November 2026
Prices hold as more homes come to market
Published Nov 8, 2026
In September 2026, single-family prices in New Jersey kept rising while sales slowed and more homes came up for sale. The statewide median single-family price was $614,000, up 5.0% from a year earlier, while closed sales fell 6.5% and the number of homes for sale rose 8.1%. Mortgage rates are above 7%: Freddie Mac's 30-year average was 7.18% on November 5, 2026.
- New Jersey median single-family price$614,000 (+5.0%)New Jersey REALTORS® · As of Sep 30, 2026
- 30-year fixed mortgage rate, U.S. average7.18%Freddie Mac · As of Nov 5, 2026
- U.S. median existing-home price$417,500 (+1.3%)National Association of REALTORS® · As of Sep 30, 2026
- Morris County median single-family price$737,500 (+2.1%)New Jersey REALTORS® · As of Sep 30, 2026
- Warren County median single-family price$412,450 (−1.8%)New Jersey REALTORS® · As of Sep 30, 2026
- Sussex County median single-family price$490,000 (+6.5%)New Jersey REALTORS® · As of Sep 30, 2026