Is Essex County, NJ a buyer's market or a seller's market?
Essex County, NJ is a balanced market right now. There are 1,425 homes for sale, and at the current pace of sales it would take about 3.1 months to sell all of them.
The rule of thumb agents use: under three months of homes for sale favors sellers, over five months favors buyers, and in between is a fair fight. Essex County, NJ sits at 3.1.
Buyers and sellers are about evenly matched right now. The typical home took 30 days to go under contract, and 73% of sales closed above the asking price.
The number of homes for sale is 6% lower than a year ago. Less to choose from tends to push prices up and shorten the time to sell.
Source: Redfin's published market data for the Essex County, NJ area, through May 2026.
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More about the Essex County, NJ market
- When is the best month to sell a house in Essex County, NJ?
- How long does it take to sell a house in Essex County, NJ?
- Do homes sell above asking price in Essex County, NJ?
- Are home prices going up or down in Essex County, NJ?
- Are sellers cutting prices in Essex County, NJ?
- Is the housing market slowing down in Essex County, NJ?
- What is the average home price in Essex County, NJ?
- How many homes are for sale in Essex County, NJ?
- All Essex County, NJ housing numbers
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- Is Ocean County, NJ a buyer's market or a seller's market?
Figures come from Redfin's published market data for the Essex County, NJ area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.