NJ Housing Market: July 2025 Update & Trends

The good news for Northern New Jersey homeowners is that median home prices in Bergen County are continuing to climb in 2025. When comparing this year’s numbers to 2024, prices remain on an upward trajectory. However, with active listings increasing, the rapid pace of appreciation is expected to cool down.

Active Listings and Buyer Demand

Real estate is always a supply-and-demand game. As more homes hit the market in Northern NJ, buyers now have more options, which creates competition among sellers. Homes must stand out with strong presentation, staging, and upgrades to capture buyer attention.

Median Days on Market and Weeks of Supply

Compared to 2024, the median days on market are slightly higher in 2025. Additionally, weeks of supply have steadily risen, signaling a subtle market shift. More supply means buyers are taking longer to decide, and homes may not sell as quickly as they did last year.

Market Alignment: What Sellers Must Know

There’s no bubble about to burst in Northern New Jersey — but sellers should be realistic. If you’re expecting the same level of appreciation your neighbor saw 6–12 months ago, you may need to reset expectations. Success in this market comes down to market alignment: pricing correctly, presenting your home beautifully, and offering buyers clear value.

Interest Rates and Affordability Challenges

With interest rates hovering above 6%, affordability continues to challenge many buyers. This reduces buying power and creates natural pushback against rising prices. For both buyers and sellers, keeping a close eye on rates, inventory, and days on market is essential to understanding the next move in real estate.

Why Hyper-Local Expertise Matters

Every market is different — and in Northern NJ, even neighborhoods and price points can vary widely. That’s why working with a local real estate expert who understands the zip-code-level data is crucial. Whether you’re buying or selling, local insights will help you make smarter decisions.