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 26, 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.
I work centrally throughout Northern New Jersey, based between Little Falls and Wayne, with office locations in Montville, Montclair, and Ridgewood. Studying these numbers weekly helps me give buyers and sellers clear guidance based on what is actually happening locally.
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Bergen County
Inventory remains tight compared to last year. Median sale price is relatively flat from last week, and homes are taking slightly longer to sell than last year.
- New Listings: 120 (down 11% YoY)
- Median Sale Price: $709,000 (down 1% YoY, relatively flat from last week)
- Days on Market: 92 days (up 6 days YoY)
The Market Moves Fast. Understanding It Should Not Be Complicated.
I send one short weekly update covering inventory, pricing trends, and buyer activity across Northern NJ so homeowners can make confident decisions instead of reacting late.
Focused on Wayne, Little Falls, Totowa, Woodland Park, Clifton, Towaco, and nearby towns.
Essex County
This is the least amount of inventory since 2023. Median sale price saw a major jump compared to last week, and homes are taking longer to sell than last year.
- New Listings: 117 (down 10% YoY, lowest inventory since 2023)
- Median Sale Price: $661,000 (up 15% YoY, up significantly from last week)
- Days on Market: 75 days (up 13 days YoY, well above prior years going back to 2023)
Passaic County
New listings are at the lowest January and February levels since 2023. Median sale price is up year over year, even after a small dip from last week. Days on market are still higher than last year, but improved slightly week over week.
- New Listings: 52 (down 5% YoY, lowest Jan-Feb inventory since 2023)
- Median Sale Price: $582,000 (up 5% YoY, down 3% from last week)
- Days on Market: 74 days (up 15 days YoY, down 4 days from last week)
Morris County
For the third week in a row, inventory is lower than last year. At the same time, we saw a rebound in new listings compared to last week. Median sale price this year has been higher than every other year tracked since 2023.
- New Listings: 77 (down 7% YoY, up 7% from last week)
- Median Sale Price: $655,000 (up 2% YoY)
- Days on Market: 38 days (up 2 days YoY, up 1 day from last week)
Hudson County
Homes are selling slower than in 2024 and 2025, but still faster than in 2023. This year is starting to get closer to the 2023 pace, which was the slowest since we have been tracking data back to 2023.
- New Listings: 109 (down 11% YoY)
- Median Sale Price: $698,000 (up 4% YoY)
- Days on Market: 67 days (up 6 days YoY)
Interest Rates
Mortgage rates hit the lowest level in 4 years but still continue to hover right around the 6% range. As of this week, the average 30-year fixed mortgage rate is sitting near 6.00% to 6.05%, depending on the data source and borrower profile.
Freddie Mac’s weekly survey shows the 30-year rate averaging 5.98%, making it the lowest since Sept. 8, 2022. The average 15-year fixed rate is around 5.44%, which rose slightly by 9 basis points. Rates are still moving daily, but overall changes remain small week to week.
Despite headlines suggesting major movement, we are mostly seeing stability in these rates with minimal fluctuation in the past several weeks. Home inventory in Northern NJ, however, has been going down as prices go steadily up.
My expectation remains that mortgage rates will likely stay close to this high 5's low 6 level for now unless inflation data changes meaningfully. For buyers and sellers locally, the bigger story continues to be inventory, not interest rates.
Wondering What This Means for Your Home or Your Next Move?
Whether you are thinking about selling, buying, or just want to understand your options, I’m happy to walk through the numbers with you. I track this market every week so you can make decisions with clarity.
Explore More Northern NJ Market Insights
If you want to keep digging into the local data, here are a few helpful next reads and tools. This is where most homeowners start gaining real clarity about today’s market.
Tip: If you live in Wayne, Little Falls, Totowa, Woodland Park, Clifton, or Towaco, these are the pages I update most often with local insights.
