Graph and download economic data for All-Transactions House Price Index for New Jersey (NJSTHPI) from Q1 1975 to Q2 2025 about NJ, appraisers, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for Housing Inventory: Average Listing Price Month-Over-Month in New Jersey (AVELISPRIMMNJ) from Jul 2017 to Sep 2025 about NJ, average, listing, price, and USA.

Graph and download economic data for All-Transactions House Price Index for Bergen County, NJ (ATNHPIUS34003A) from 1975 to 2024 about Bergen County, NJ; New York; NJ; HPI; housing; price index; indexes; price; and USA.

Graph and download economic data for Housing Inventory: Median Listing Price in Bergen County, NJ (MEDLISPRI34003) from Jul 2016 to Sep 2025 about Bergen County, NJ; New York; NJ; listing; median; price; and USA.

The average price per square foot of floor space in new single-family housing in the United States decreased after the great financial crisis, followed by several years of stagnation. Since 2012, the price has continuously risen, hitting ****** U.S. dollars per square foot in 2024. In 2024, the average sales price of a new home exceeded ******* U.S. dollars. Development of house sales in the U.S. One of the reasons for rising property prices is the gradual growth of house sales between 2011 and 2020. This period was marked by the gradual recovery following the subprime mortgage crisis and a growing housing sentiment. Another significant factor for the housing demand was the growing number of new household formations each year. Despite this trend, housing transactions plummeted in 2021, amid soaring prices and borrowing costs. In 2021, the average construction cost for single-family housing rose by nearly ** percent year-on-year, and in 2022, the increase was even higher, at close to ** percent. Financing a house purchase Mortgage interest rates in the U.S. rose dramatically in 2022 and remained elevated until 2024. In 2020, a homebuyer could lock in a 30-year fixed interest rate of under ***** percent, whereas in 2024, the average rate for the same mortgage type was more than twice higher. That has led to a decline in homebuyer sentiment, and an increasing share of the population pessimistic about buying a home in the current market.

Graph and download economic data for All-Transactions House Price Index for Newark, NJ-PA (MSAD) (ATNHPIUS35084Q) from Q3 1976 to Q2 2025 about Newark, NJ, PA, appraisers, HPI, housing, price index, indexes, price, and USA.

Housing Inventory: Median Listing Price in New Jersey was 559900.00000 U.S. $ in August of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price in New Jersey reached a record high of 589900.00000 in July of 2024 and a record low of 285975.00000 in January of 2017. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Listing Price in New Jersey - last updated from the United States Federal Reserve on October of 2025.

Housing Inventory: Median Listing Price Year-Over-Year in Morris County, NJ was 0.13% in August of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price Year-Over-Year in Morris County, NJ reached a record high of 15.83 in December of 2023 and a record low of -6.15 in October of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Listing Price Year-Over-Year in Morris County, NJ - last updated from the United States Federal Reserve on September of 2025.

Housing Inventory: Average Listing Price Year-Over-Year in Warren County, NJ was -17.18% in July of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Average Listing Price Year-Over-Year in Warren County, NJ reached a record high of 42.04 in May of 2021 and a record low of -17.18 in July of 2025. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Average Listing Price Year-Over-Year in Warren County, NJ - last updated from the United States Federal Reserve on September of 2025.

Graph and download economic data for All-Transactions House Price Index for Ocean City, NJ (MSA) (ATNHPIUS36140Q) from Q4 1985 to Q4 2024 about Ocean City, NJ, appraisers, HPI, housing, price index, indexes, price, and USA.

Housing Inventory: Average Listing Price Year-Over-Year in Union County, NJ was 3.41% in August of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Average Listing Price Year-Over-Year in Union County, NJ reached a record high of 22.36 in March of 2023 and a record low of -13.79 in October of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Average Listing Price Year-Over-Year in Union County, NJ - last updated from the United States Federal Reserve on October of 2025.

All data are 2020 Census Tract (neighborhood) level five-year estimates from the U.S. Census Bureau American Community Survey from 2017 to 2021. Median household income earned in the past 12 months. Includes wage or salary income; net self-employment income; interest, dividends, or net rental or royalty income or income from estates and trusts; Social Security or Railroad Retirement income; Supplemental Security Income (SSI); public assistance or welfare payments; retirement, survivor, or disability pensions; and all other income. Median home value (an estimate of how much the property would sell for if it were for sale) for properties owned, being bought, vacant for sale, or sold but not occupied at the time of the survey. Data are based on values reported by property owners. Median real estate taxes (due to all taxing jurisdictions) for owner-occupied properties are based on taxes reported by homeowners to the Census Bureau in the American Community Survey from 2017 to 2021.

The number of U.S. home sales in the United States declined in 2024, after soaring in 2021. A total of four million transactions of existing homes, including single-family, condo, and co-ops, were completed in 2024, down from 6.12 million in 2021. According to the forecast, the housing market is forecast to head for recovery in 2025, despite transaction volumes expected to remain below the long-term average. Why have home sales declined? The housing boom during the coronavirus pandemic has demonstrated that being a homeowner is still an integral part of the American dream. Nevertheless, sentiment declined in the second half of 2022 and Americans across all generations agreed that the time was not right to buy a home. A combination of factors has led to house prices rocketing and making homeownership unaffordable for the average buyer. A survey among owners and renters found that the high home prices and unfavorable economic conditions were the two main barriers to making a home purchase. People who would like to purchase their own home need to save up a deposit, have a good credit score, and a steady and sufficient income to be approved for a mortgage. In 2022, mortgage rates experienced the most aggressive increase in history, making the total cost of homeownership substantially higher. Are U.S. home prices expected to fall? The median sales price of existing homes stood at 413,000 U.S. dollars in 2024 and was forecast to increase slightly until 2026. The development of the S&P/Case Shiller U.S. National Home Price Index shows that home prices experienced seven consecutive months of decline between June 2022 and January 2023, but this trend reversed in the following months. Despite mild fluctuations throughout the year, home prices in many metros are forecast to continue to grow, albeit at a much slower rate.

Housing Inventory: Average Listing Price Year-Over-Year in Atlantic County, NJ was -4.75% in August of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Average Listing Price Year-Over-Year in Atlantic County, NJ reached a record high of 34.85 in February of 2023 and a record low of -14.35 in April of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Average Listing Price Year-Over-Year in Atlantic County, NJ - last updated from the United States Federal Reserve on October of 2025.

Housing Inventory: Average Listing Price in Somerset County, NJ was 999657.00000 U.S. $ in July of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Average Listing Price in Somerset County, NJ reached a record high of 1183817.00000 in September of 2023 and a record low of 630562.00000 in January of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Average Listing Price in Somerset County, NJ - last updated from the United States Federal Reserve on September of 2025.

Graph and download economic data for All-Transactions House Price Index for Ocean County, NJ (ATNHPIUS34029A) from 1975 to 2024 about Ocean County, NJ; New York; NJ; HPI; housing; price index; indexes; price; and USA.

Housing Inventory: Average Listing Price Year-Over-Year in Essex County, NJ was -1.23% in August of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Average Listing Price Year-Over-Year in Essex County, NJ reached a record high of 28.23 in May of 2023 and a record low of -7.47 in January of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Average Listing Price Year-Over-Year in Essex County, NJ - last updated from the United States Federal Reserve on September of 2025.

Housing Inventory: Average Listing Price in Atlantic County, NJ was 732972.00000 U.S. $ in August of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Average Listing Price in Atlantic County, NJ reached a record high of 786082.00000 in November of 2024 and a record low of 365724.00000 in December of 2016. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Average Listing Price in Atlantic County, NJ - last updated from the United States Federal Reserve on October of 2025.

Graph and download economic data for Housing Inventory: Median Listing Price Year-Over-Year in Morris County, NJ (MEDLISPRIYY34027) from Jul 2017 to Sep 2025 about Morris County, NJ; NJ; New York; listing; median; price; and USA.

Housing Inventory: Average Listing Price Month-Over-Month in Somerset County, NJ was -4.38% in August of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Average Listing Price Month-Over-Month in Somerset County, NJ reached a record high of 7.81 in April of 2023 and a record low of -5.84 in November of 2024. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Average Listing Price Month-Over-Month in Somerset County, NJ - last updated from the United States Federal Reserve on October of 2025.