Redfin home price, sales and inventory figures run through October 2026. Other sources still update weekly. Why
Newark, NJ Metro
Single-family vs. condo trends, market pressure signals, and 5-year price history at the metro grain. Source: Redfin.
Median Sale Price
$613,095
+39.3% YoY
Active Inventory
4,773
Days on Market
30 days
Price Drops
—
Single-Family vs. Condo
Source: Redfin (property-type breakdown)Single-Family Median
$597,804
-0.4% YoY
Condo / Co-op Median
$404,920
+15.7% YoY
SFR vs. Condo YoY Gap
-16.1%
condos outperforming SFR
DOM: SFR vs. Condo
26d / 70d
SFR / Condo
Market Pressure Signals
Derived from Redfin trendInventory vs. Long-Term Avg
+5.6%
roughly balanced
DOM vs. 24-Mo Avg
-4.6%
currently 30 days
Long-Term Avg Inventory
4,520
Long-Term Avg DOM
32 days
Mortgage & Price Stress
State HPI + national delinquencyState HPI YoY
+5.5%
positive — appreciating
State HPI vs. Peak
0.0%
at or near peak peak 2026-04-01
National Mortgage Delinquency
1.86%
benchmark — 2026-04-01 metro-grain delinquency requires paid data
State-grain HPI YoY + drawdown from peak is the cleanest free price-stress proxy. The national delinquency rate gives the macro mortgage-stress backdrop. True metro-level mortgage delinquency lives in paid datasets (MBA NDS, CoreLogic LP).
Value / Rent Ratio
Median price ÷ annual ZORI rent (state ZORI mean (metro rent unavailable from public sources))Value / Rent
24.9×
renting favored
Below ~15× annual rent is the historical buy-friendly band. Above ~20× the market typically favors renting and reinvesting elsewhere.
Trends
Up to 5 years of monthly dataMedian Sale Price
Trailing 12 months
Active Inventory
Trailing 12 months
Days on Market
Trailing 12 months
Looking for state-level data? See New Jersey statewide stats →
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