The median sales price statewide in New Jersey is $440,000, up 8.6% from a year ago, as of March, according to New Jersey Realtors.
Home prices are still rising in most of New Jersey’s 21 counties.
Statewide median sales prices were up 2.3% from February to March and they’re up 8.6% from March 2021 to March 2022. The median sales price for a single-family home in New Jersey was $440,000 in March, according to data from New Jersey Realtors. Home prices, which were up 15% in 2021, are expected to gain another 6% this year, then 2% in 2023 before declining in 2024, according to data from the Otteau Group.
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