NJ Real Estate Market Update — June 2026
Market Update4 min read

NJ Real Estate Market Update — June 2026

Garden State AI·Market Intelligence·
market updateNJ real estatehome pricesinventory

NJ Market Snapshot — June 2026

The New Jersey real estate market continues to show resilience heading into
summer 2026. But rising inventory and stubbornly high mortgage rates are creating a more balanced dynamic — and smart sellers are adjusting their
strategies.

Key Metrics

  • Median Sale Price: $545,000 — up 4.2% year-over-year
  • Days on Market: 28 days average (down from 34 last year)
  • Inventory: 12% more listings than June 2025
  • Mortgage Rates: 6.75% average for 30-year fixed

Data sourced from NJMLS and GSMLS via Garden State AI.

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