What is the median home price in Powerhouse Arts District, Jersey City?

The median home price in Powerhouse Arts District is $881,500, up 7% year-over-year. Homes sell in a median of 51.5 days. The sale-to-list ratio is 98.05%.

How much does it cost to sell a home in Powerhouse Arts District?

On a $881,500 home in Powerhouse Arts District, a traditional agent charges around 3% — about $26,445. With Ridley Essentials ($999) or Ridley Pro ($3,499), you save $22,946 while getting MLS listing and expert support.

How long does it take to sell a home in Powerhouse Arts District?

The median home in Powerhouse Arts District spends 51.5 days on market. 20% of listings go pending within two weeks. 18 homes sold recently in this neighborhood.

Is Powerhouse Arts District a good neighborhood to sell in right now?

Powerhouse Arts District had 18 homes sell recently at a median of $881,500. Sellers are getting 98.05% of their asking price. 11.11% of homes sold above list price. Ridley's flat fee means you keep more regardless of market conditions.

National/New Jersey/Jersey City

Powerhouse Arts District · Jersey City, NJ

Is Now a Good Time to Sell in Powerhouse Arts District, Jersey City?

The median home in Powerhouse Arts District sells for $881,500 with prices up 7% year-over-year. Ridley's flat fee saves you $22,946.

Powerhouse Arts District Real Estate Market Conditions

54out of 100

Ridley Sell Score

How it's scored →

Moderate

54/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Powerhouse Arts District market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Don't count on bidding wars — price to attract offers rather than leave room for negotiation. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. New Jersey average is 3.2.

Price MomentumNeutral

Prices up 6.525679758% year-over-year — vs. +7% statewide.

Seller LeverageNeutral

Homes selling at 98.05% of asking — buyers are negotiating 2% below list. New Jersey average is 100.4%.

Bidding ActivityFavors buyers

11.11% of homes selling above list price — 74% below the New Jersey average of 42.4%.

Sale SpeedFavors sellers

51.5 median days on market — 16 days faster than the New Jersey average.

Market UrgencyNeutral

20% of listings go pending within 2 weeks — vs. 26.1% statewide.

Price StabilityFavors sellers

Only 0% 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

$881,500

+7%

Days on Market

51.5

Price per Sq Ft

$1131

Sale-to-List Ratio

98.05%

Homes Sold

Sold Above List

11.11%

Pending in 2 Weeks

20%

Source: public market records

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

Your savings

How much can you save selling in Powerhouse Arts District?

$0Estimated savings

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

Your Powerhouse Arts District home value

$881,500

$50,000$10M

Traditional Agent (3%)

$26,445

Ridley Pro (flat fee)

$3,499

Ready to sell in Powerhouse Arts District?

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Cost comparison

Cost to sell in Powerhouse Arts District

	Traditional Agent	Best valueRidley Pro	Ridley Essentials
Listing fee	$26,445	$3,499	$999
Buyer agent	$24,6822.8% avg	$17,630~2% avg	$17,630~2% avg
Closing costs (~1.5%)	$13,223	$13,223	$13,223
Total cost	$64,350	$34,352	$31,852
You save	—	$22,946	$25,446

Based on the Powerhouse Arts District median home price of $881,500. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Powerhouse Arts District

A flat fee of $3,499 instead of the typical $26,445 commission — with a dedicated agent at every step.

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Powerhouse Arts District market data so you list at the right price.

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Powerhouse Arts District buyers look — plus a custom Ridley listing page with AI chat.