at $525,000, and the typical home value is $543,185, down 3.7% over the past year. Homes are moving in a median of 38 days, and 11.2% of listings have taken a price cut. Values are softening, but homes that are priced right are still selling at a reasonable pace. For a seller, this means pricing accurately from the start matters more than it did a year ago.

Monthly payment

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20% · $108,637

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