With nearly 25% more home listings in May, housing inventory in NJ continues to rise
If it feels like you’ve been noticing more for sale signs popping up, it’s not all in your head: Housing inventory across the nation has consistently been increasing across the country, including right here in New Jersey.
With more than 1.5 million homes for sale — 31.5% more than the year prior — May marked the 19th consecutive month of inventory growth across the nation, according to Realtor.com’s Monthly Housing Market Trends Report. Inventory is at its highest post-pandemic level to date, and this marks the first time the number of homes for sale has topped one million since the winter of 2019.
“Still, inventory remains 14.4% below typical 2017-2019 levels, though May’s gains indicate the market is closing the gap at an accelerating pace,” Realtor.com said.
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In New Jersey, there were a total of 16,379 active home listings. This was 24.11% more than last year and 15.69% more than April 2025, according to Realtor.com’s monthly market data.
The Garden State also had a median listing price of $575,000 — a 0.86% decrease from last year and a 1.05% increase from April 2025 — and active listings stayed on the market for about 33 days.
