New Jersey Housing Market Forecast 2026–2027

New Jersey home values are up 4.4% YoY — what's next?

OpenRoof Score

Current 12-month forecasts are under data-integrity review and are not certified. Some used a supply input without a verified sales denominator. Scores that use forecasts, including correction risk and OpenRoof Score, may be affected. Input confidence is not calibrated accuracy.

Buy

Primarily supported by recovery / resilience

Key Market Data — New Jersey

Typical Home Value

$676,403

Source: Zillow ZHVI

Home Value YoY

+4.40%

Source: Zillow ZHVI

Avg Monthly Rent

$2,541/mo

Source: Zillow ZORI

Rent YoY

+3.24%

Source: Zillow ZORI

Top Metro Markets in New Jersey

Ocean City, NJ
+8.7%
New York-Newark-Jersey City, NY-NJ-PA
+5.1%
Atlantic City-Hammonton, NJ
+4.2%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
+3.0%
Allentown-Bethlehem-Easton, PA-NJ
+1.8%

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Data sources: Zillow ZHVI (home values, updated mid-month), Zillow ZORI (rent, updated mid-month), Realtor.com (inventory, days on market, updated 1st week of month), U.S. Census ACS (income, population, updated annually). Data as of September 2026.