Hoboken housing market: home prices, trends and forecast
Hoboken home prices: a typical home in Hoboken, New Jersey was valued at $894,141 in September 2026 by the Zillow Home Value Index. That was +5.1% higher than a year earlier and the highest month on record.
- Value of a typical home
- $894,141September 2026, Zillow ZHVI
- Change over 12 months
- Since September 2025, +5.1%.
Hoboken home prices since 2000
Hoboken is shown by the steel line, and the United States by the grey line. From January 2000, the typical Hoboken home rose from $263,028 to $894,141. That is ×3.40, compared with ×2.99 for the US during the same period. The boom reached $619,243 in August 2006. Its low was $494,795 in October 2011, a −20.1% change.
Hoboken's yearly median home prices
A yearly figure averages the twelve monthly values; for 2026 the latest month is shown.
| Year | Hoboken | Change on the year | United States |
|---|---|---|---|
| 2000 | $278,194 | $125,745 | |
| 2001 | $319,760 | +14.9% | $134,899 |
| 2002 | $361,826 | +13.2% | $144,276 |
| 2003 | $390,245 | +7.9% | $155,308 |
| 2005 | $523,215 | $189,732 | |
| 2006 | $607,375 | +16.1% | $206,531 |
| 2007 | $611,589 | +0.7% | $208,449 |
| 2008 | $588,040 | −3.9% | $195,574 |
| 2009 | $532,868 | −9.4% | $177,542 |
| 2010 | $517,167 | −2.9% | $171,462 |
| 2011 | $502,090 | −2.9% | $162,508 |
| 2012 | $517,885 | +3.1% | $161,137 |
| 2013 | $586,735 | +13.3% | $171,420 |
| 2014 | $654,596 | +11.6% | $182,996 |
| 2015 | $700,651 | +7.0% | $192,738 |
| 2016 | $765,925 | +9.3% | $204,509 |
| 2017 | $825,457 | +7.8% | $216,767 |
| 2018 | $864,558 | +4.7% | $230,541 |
| 2019 | $831,003 | −3.9% | $242,088 |
| 2020 | $818,548 | −1.5% | $257,151 |
| 2021 | $841,430 | +2.8% | $295,959 |
| 2022 | $857,724 | +1.9% | $340,014 |
| 2023 | $839,553 | −2.1% | $348,160 |
| 2024 | $854,823 | +1.8% | $359,751 |
| 2025 | $856,218 | +0.2% | $362,959 |
| September 2026 | $894,141 | +5.1% | $366,157 |
The current value of a Hoboken home bought in any year
It is an estimate based on an index for a typical home rather than an appraisal.
A year's figure averages its twelve monthly index values; the current value is September 2026. Other tools: home appreciation calculator.
Are you thinking about selling? Compare local agents through Realtor.com. Advertising disclosure: links like this one may pay the site, but they never change a number. Disclosure.
Hoboken housing market forecast
Zillow's numbers for the New York, NY metro point to +2.8% across the 12 months beginning September 2026, with +0.7% over the three months ahead. Hoboken's typical value of $894,141 would therefore approach $919,200 after a year under the forecast.
The site offers no forecast of its own; it restates Zillow's central estimate for the metro. Such a 12-month forecast has typically differed from the actual change by several percentage points, whether higher or lower. This is not investment advice.
All metro forecasts appear in this table: housing market forecast.
Hoboken housing market crash risk score
Moderate rating: 20 of 100
Hoboken's ranking among the 292 cities is based on five conditions that reached high levels before earlier price declines. Every input receives a score from 0 to 100 by comparison with the other cities. Equal weight is then applied when averaging the five scores. This score shows current conditions and does not forecast a crash.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | −42.3% | 6 | 20% |
| Time on the market vs 2019 | −17.6% | 13 | 20% |
| Price-to-rent ratio | 18.6 | 54 | 20% |
| 12-month price change | +5.1% | 7 | 20% |
This is not investment advice. Scoring details for the inputs: methodology. Rankings for all 292 cities: city crash risk.
Hoboken inventory and days on market
In September 2026 the New York, NY metro reported 38,158 homes for sale, up +6.3% on a year earlier and down −42.3% compared with the same month in 2019. Listings sold in a median of 56 days, which was −17.6% compared with 2019. Price cuts applied to 10.3% of listings.
| New York, NY metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 38,158 | +6.3% |
| New listings | 15,952 | |
| Median days on market | 56 | −3.5% |
| Median list price | $742,000 | −2.3% |
| Share with a price cut | 10.3% |
Metro inventory from Realtor.com® Economic Research. Realtor.com data. All metros: days on market per city.
Hoboken rent and living costs
Hoboken's typical monthly asking rent is $4,005, according to the Zillow Observed Rent Index. This is +3.8% over a year. A typical home costs the same as 18.6 years of the stated rent. According to BEA, metro prices stand at 112.6 compared with a US average of 100. Housing costs are at 148.6.
More housing markets in New Jersey
- Jersey City $656,649
For the entire state: New Jersey housing market.
How to read this chart
The plotted points represent the Zillow Home Value Index for Hoboken. This is the smoothed and seasonally adjusted value of a typical home within the market's middle third, measured in that month's dollars. A hollow dot shows the month on the slider; a terracotta dot shows the newest month. Inflation is not taken out of these figures, and an index describes the typical home rather than a particular house. Work out what one home is worth from what it sold for, using the home appreciation calculator or the card above it.