Not for commercial useDetailsHide

Zillow Home Value Index, Zillow Home Value Index, bottom tier and Zillow Observed Rent Index, and every figure derived from them, reports included.

Housing Intelligence

Free · No fees or ads

Find a place

3.48M parcelsParcel. One property on the tax roll: a lot and whatever stands on it. A one- to four-family home is one parcel, and so is a 200-unit apartment building, so parcels count properties, not homes.1.40M sales records61 datasets

About these figures

About these figures
Property parcels
3,480,497Distinct NJ parcel identifiers
Property sales records
1,398,840NJ sales-ratio archives 2020–2026 YTD
Source datasets
61Across the project
Places to explore
1,183New Jersey · counties, towns & ZIP areas

1,136,334 dated metric records across 208 measures sit behind the analytical views. Parcel totals count distinct nonblank PAMS parcel identifiers in the current landed NJ MOD-IVMOD-IV. New Jersey’s property tax assessment records, kept by the Division of Taxation: a record for every parcel, with its assessed value, property class and year built. composite—not annual assessment rows or only residential homes. Sales totals count SR1ASR1A. New Jersey’s record of each property sale, compiled from deeds by county tax boards, with the price, date and property. The sale prices here are the arm’s-length ones, not listings. reporting records, deduplicated by county, district, serial number and assessment year; they include non-market transfers and records not matched to a place page. These are not deed documents. Archive labels are sales-ratio years (July–June), not calendar-year coverage; YTD is the publisher’s open archive label.

Calculated from the data available at build time—not a live counter. Source datasets count the external-source catalogue listed in Data provenance, including supporting maps, directories and uncertainty data—not separate institutions. The platform’s own calculated metrics are excluded. Metric records count dated observations in the warehouse across loaded geographies, including national/state series and calculated measures—not raw rows processed, independent measurements or individual homes.

Places count New Jersey county, municipality and ZIP pages with at least one metric observation. Coverage varies: a page does not mean every measure is available. The artwork illustrates assembly; its marks are not one-to-one records or a trace of individual homes.

Tools

New Jersey coverage

Visual stories

43 storiesNew Jersey

US market

Latest through Oct 2026 · vs. a year earlier · easier harder for buyers and renters

Borrowing costs more

A typical 30-year mortgage rate is 7.32%, against 6.19% a year ago. On a typical new home ($410,700, with 20% down), that is about $250 more a month.

More homes to choose from

5.4% more homes are for sale than a year ago. A typical home sells in 61 days, and about 1 in 3 listings has had its price cut.

Prices still rising

Prices of the same homes rose 2.6% over the past year, about as fast as the year before.

Rent increases easing

Rents rose 2.8% over the past year, against 3.4% the year before.

Fewer homes being built

Construction began on 7.4% fewer homes than a year ago. Unsold new homes would take 8.5 months to sell at today's pace, more than the roughly six months usually read as balanced.

History & definitions
Mortgage rateMortgage rate. This week’s national benchmark for a 30-year fixed-rate home loan, from Freddie Mac’s weekly survey of lenders. A benchmark, not a rate any one borrower is offered.Kind of figure: Published benchmarkWhy it matters: It is the rate a mortgage is priced at today; the monthly averages show how it got here.
2024-10-24: 6.54%2024-10-31: 6.72%2024-11-07: 6.79%2024-11-14: 6.78%2024-11-21: 6.84%2024-11-27: 6.81%2024-12-05: 6.69%2024-12-12: 6.60%2024-12-19: 6.72%2024-12-26: 6.85%2025-01-02: 6.91%2025-01-09: 6.93%2025-01-16: 7.04%2025-01-23: 6.96%2025-01-30: 6.95%2025-02-06: 6.89%2025-02-13: 6.87%2025-02-20: 6.85%2025-02-27: 6.76%2025-03-06: 6.63%2025-03-13: 6.65%2025-03-20: 6.67%2025-03-27: 6.65%2025-04-03: 6.64%2025-04-10: 6.62%2025-04-17: 6.83%2025-04-24: 6.81%2025-05-01: 6.76%2025-05-08: 6.76%2025-05-15: 6.81%2025-05-22: 6.86%2025-05-29: 6.89%2025-06-05: 6.85%2025-06-12: 6.84%2025-06-18: 6.81%2025-06-26: 6.77%2025-07-03: 6.67%2025-07-10: 6.72%2025-07-17: 6.75%2025-07-24: 6.74%2025-07-31: 6.72%2025-08-07: 6.63%2025-08-14: 6.58%2025-08-21: 6.58%2025-08-28: 6.56%2025-09-04: 6.50%2025-09-11: 6.35%2025-09-18: 6.26%2025-09-25: 6.30%2025-10-02: 6.34%2025-10-09: 6.30%2025-10-16: 6.27%2025-10-23: 6.19%2025-10-30: 6.17%2025-11-06: 6.22%2025-11-13: 6.24%2025-11-20: 6.26%2025-11-26: 6.23%2025-12-04: 6.19%2025-12-11: 6.22%2025-12-18: 6.21%2025-12-24: 6.18%2025-12-31: 6.15%2026-01-08: 6.16%2026-01-15: 6.06%2026-01-22: 6.09%2026-01-29: 6.10%2026-02-05: 6.11%2026-02-12: 6.09%2026-02-19: 6.01%2026-02-26: 5.98%2026-03-05: 6.00%2026-03-12: 6.11%2026-03-19: 6.22%2026-03-26: 6.38%2026-04-02: 6.46%2026-04-09: 6.37%2026-04-16: 6.30%2026-04-23: 6.23%2026-04-30: 6.30%2026-05-07: 6.37%2026-05-14: 6.36%2026-05-21: 6.51%2026-05-28: 6.53%2026-06-04: 6.48%2026-06-11: 6.52%2026-06-18: 6.47%2026-06-25: 6.49%2026-07-02: 6.43%2026-07-09: 6.49%2026-07-16: 6.55%2026-07-23: 6.58%2026-07-30: 6.66%2026-08-06: 6.69%2026-08-13: 6.67%2026-08-20: 6.65%2026-08-27: 6.66%2026-09-03: 6.71%2026-09-10: 6.76%2026-09-17: 6.95%2026-09-24: 7.03%2026-10-01: 7.28%2026-10-08: 7.40%2026-10-15: 7.40%2026-10-22: 7.32%
WeeklyOct 24, 2024 → Oct 22, 2026
Home prices y/yHome prices y/y. FHFA’s monthly U.S. index of repeat home sales financed by Fannie Mae or Freddie Mac mortgages. Purchase-only, seasonally adjusted, not inflation-adjusted. Not a dollar price.Kind of figure: Modelled estimateWhy it matters: National price-change context, not an estimate for an individual home.
2024-07-01: 4.70%2024-08-01: 4.41%2024-09-01: 4.51%2024-10-01: 4.57%2024-11-01: 4.68%2024-12-01: 4.85%2025-01-01: 5.14%2025-02-01: 4.06%2025-03-01: 4.00%2025-04-01: 3.22%2025-05-01: 3.12%2025-06-01: 2.91%2025-07-01: 2.62%2025-08-01: 2.67%2025-09-01: 1.97%2025-10-01: 1.96%2025-11-01: 2.25%2025-12-01: 2.09%2026-01-01: 1.96%2026-02-01: 1.91%2026-03-01: 2.00%2026-04-01: 2.07%2026-05-01: 2.38%2026-06-01: 2.35%2026-07-01: 2.57%
MonthlyJul 2024 → Jul 2026
Homes for saleHomes for sale. Homes listed for sale across the country in the month, as Realtor.com counts them. Not seasonally adjusted, so the home page compares a month with the same month a year earlier.Kind of figure: Administrative recordsWhy it matters: More homes for sale gives buyers more choice and less reason to bid over asking.
2024-09-01: 938K2024-10-01: 955K2024-11-01: 953K2024-12-01: 873K2025-01-01: 831K2025-02-01: 849K2025-03-01: 894K2025-04-01: 961K2025-05-01: 1.04M2025-06-01: 1.08M2025-07-01: 1.10M2025-08-01: 1.10M2025-09-01: 1.10M2025-10-01: 1.10M2025-11-01: 1.07M2025-12-01: 979K2026-01-01: 914K2026-02-01: 917K2026-03-01: 948K2026-04-01: 1.00M2026-05-01: 1.06M2026-06-01: 1.10M2026-07-01: 1.13M2026-08-01: 1.14M2026-09-01: 1.16M
MonthlySep 2024 → Sep 2026
Days on marketDays on market. The median number of days a listing spent on the market in the month, as Realtor.com counts them.Kind of figure: Administrative recordsWhy it matters: A short wait means homes sell fast. Shown for the country on the home page and for New Jersey in the visual stories.
2024-09-01: 56 days2024-10-01: 58 days2024-11-01: 62 days2024-12-01: 70 days2025-01-01: 73 days2025-02-01: 66 days2025-03-01: 53 days2025-04-01: 50 days2025-05-01: 51 days2025-06-01: 53 days2025-07-01: 58 days2025-08-01: 60 days2025-09-01: 62 days2025-10-01: 63 days2025-11-01: 64 days2025-12-01: 73 days2026-01-01: 78 days2026-02-01: 70 days2026-03-01: 57 days2026-04-01: 52 days2026-05-01: 52 days2026-06-01: 53 days2026-07-01: 57 days2026-08-01: 60 days2026-09-01: 61 days
MonthlySep 2024 → Sep 2026
Price cutsPrice cuts. The share of homes listed for sale whose asking price was cut in the month: Realtor.com’s count of price cuts over its count of listings.Kind of figure: Calculated hereWhy it matters: A rising share means sellers are meeting buyers lower; a falling one, that first asks are holding.
2024-09-01: 34.51%2024-10-01: 33.80%2024-11-01: 29.58%2024-12-01: 21.45%2025-01-01: 28.08%2025-02-01: 30.93%2025-03-01: 33.81%2025-04-01: 34.97%2025-05-01: 35.94%2025-06-01: 38.44%2025-07-01: 37.45%2025-08-01: 36.09%2025-09-01: 35.13%2025-10-01: 35.31%2025-11-01: 30.51%2025-12-01: 20.62%2026-01-01: 24.55%2026-02-01: 28.28%2026-03-01: 31.03%2026-04-01: 32.64%2026-05-01: 33.43%2026-06-01: 35.25%2026-07-01: 35.90%2026-08-01: 35.31%2026-09-01: 35.04%
MonthlySep 2024 → Sep 2026
Rent inflationRent inflation. The Consumer Price Index for rent, from the Bureau of Labor Statistics: what renters across the country pay, on new and existing leases alike. An index, not a rent; its change from a year earlier is rent inflation.Kind of figure: Survey estimateWhy it matters: It counts every lease, not only new ones, so it turns months after asking rents do.
2024-09-01: 4.78%2024-10-01: 4.60%2024-11-01: 4.36%2024-12-01: 4.27%2025-01-01: 4.25%2025-02-01: 4.09%2025-03-01: 3.99%2025-04-01: 3.97%2025-05-01: 3.81%2025-06-01: 3.77%2025-07-01: 3.54%2025-08-01: 3.49%2025-09-01: 3.39%2025-11-01: 2.97%2025-12-01: 2.92%2026-01-01: 2.84%2026-02-01: 2.68%2026-03-01: 2.56%2026-04-01: 2.79%2026-05-01: 2.92%2026-06-01: 2.84%2026-07-01: 2.86%2026-08-01: 2.75%2026-09-01: 2.78%
MonthlySep 2024 → Sep 2026
Housing startsHousing starts. New homes, houses and apartments alike, that builders started in the month across the country, at the yearly pace the month would set, adjusted for the season. From the Census Bureau.Kind of figure: Survey estimateWhy it matters: Homes started now are the supply that arrives in a year or two.
2024-09-01: 1.36M2024-10-01: 1.37M2024-11-01: 1.30M2024-12-01: 1.49M2025-01-01: 1.35M2025-02-01: 1.49M2025-03-01: 1.35M2025-04-01: 1.40M2025-05-01: 1.29M2025-06-01: 1.38M2025-07-01: 1.43M2025-08-01: 1.29M2025-09-01: 1.32M2025-10-01: 1.27M2025-11-01: 1.32M2025-12-01: 1.38M2026-01-01: 1.39M2026-02-01: 1.35M2026-03-01: 1.52M2026-04-01: 1.41M2026-05-01: 1.18M2026-06-01: 1.44M2026-07-01: 1.37M2026-08-01: 1.29M2026-09-01: 1.22M
MonthlySep 2024 → Sep 2026
New-home supplyNew-home supply. How many months the new houses for sale would last at the month’s pace of sales, adjusted for the season. Counts homes finished, under way and not yet started. From the Census Bureau.Kind of figure: Survey estimateWhy it matters: Above about six months, builders have more homes than buyers and tend to cut prices or buy down rates.
2024-08-01: 8.2 mo2024-09-01: 7.9 mo2024-10-01: 9.1 mo2024-11-01: 8.8 mo2024-12-01: 8.4 mo2025-01-01: 9.0 mo2025-02-01: 9.4 mo2025-03-01: 9.3 mo2025-04-01: 8.6 mo2025-05-01: 9.7 mo2025-06-01: 9.0 mo2025-07-01: 9.2 mo2025-08-01: 8.5 mo2025-09-01: 8.2 mo2025-10-01: 9.0 mo2025-11-01: 7.7 mo2025-12-01: 7.9 mo2026-01-01: 9.9 mo2026-02-01: 9.3 mo2026-03-01: 8.7 mo2026-04-01: 9.0 mo2026-05-01: 9.2 mo2026-06-01: 8.6 mo2026-07-01: 9.0 mo2026-08-01: 8.5 mo
MonthlyAug 2024 → Aug 2026

Each line uses its own scale. Home prices and rent inflation are changes from a year earlier; the rest are levels. Historical figures, not forecasts.