Is Essex, Morris, Union, Sussex & Hunterdon, NJ a buyer’s or seller’s market?

4 weeks ending September 20, 2026 · updated weekly · Source: Redfin · Methodology

In the 4 weeks ending September 20, 2026, 56.6% of homes sold here closed above their original list price, with 2.8 months of supply and a median of 27 days on market.

Sold above original list56.6%▼ down 0.2 pts vs. a year ago
Average sale-to-list103.1%▼ down 0.2 pts vs. a year ago
Months of supply2.8▲ up 0.2 vs. a year ago
Median days on market27▼ down 9 days vs. a year ago
Median sale price$632,807
Pending sales1,579Homes that went under contract

Share of homes sold above original list

Share of homes sold above original list price, Essex, Morris, Union, Sussex & Hunterdon, NJ (rolling 4 weeks)Latest: 56.6% 44%53%61%70%Sep 24Mar 25Sep 25Mar 26Sep 26

Months of supply

Months of supply, Essex, Morris, Union, Sussex & Hunterdon, NJ (rolling 4 weeks)Latest: 2.8 months 1.42.12.83.5Sep 24Mar 25Sep 25Mar 26Sep 26

Seller signals

Listings with a price cut10.85%▲ up 1.5 pts vs. a year ago · August 2026 · All areas
Pending sales canceled12.16%▲ up 2.3 pts vs. a year ago · August 2026 · All areas
Buyers vs. sellersMore buyers21% more buyers than sellers · August 2026 · All areas
Listings pulled without selling5.32%▲ up 0.6 pts vs. a year ago · August 2026

Home prices (Redfin Home Price Index): ▲ up 6.3% from a year earlier

Redfin Home Price Index, Essex, Morris, Union, Sussex & Hunterdon, NJ (repeat sales)Latest 193; up 6.3% from a year earlier 99133167202Sep 20Mar 22Sep 23Mar 25Aug 26

Tracks price changes from repeat sales of the same homes, through August 2026.

Most competitive ZIP codes in Essex, Morris, Union, Sussex & Hunterdon, NJ

Heat scores for the 3 months ending August 31, 2026. Top 10 across all areas →

All ZIP codes in this area

Lighter entries had too few sales last period to rank.

Weekly spotlights

Market data describes housing activity only. Figures may be revised by the source. Methodology