Housing Market News • October 6, 2026

What is Happening in the Hudson Valley & North Jersey Real Estate Markets? September 2026 Analysis

sNavigating the Tri-State suburban housing landscape requires a clear look at local data. Whether you are searching for a single-family home near scenic parks or listing a condo close to Manhattan transit, September 2026 market dynamics vary significantly across state lines and county borders.

Here is a consolidated market breakdown for Orange County & Rockland County (NY) and Sussex County & Passaic County (NJ), covering inventory levels, pricing trends, and strategic advice for buyers and sellers.

Regional Snapshot at a Glance

County & State Months of Supply Supply Trend (MoM / YoY) Median Sold Price Price Trend (MoM) Median Days on Market
Orange County, NY 5.01 months -8.74% MoM / +10.35% YoY $475,000 -5.00% 48 days (sold) / 52 days (pending)
Sussex County, NJ 3.24 months -17.77% MoM / -1.52% YoY $462,000 -27.19% 21 days
Passaic County, NJ 5.50 months +2.23% MoM / +298.55% YoY $319,500 -23.93% 66 days
Rockland County, NY 3.58 months -7.73% MoM / +15.86% YoY $750,000 -3.85% 35 days

Detailed County-by-County Market Breakdown

1. Orange County, NY

What’s Happening:

  • Inventory & Supply: Orange County currently holds a 5.01-month supply of inventory. While this reflects an 8.74% drop from August, inventory is up 10.35% year-over-year, indicating a healthier, more balanced market than last fall.

  • Pricing Trends: The median sold price sits at $475,000 (down 5% MoM). Sellers entering the market are listing with confidence, showing a median new list price of $499,000.

  • Days on Market: Pending listings are averaging 52 days, while completed sales clock in at 48 days—a 14.29% month-over-month increase in turnaround time.

Why It Matters & Key Takeaways:

  • For Buyers & Sellers: Year-over-year inventory growth gives buyers broader inventory across single-family homes and townhouses. Sellers must avoid overreaching on price, as buyers have more competing choices.

  • Local Insight: Home to Hudson River vistas and shopping hubs like Woodbury Common Premium Outlets, Orange County remains a top pick for out-of-city movers seeking suburban scale.

2. Sussex County, NJ