Housing Market Update: New Jersey - June 2026

For residential real estate activity in the state of New Jersey

U.S. existing-home sales rose 3.2% month-over-month and year-over-year to a seasonally adjusted annual rate of 4.17 million units, the National Association of REALTORS® (NAR) reported, marking the highest level since December 2025. Regionally, sales increased from the previous month in the Northeast, Midwest, and South, while remaining flat in the West. On a year-over-year basis, sales grew in the Midwest, South, and West but declined in the Northeast.

• Single Family Closed Sales were up 8.8 percent to 6,039.

• Townhouse-Condo Closed Sales were down 5.0 percent to 1,768.

• Adult Communities Closed Sales were up 6.6 percent to 730.

• Single Family Median Sales Price increased 4.0 percent to $650,000.

• Townhouse-Condo Median Sales Price increased 5.2 percent to $460,206.

• Adult Communities Median Sales Pric

Nationally, there were 1.55 million homes available for sale heading into June, a 3.3% increase from the previous month and 0.6% higher than one year earlier, representing a 4.5-month supply at the current sales pace, according to NAR. Home prices also rose, with the median existing-home price climbing to $429,300 nationwide, an all-time high for the month and 1.3% higher than a year earlier.

Data as of July 9, 2026. All data from the multiple listing services in the state of New Jersey. Margin of error for reported statewide numbers is +/- 4% at a 95% confidence level. Provided by New Jersey REALTORS®. Report © 2025 ShowingTime Plus, LLC.