Published October 25, 2026 in Market Update

More listings are showing up in the Heights, but buyers are still paying close to ask

By Janine Berger

Real estate, Jersey City

If you own a home in the Heights, here is the number that matters most right now: 99.9%. That is what the Real Estate Data Aggregator recorded as the average sale-to-list ratio for ZIP 07307 in the three months ending August 31, 2026. More homes are on the market, but buyers are still paying almost exactly what sellers ask. Price your home right and that holds. Price it wrong and you are competing against 196 other listings.

What the inventory jump actually looks like

The Real Estate Data Aggregator counted 196 homes for sale in ZIP 07307 during the three months ending August 31, 2026. That is up 38% from the same stretch in 2025. New listings rose 35.6% to 217. So yes, buyers have more to look at. But 104 homes still sold, the same count as a year ago, and 38.5% of those sold above list price, up 13.5 points from last year. More supply did not soften the competition on the homes buyers actually wanted.

Prices are holding, but the pace has slowed a little

The Real Estate Data Aggregator put the median sale price in ZIP 07307 at $842,500 for the three months ending August 31, 2026, up 2.7% from the same period in 2025. That is steady, not spectacular, and it lines up with what the Federal Housing Finance Agency reported nationally: U.S. house prices rose 2.6% from July 2025 to July 2026. The Heights is moving at about the same pace as the country. Median days on market came in at 43 days, just 2 days longer than last year. Not a dramatic shift, but worth knowing if you are planning a timeline.

One signal worth watching: pending sales dipped

The Real Estate Data Aggregator counted 96 pending sales in ZIP 07307 for the three months ending August 31, 2026, down 9.4% from the same period in 2025. That is the one number that suggests some buyers are pausing. Realtor.com reported that mortgage rates topped 7% for the first time since January 2025, and CNBC noted that a monthly payment on a median-priced home now takes up roughly 33% of a median family's income, compared with 26% back in 2022. Higher carrying costs slow decisions. That does not mean deals are not happening. It means buyers are being careful, and the homes that go fast are the ones priced to match reality.

What this means if you own here

More competition is real. With 196 homes for sale and 5.8 months of supply, up 1.6 months from last year, buyers have options. The homes that still hit 99.9% of list are priced honestly from day one. The ones that sit are the ones that ask too much and wait for an offer that does not come. Realtor.com found that 10.3% of listings across the New York-Newark-Jersey City metro took a price cut in September 2026. That is the outcome of starting too high.

What this means if you want to buy here

You have more to choose from than you did a year ago. That is genuinely good news. But 30.2% of homes went under contract within two weeks of listing, up 7.6 points from 2025. The right home still moves fast. A low-ball offer on a well-priced listing is unlikely to land. Come in close to ask, know your number, and move when you find the one that fits.