The Journal Square housing market is somewhat competitive. Homes in Journal Square receive 2 offers on average and sell in around 36 days. The median sale price of a home in Journal Square was $421K last month, down 18.6% since last year. The median sale price per square foot in Journal Square is $430, up 8.0% since last year.
What is the housing market like in Journal Square today?
In March 2024, Journal Square home prices were down 18.6% compared to last year, selling for a median price of $421K. On average, homes in Journal Square sell after 36 days on the market compared to 69 days last year. There were 25 homes sold in March this year, down from 34 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$421,000
-18.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Journal Square, NJ
$421,000
-18.6%
United States
To compare other locations to the Journal Square and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Jersey City add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Journal Square housing market?
Journal Square is somewhat competitive. Homes sell in 51 days.
0
100
58
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 51 days.
Hot homes
can sell for about 2% above list price and go pending in around 16 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
99.5%
+1.7 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Journal Square, NJ
99.5%
+1.7 pt
United States
Home offer insights for Journal Square
Explore recent offers and recently sold homes in Journal Square
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
6/10
Joseph H. Brensinger No. 17 Elementary School
Public • PreK-8
1278
Students
6 reviews
5/10
Jotham W. Wakeman No. 6 Elementary School
Public • PreK-5
717
Students
7 reviews
4/10
Martin Luther King, Junior No. 11 Elementary School
Public • PreK-8
912
Students
10 reviews
3/10
Dr. Michael Conti School
Public • PreK-8
679
Students
9 reviews
3/10
Patricia M. Noonan School PS #26
Public • PreK-5
422
Students
N/A
Only showing 5 of
7 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Journal Square housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Journal Square.
Risk Factor
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Journal Square has a moderate risk of flooding. 360 properties in Journal Square are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Journal Square. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Journal Square has a minor risk of wildfire. There are 1 properties in Journal Square that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Journal Square.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Journal Square has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Journal Square is most at risk from hurricanes. 6,321 properties in Journal Square have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 81 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 93 mph.