Home Values in New Jersey and Downtown
|Zillow Home Value Index||$285,500||vs||$593,400|
|Median List Price||$279,000||vs||$549,900|
|Median Sale Price||$289,000||vs||$536,000|
New Jersey tends to be less expensive for home buyers than Downtown, Jersey City. During the last year, New Jersey home values have risen by 3.9%, while Downtown home values have risen by 9.6%. The median sale price in New Jersey is $289,000, but the median listing price was $279,000, a 3.6% increase. Meanwhile in Downtown, the median selling price is $536,000, and the starting price had a median of $549,900, a 2.5% discount.