See the latest weekly housing market data across Northern New Jersey, including Bergen, Essex, Passaic, Hudson, and Morris Counties. Review new listings, median sale price, days on market, and local inventory trends for the week of February 19, 2026..
Northern New Jersey Market Snapshot: County-by-County Trends
Here is a clean breakdown of what the latest county data is showing across Northern New Jersey in Bergen, Essex, Passaic, Hudson, and Morris Counties. I kept it simple so you can quickly see what is happening with inventory, pricing, and days on market.
Want This Exact Update Weekly to Your Inbox?
Sign up for my weekly Northern NJ housing market update. I keep it simple and local and analyze this fast-moving market for buyers and sellers.
No pressure, just good advice for when you're ready.
Bergen County
Inventory continues to tighten. New listings are now lower than they have been since 2023. Pricing has stayed strong and is in line with 2021 trends.
- New Listings: 119 (down 15% YoY)
- Median Sale Price: $718,000 (up 1% YoY)
- Days on Market: Steady compared to last year
Essex County
Essex started the year strong, with prices running above prior years. It is now exactly where it was this same week last year. Homes are taking longer to sell. Inventory is lower than it has been since before 2023.
- New Listings: Down 13% YoY (lowest since before 2023)
- Median Sale Price: $615,000 (flat YoY)
- Days on Market: 74 days (up 19 days YoY)
Passaic County
There was more inventory in 2023 and 2024 than there is this week. Homes are taking longer to sell.
- New Listings: 54 (up 2% YoY)
- Median Sale Price: $550,000 (down 3% YoY)
- Days on Market: 78 days (up 27 days YoY)
Morris County
From 2023 through 2025, new listings have stayed fairly tight and consistent. This week’s drop is the biggest change we have seen in Morris since 2023. Homes are now taking the longest to sell that we have seen in several years.
- New Listings: 70 (down 18% YoY)
- Median Sale Price: $666,000 (up 4% YoY)
- Days on Market: 36 days (same as last week)
Hudson County
If you look at Hudson on a chart since 2023, most of the data moves together. The major shift happened in 2023, when homes were selling for much less than they did in 2024 and throughout this year.
- New Listings: 108 (down 4% YoY)
- Median Sale Price: $670,000 (up 2% YoY)
- Days on Market: 70 days (up 5 days YoY)
Latest Housing Market Update
There have been a lot of government ideas and plans to help make homes more affordable. The latest is this bill that has just passed through the House of Representatives.
The problem we have been facing is that there is, and has been even before the pandemic, a 5 million shortage of homes. The Federal government passed a bill to "expand supply and remove barriers" to allow more access to affordable homes. It still needs to pass the Senate, however.
The article goes on to mention that regulatory, zoning, and streamlining duplicated processes will be updated. These are some major problems with the construction slowdown that largely impact the majority of people who are looking for just one home for them to live in.
I am not entirely sure how Federal law changes will help when most of these laws can't override state rules. But maybe the states will follow the example?
To me, incentives need to be given to developers to buy more modest homes than homes over 2,500 square feet. Small investors wouldn't be able to survive doing this, but the bigger companies could.
Interest Rates
A quick note that there was some scary news out when Trump selected his new chair. A person who is not as likely to reduce rates as most expected in the new selection. However, rates are down again from a "stronger-than-expected January jobs report." We are also only talking about a difference between 6.11% and 6.09%.
I am expecting rates to stay around this low 6% rate for a while.
