Is Hoboken a buyer's or seller's market right now?

Hoboken is currently a seller's market with 2.2 months of supply. 30.3% of homes sell above asking price, and 50% go pending within two weeks. The Ridley Sell Score for Hoboken is 74/100 (Strong), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Hoboken?

The median home price in Hoboken is $999,000, up 5.2% year-over-year. The median price per square foot is $893. Homes sell in a median of 50 days with a sale-to-list ratio of 99.6%.

How much does it cost to sell a home in Hoboken, New Jersey?

On a $999,000 home in Hoboken, a traditional listing agent charges around $29,970 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $79,920 or more. With Ridley Essentials ($999) you save $28,971, and with Ridley Pro ($3,499) you save $26,471 while getting full agent support.

How does Ridley's flat fee compare to a traditional Hoboken agent?

A traditional Hoboken listing agent typically charges 3% of the sale price — about $29,970 on a $999,000 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $28,971–$26,471 compared to a traditional agent.

How long does it take to sell a home in Hoboken?

The median home in Hoboken currently spends 50 days on the market before going under contract. 50% of homes go pending within two weeks. At a 99.6% sale-to-list ratio, sellers are getting very close to or above asking price. Only 5.6% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in New Jersey?

No. New Jersey does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $999,000 home, that could save you up to $26,471.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in New Jersey. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $29,970 commission.

National/New Jersey

Hoboken, NJ

Is Now a Good Time to Sell in Hoboken, New Jersey?

The median home in Hoboken sells for $999,000 with prices up 5.2% year-over-year. The average seller pays $29,970 in commissions — Ridley’s flat fee saves you $26,471.

Hoboken Real Estate Market Conditions — March 2026

74out of 100

Ridley Sell Score

How it's scored →

Strong

74/100

Conditions strongly favor sellers — high demand and fast sales.

What this means for sellers

Conditions in Hoboken favor sellers right now. Demand is outpacing supply, and well-priced homes should attract strong interest. Sellers who list now are positioned to sell quickly and close at or above asking price.

Inventory TightnessFavors sellers

2.2 months of supply — below the 5-month balanced threshold — 31% below the New Jersey average of 3.2.

Price MomentumNeutral

Prices up 5.2% year-over-year — vs. +7% statewide.

Seller LeverageFavors sellers

Homes selling at 99.6% of asking — buyers are negotiating 0.4% below list. New Jersey average is 100.4%.

Bidding ActivityNeutral

30.3% of homes selling above list price — 29% below the New Jersey average of 42.4%.

Sale SpeedFavors sellers

50 median days on market — 17 days faster than the New Jersey average.

Market UrgencyFavors sellers

50% of listings go pending within 2 weeks — vs. 26.1% statewide.

Price StabilityFavors sellers

Only 5.6% of listings have dropped their price — sellers are holding firm. New Jersey average is 13.6%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$999,000

+5.2%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$893

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

99.6%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

2.2

Seller’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Somewhat Competitive

Sold Above List

Percentage of homes that sold for more than their list price.

30.3%

Moderate demand

Price Drops

Percentage of active listings that had a price reduction.

5.6%

Well-priced market

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

50%

Fast-moving

12-Month Price Trend

$877,500 → $999,000

▲13.8%

$1.0M$900K$800K

AprJunAugOctDecFebMar

Data updated March 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Hoboken — delivered monthly.

Your savings

How much can you save selling your home in Hoboken?

The average Hoboken homeowner saves $26,471 by selling with Ridley instead of paying the traditional 3% listing commission on a $999,000 home.

$0Estimated savings

That could fund a full kitchen remodel — save 2.6% of your home value

Your Hoboken home value

$999,000

$50,000$10M

Traditional Agent (3%)

$29,970

Ridley Pro (flat fee)

$3,499

Ready to sell in Hoboken?

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Cost comparison

How much does it cost to sell a house in Hoboken?

The total cost to sell a house in Hoboken in 2026 ranges from $999 with Ridley Essentials to approximately $29,970 with a traditional 3% commission on a $999,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$29,970	$3,499	$999	$0
Buyer agent	$27,9722.8% avg	$19,980~2% avg	$19,980~2% avg	$27,9722.8% avg
Closing costs (~1.5%)	$14,985	$14,985	$14,985	$14,985
Total cost	$72,927	$38,464	$35,964	$42,957
Net proceeds	$926,073	$960,536	$963,036	$956,043
You save	—	$26,471	$28,971	$29,970No support