New Jersey Housing Market
Neutral (Score: 55/100)Median Sale Price
$546,700
+7.3% YoY
Active Inventory
18,878
Days on Market
49 days
Price Drops
16.3%
Demographics & Economics
Source: U.S. Census ACSPopulation
9,267,014
Median Household Income
$101,050
Census Median Home Value
$427,600
Homeownership Rate
63.7%
Vacancy Rate
7.9%
Price-to-Income Ratio
5.4x
Affordability: The median home in New Jersey costs 5.4x the median household income.
This is above the historically affordable threshold of 3-4x income, suggesting stretched affordability.
Cost of Living & Safety
Sources: HUD, BEA, FBI UCRCost of Living Index
108.805
8.8% above national avg
Cost context: New Jersey has a Regional Price Parity of 108.805 (national average = 100).
Higher cost of living means incomes need to be proportionally higher to maintain purchasing power.
Environment & Risk
Sources: EPA, FEMA NRI, FEMA NFIPOverall Risk Rating
Relatively Moderate
EAL Score
78.6
expected annual loss index
Expected Annual Loss
$3,215,449,865
from natural hazards
earthquake
hurricane
tornado
flooding
coastal Flooding
wildfire
heat Wave
cold Wave
drought
hail
winter Weather
strong Wind
lightning
Water Violations
501
total SDWIS violations
Flood Insurance Policies
2,867,592
active NFIP policies
Flood Claims Filed
202,151
historical NFIP claims
Water quality note: EPA SDWIS tracks regulatory violations for public water systems. For the most current and detailed tap water quality in your area with stricter health-based guidelines, visit the EWG Tap Water Database.
Price Trend
Inventory Trend
55
Neutral
0 50 100
New Jersey Market Score: 55/100
This score reflects how buyer- or seller-friendly the New Jersey market is right now, based on days on market, price cuts, sale-to-list ratio, inventory levels, and year-over-year price movement.
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